Real Estate Blog

Making the case for big-ticket green features in home and building boils down to one question – Who’s gonna own it? 

Often the answer makes a whole lot more sense when it’s a “we” rather than a “me.”

I’m not talking about changing light bulbs and easy, affordable measures with paybacks of a couple of years.  I mean the really big stuff – like larger solar arrays and solar hot water, geothermal heat pumps, and small wind projects.  In other words, there’s greater purchasing power when a group of owners come together as a single entity rather than each owner separately springing for these features.

In real estate law here, the Colorado Common Interest Ownership Act (CCIOA) governs groups of property owners who can pool resources to purchase and

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We just released our second annual Sustainability Report, and it's available for download.  

GreenSpot Real Estate is a real estate brokerage helping clients buy, sell and lease commercial and residential properties.  We're also in the business of selling products and services - green homes and buildings, and sustainability services like LEED and ENERGY STAR certifications.  

GreenSpot is known as an "impact" company, and we received a globally recognized designation signifying that last year as a certified B Corporation.  Impact companies (and B Corps) demonstrate "ESG" (environmental, social and governance) benefit in addition to financial success.  When the cash register rings at GreenSpot, there's often significant ESG benefit, and it's outlined

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Last December, 195 countries agreed to reduce carbon emissions to 10 percent of 2005 levels by mid-century to avert the worst effects of climate change. The resulting impact on the places we live and work will be enormous. 

The Paris Agreement draws a sharp line in the sand for anyone building, developing or investing in the built environment - create carbon-neutral homes and buildings, or be left behind.

WHAT HAPPENED IN PARIS?

In December 2015, signatories to the Paris Agreement agreed to reduce greenhouse gas (GHG) emissions to limit climate change to no more than 2 degrees (C.) with 1.5 degrees as the desired target.  Each country will determine its own GHG reduction and ratchet that commitment every five years.  Countries must also report

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I get a knot in my stomach when I drive around and routinely see wasted opportunities to make homes and buildings more energy-efficient.  ‘Specifications that can be easily folded into a new home or remodel at the beginning of the project. 

These things can have a huge impact on how the home will feel when you’re living in it, and what the utility bills will look like.  Most of these are simply a matter of your design professional at the right time specifying better features or construction materials for your property.  Cost?  Their vigilance upfront and YOUR intention.

  • ELECTRICIANS & INCANDESCENT LIGHT BULBS – I run into very few residential electricians who bother to install high-efficiency light bulbs like LEDs.  Most slap in incandescent
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DENVER (Dec. 3, 2015) — GreenSpot Real Estate received the 2015 “Green Dealmaker” award given by the U.S. Green Building Council’s Colorado chapter on Dec. 1, 2015.  The award singles out GreenSpot as the state’s most sustainable real estate company with expertise in high-performance properties, and a jury panel of nine judges selected GreenSpot from three finalists.

Started in 2010, GreenSpot Real Estate provides a menu of real estate transaction brokerage and developer services, with a specialty in certified, energy-efficient building.  The company has since become an industry leader in realizing higher sale and appraisal valuations for this specialized category of real estate – high-performance homes and buildings.

IN|CARNATION – In 2012,

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When you’re preparing to bring a newborn home, having a nursery at-the-ready is de rigeur.  But one thing you may forget is that your home will run 24/7.  And that means a spike in energy bills – as much as 20 percent or more.

One of my clients lives in inner-city Denver in a house built in 2005 – meant to look like the neighboring Victorian bungalows all around it.  The house has 1,538 square feet above-grade and a full, finished basement.  Gas furnace and electric air-conditioner (10 years old).   Three refrigerators because they love fine wine and craft beer.  Plus 39 lights – most of which had high-wattage incandescent light bulbs.  Hubby is also a photographer so lots of gear plugged in for charging.

Mr. and Mrs. Bungalow brought their new baby

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Almost daily, people ask me about solar and how it interacts with residential and commercial real estate – whether it’s worth it, does it appraise, ways to implement it, etc.

In this post, I’ll answer some of the questions I get asked routinely about the nexus of solar and real estate.

HOW CAN I OWN OR BUY SOLAR?

There are several ways to take ownership of solar energy, and/or the good karma you get from it.

BUY – You can buy the solar array, inverters and meter outright. You call a solar provider who sells systems, they spec one for you, you write the check, and BOOM! They install a solar system that’s yours, all yours.

POWER PURCHASE AGREEMENT (“PPA”) – This is the solar lease of the 21st century, and a couple of years back, over 80

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The actuaries have it right.

 

Not only are green buildings healthier, productivity lifters, and worth more money in capital markets - now the insurance industry confirms that they’re better insurance risks.

  

And one casualty insurer is offering hefty discounts for green-certified properties.

 

“The greener the buildings are, the bigger a premium credit we offer.  There’s a direct correlation between quality of risk and green-building practices” says Eric Arthur, executive vice president and co-founder ofFulcrum Insurance Programs outside Seattle.

 

“The type of manager who’s spending time to green policies and procedures is doing a better job of watching the shop.”

 

Fulcrum offers discounted casualty insurance premiums of

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Built in 1954, home at 3030 S. Cornell CircleIn a recent blog, I blasted mid-century modern architecture as the “worst and the least of everything” for its energy (in-)efficiency.  But one renovation in a historic Mid-Mod neighborhood near Denver intends to set that right.

 

Located in the time-capsule neighbordhood of Arapahoe Acres, the house at 3030 S. Cornell Circle is getting a green-home overhaul, grandly reaching for net-zero energy – all its power needs generated on-site.  Not only will the makeover raise the roof on the home’s energy efficiency, it’s modernizing the character of this mid-century area, to say nothing of lifting property values.

 

Architect Mark Bowers and his team from Architectural Workshop purchased the house this summer in the middle of Denver’s frenzied real

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GreenSpot Global was recently named a certified B Corporation – a designation given to companies that demonstrate environmental and social impact as a byproduct of their business model and operations.

 

GreenSpot is one of 1,442 companies so certified worldwide, one of 53 in Colorado and 15 in Denver.  Other B Corps include Patagonia, Method, Seventh Generation, Dansko and Ben & Jerry’s. 

 

B (“benefit”) Corporation status means that a company scores 80 or more points of 200 in an assessment administered by the 501(c)3 non-profit B Lab.  Companies must demonstrate that their operations pass muster in four categories.  

 

(1) The company’s ENVIRONMENTAL IMPACT.

 

(2) How the company interacts with its internal and

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