There is however a proven track record, that the more energy efficient a home is and the higher it’s star rating, the faster those homes sell. You think that is too expensive, right?īut what if I tell you best practice does not have to be more expensive or at least it does not have to cost much more.Įven though there haven’t been a lot of studies done on the sale of energy efficient homes (maybe because most owners love their homes so much, they don’t sell them and see them as a long term investment). So, one question we should all ask ourselves is: do we really want to build homes that are AS BAD AS THEY LEGALLY CAN BE? Shouldn’t we be aiming for best practice? Let this sink in: If one thing was done incorrectly during the construction, for instance if a lower performing insulation was prescribed and installed, your development would be illegal… If one element was overlooked or missed, the house would not comply and be considered illegal. What many developers do not take into consideration is that a 6 star home barely complies with the building regulations. There is no real concern about how energy efficient or comfortable those homes really are, because the developer is not the one living in it. Huge dwellings, with lots of wasted space and more bedrooms than the average family needs, because everyone says you need 5 bedrooms for resale purposes… We see those typical gigantic so-called energy efficient 6-star town house developments. Sadly, we often overlook quality for quantity because this is common practice and everyone seems to be doing it, right? We speak to real estate agents to ascertain what the market is after to make sure whatever we build will sell fast and for maximum profit. Whether this is your main source of income or you’re reducing your mortgage with the earnings or trying to build up your superannuation, we all want to maximise our town house development. No matter if you are a seasoned developer or a first timer trying to build a unit at the back of your existing house, we’re all in it for the same reason to maximise our personal wealth.
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