Fin24

Buyers moving to greener, smaller homes

2011-05-10 11:40

Johannesburg - An international trend towards smaller and greener housing has emerged, the Chas Everitt International property group said on Tuesday.

"All the statistics show that buyer preferences are tending towards smaller homes at the moment - and not just because that's all that's available or all they can afford," managing director Chas Everitt said.

Everitt said that the United States National Association of Homebuilders conducted a study which reflected this trend.

The study also found that, by 2012, homes are likely to contain more ecologically friendly technology and would combine living areas to accommodate smaller modern families.

Everitt said that a similar trend was emerging in South Africa, despite the fact that this market did "not exactly follow the US market".

He said that solar geysers, water-saving measures and energy-efficient appliances are becoming increasingly popular in South Africa.


Comments
  • MP3 - 2011-05-10 17:20

    some stretch of the imagination to compare SA's trend being a third world country to that of USA's trends.... some REAL reporting would make me happy.

  • Red_Baron - 2011-05-11 14:34

    Greener homes? Really? TO recover the costs for a solar geyser will take up to 10 years (R+-R15k for a decent one). A geyser blanket (+-R200), will be recovered in 2 weeks. Managed to half my electricity bill by installing one (and setting the geyser to 55deg.). Install Isotherm or ThinkPink for R3000/100m2 (all developers that built homes during the boom years forgot about these products, greedy buggers) and you will get returns on heating and a/c costs within 4 months. All the other "green" products such as solar geysers, gas stoves, etc etc etc are too costly from a capital installation point and only help for the "feel good, im a tree hugger" feeling. And one last request for the developers and town planners: BUILDING REGULATIONS CALL FOR ALL HOMES TO BE NORTHFACING FOR A REASON!!! This saves on heating and a/c once again you muppets! So get the basics right first dear town planners & developers(stand orientation etc etc)

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