Real estate is a dynamic industry that reflects the world around it. As both climate and socioeconomic trends evolve, real estate markets will adapt to their changing ecosystems. Today, we’re diving deep into the currents of change shaping our industry — with a particular focus on the profound impact of climate change.

The Rise of Environmentally Conscious Investors

Buyers and investors are becoming increasingly environmentally conscious, seeking properties that are sustainable, energy-efficient, and resilient against natural disasters. Green building practices, renewable energy sources, and eco-friendly building features have become more than buzzwords, shaping the choices of both homeowners and commercial property investors.

With this change, buyers are also becoming more careful about property selection, evaluating properties based on their vulnerability to flooding, fires, and other climate-related risks. In response, architects and developers are incorporating innovative designs and technologies to create climate-resilient structures, marking a significant trend in the industry.

Adapting to Eco-Friendly Preferences

Eco-friendly features are becoming a necessity in the eyes of many buyers. Energy-efficient homes, green roofs, and solar panels will not only attract environmentally conscious buyers but also offer substantial long-term savings on utility bills. As governments implement stricter environmental regulations, properties adhering to sustainable standards will gain a competitive edge, influencing both residential and commercial real estate markets. In fact, about 75% of commercial buildings in the U.S. that have implemented sustainable features increased in value as a result.

In the commercial sector, businesses are likely to prioritize eco-friendly office spaces and locations less vulnerable to climate-related disruptions. Sustainable business practices, including green certifications and energy-efficient operations, will be crucial in attracting tenants and customers alike.

LEED, which stands for Leadership in Energy and Environmental Design, is a widely recognized green building certification program used worldwide. LEED provides a framework for designing, constructing, operating, and maintaining energy-efficient, environmentally friendly, and sustainable buildings. Since 2018, LEED-certified buildings have held a 21.4% higher average market sales price compared with non–LEED-certified buildings.

To start your journey investing in eco-friendly properties, contact us at info@xcaprealty.net.