These days, the ‘green’ label gets thrown around a lot. There’s no end to the list of things advertised as less harmful for the environment than their traditional counterparts. Far from following the trend, the housing industry has long been ahead of the curve. Residential development continues to sit at the forefront of this commitment to green building, with alternative insulation materials going mainstream, solar panels popping up on rooftops across the country, and water-saving technology becoming the norm. But while these additions and renovations can be great, many eco-minded homebuyers don’t realize just how efficient and environmentally friendly it can be to live in multi-unit buildings. Luxury condos are green by their very nature!
The Benefits of Population Density
The more that a single structural element, utility, or appliance can be shared, the more efficient it is. In a luxury condo, a shared wall does what two separate walls would in houses. That translates to half as much building material to construct the wall, whether it’s wood, brick, concrete, etc. It’s also common for utilities to be centralized in a condominium complex, meaning that the hot water heater serves multiple units, a far more efficient use of energy than heating multiple small water heaters. The same holds true for air-conditioning and heating, which benefit from scaling up and serving multiple residences. By combining these functions that would need to be replicated at each individual home, multi-unit homes maximize efficient use of building materials and electricity.
Space to Breathe
On the other side of the equation, minimizing sprawl by sharing structures and appliances leaves more room on the property for outdoor features. Luxury condominiums have a much smaller footprint, on a per-unit basis, than individual homes. This means that the grounds can be larger and more luxurious, with water features and even small community gardens that would not be possible on many small lots.
The Cutting Edge
While luxury condos are, by their very nature, environmentally friendly, developers are increasingly using multi-unit residential construction to push the boundaries of green living. This is owed, at least in part, to the overwhelmingly green values and trends displayed by young, hip urbanites. Young professionals have shown especially significant interest in the Leadership in Energy and Environmental Design (LEED) certification for buildings. LEED certification encourages developers to incorporate alternative energy sources like solar panels for electricity or hot water. Another LEED innovation is the use of so-called grey water systems to recycle sink and drain water into the landscape. This water-saving technology is especially popular in the arid West, where drought has forced cities in California and Arizona to mandate cuts in public water.
Today, many homebuyers are interested in spending on environmentally responsible housing choices. Whether it’s a first home or a retirement pad, more and more buyers should look to luxury condos as eco-friendly options.