In recent years, the real estate industry has witnessed a profound shift towards sustainability, driven by a growing awareness of environmental issues and a commitment to creating a greener, more sustainable future. As we move further into 2024, several key trends are shaping the way real estate professionals approach sustainability in their practices.
One of the most significant trends in real estate sustainability is the rise of net-zero buildings. These buildings are designed to produce as much energy as they consume, minimizing their carbon footprint and reducing reliance on fossil fuels. In 2024, we can expect to see an increase in the construction of net-zero buildings, as developers and investors recognize the long-term benefits of energy-efficient properties.
Green Building Certifications:
Green building certifications, such as LEED (Leadership in Energy and Environmental Design) and BREEAM (Building Research Establishment Environmental Assessment Method), continue to gain prominence in the real estate industry. These certifications provide a standardized way to assess the sustainability of buildings and are increasingly sought after by tenants and investors alike. In 2024, we anticipate a greater emphasis on obtaining green building certifications as developers strive to demonstrate their commitment to sustainability.
Sustainable Materials and Technologies:
Advancements in sustainable materials and technologies are driving innovation in real estate construction and design. From eco-friendly building materials to smart energy management systems, developers have access to a wide range of options to make their properties more sustainable. In 2024, we can expect to see continued adoption of these technologies as the industry seeks to reduce its environmental impact and meet the growing demand for sustainable buildings.
Circular Economy Principles:
The concept of the circular economy, which aims to minimize waste and maximize resource efficiency, is gaining traction in the real estate sector. Developers are increasingly embracing principles such as adaptive reuse, recycling, and waste reduction to create more sustainable properties. In 2024, we anticipate a greater focus on circular economy principles as the industry seeks innovative solutions to environmental challenges.
In addition to individual properties, there is a growing emphasis on creating sustainable communities that promote health, well-being, and connectivity. Developers are incorporating green spaces, public transportation options, and amenities such as bike lanes and pedestrian-friendly streets into their projects to encourage sustainable living. In 2024, we expect to see continued investment in sustainable community development as cities and urban areas strive to address environmental concerns and enhance quality of life.
If you’re selling a house in the North-West of England, speak to Mistoria Estate Agents. We are a leading estate agency with branches throughout the North-West in Bolton, Worsley, Salford, Liverpool, Cheadle-Hulme, and Little Lever.