27 Nov '11, 10am

Renovations and Repairs Can Boost Our Economy and Environment

Renovations and Repairs Can Boost Our Economy and Environment

In today’s economy, money is tight and foreclosures are rampant. This message isn’t reassuring to new home buyers. Frankly, all of us in home building should be paying attention. Anyone thinking about buying or building a new home needs to take a serious look at renovation and repair instead of new construction. The equation is simple: Home renovation uses less material and more labor than new construction. New construction uses around 50-50 labor and materials. Most of the expenses go to new materials, and these materials come from all over the place. The HVAC system may be manufactured in Idaho and the garage doors made in Singapore. Meaning that very little of the money spent is going to be invested locally, not to mention the environmental impact of when the land had to be cleared and prepped. When renovating and repairing an already existing structure, there’s less of...

Full article: http://greenbuildingelements.com/2011/11/27/renovations-a...

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