As a homeowner considering building a new custom home, consider building a green home certified by one of the following building standards and you’ll be eligible for a partial mortgage loan insurance premium refund of 15% from Canada Mortgage and Housing Corporation (CMHC). The building standards are:
- Built Green™ (National)
- ENERGY STAR® (National)
- LEED Canada for Homes (National)
- GreenHome™ (Yukon)
- GreenHouse™ (Ontario)
- Novoclimat (Quebec)
- Power Smart for New Homes (Manitoba)
Beyond the savings from the mortgage rebates, building a smart green home can provide homeowners with many other benefits including a lower monthly maintenance costs, healthier and comfortable home, and improved resale value.
Lower Monthly Maintenance Costs
Energy-efficient homes reduce their environmental impact to the home and its surrounding, resulting in savings on water and energy consumption. Use with time and motion sensors for whole-home automation to optimize energy-efficient and minimize energy waste.
Healthier and Comfortable Home
Green homes are healthy homes, reducing allergens, and triggers for asthma and chemical sensitivity. This means less stress on the respiratory and immune systems. The homes are also designed to provide consistent comfortable living areas, without any areas with cold drafts. Smart home damper controls can provide the homeowner with even more control to ensure each room or zone of the home is set at the ideal temperature.
Improved Resale Value
Smart green homes typically sell for more and faster compares to homes without green certification. Some studies suggest green homes can sell for up to 10% more on average.
Building and living in a green smart home helps preserve natural resources for future generation by reducing its environmental footprint. In addition to doing good for the environment, certified green homes can also provide lower maintenance cost, healthier and more comfortable home, and improved resale value.