If you’re thinking about building a high-performance home, you’re probably wondering about its financial implications – both upfront and long-term. While it’s impossible to estimate the cost of any home without factoring in variables such as size and style, there are general patterns to note when planning (as well as other incentives to consider).
It might be tempting to assume that high-performance is a much more expensive option – but remarkably, a high-performance home only costs 5-10% more than its conventionally-built equivalent. “People are often surprised to learn that,” says Clarum president John Suppes.
Not to mention, after several years the high-performance home “catches up” – offsetting the difference in initial construction costs, and essentially paying for itself.
How? By costing up to 90% less, month to month. High-performance homes are extremely efficient – they feature state-of-the art technology such as tankless, on-demand hot water, energy-efficient appliances, water-conserving plumbing fixtures, low-energy lighting, and a solar-power system.
In addition to promoting water and energy conservation, your new home will also help minimize your heating bill. At Clarum Homes, we build our high-performance homes with an airtight, highly-insulated building envelope, so your HVAC system can keep your entire house cozy on less energy than it takes to run a hair dryer.
Over the years, it all adds up, delivering an extraordinary return on investment.
Another important factor to take into consideration is the green building incentives it may qualify for. As one our customers said:
With the federal tax credit, which offsets a third of the cost, the 15% state rebate, the 50% bonus depreciation and the energy savings – combined with the positive environmental impact – it’s totally a win-win situation.
So while your initial investment on a high performance home may be (slightly) higher, the cost savings offered through a lifetime of energy efficiency are exponentially greater – and the green building incentives offer just one more way your new home will pay for itself. Not to mention, you will be giving your family a home that is beautiful, healthier, and more comfortable.
To learn more about building a new high-performance home or a remodel of your existing home, give Clarum Homes a call at 650.322.7069.