Investing in property around Vancouver and Burnaby Park is an exercise in high-density living. However, some lower-density housing is being planned. Traditionally, high-density living near town centers with easy access to jobs, shopping centers and attractions reduces a city’s carbon footprint. But a property manager can help a city go green by providing tenants with tools they need to make their living space a more efficient, eco-friendly area.
Simply creating a greener, energy efficient home can help with marketing a property. It’s shown that 60% of renters search for energy efficient homes and 25% are willing to pay more for them. Property managers can begin by making sure that windows and doors are sealed tightly and that newer double-paned windows are installed on the property to reduce the amount of heat lost by the home or apartment complex. Installing energy efficient appliances such as Energy Star appliances can help a property owner go green.
When repainting an apartment, use zero-VOC or zero volatile organic compound paints which are healthier for the environment and for your tenants, as they cause fewer respiratory diseases. Also, replace carpets with carpets made of recycled plastic bottles and tires.
Install low-flow shower heads to reduce the amount of water used by your renter. Also consider drip sprinkler systems and other water-saving techniques on the property while landscaping. A property owner can save an average of $150 per year by making this simple upgrade. Canadians are the second highest water consumers in the world.
Encourage your tenants to use compact fluorescent bulbs, to clean their filters regularly and to use their recycling bins. Canadian residents who make eco-friendly home renovations are eligible for a $1350 home renovation tax credit from the government. Your property manager can help you look into making your property green while earning some green in the process.