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As we reflect on all the natural challenges we face as a Nation in 2017, especially the impact of Hurricane Irma in Florida, there are many questions we should ask ourselves at the beginning of this New Year:

1) Is my property fortify enough to face extreme weather events and ready to protect my loved ones?

2) What economic consequences will Irma bring to our 2018 budget?

3) What is the value of my property after Irma?

To answer these questions, it is important to highlight that 2017, will be remembered as the costliest and most destructive season in the history of the United States, leaving $ 368.66 billion (USD) in losses and 25.8 million people impacted and still recovering due to hurricanes Harvey, Maria and Irma. As a result of the damages caused by Irma in South Florida, homeowners will see a 10% increase in property insurance.

Fortifying your homes this year, will be your best resolution. After having inspected hundreds of houses impacted by Hurricane Irma in different counties of Florida, I was able to observed their deficiencies that compromised its integrity when facing extreme weather conditions. That is why I would like to share with you my experiences and lessons learned, with the purpose that you can identify the vulnerable areas in your properties and carry out the necessary transformations to make them stronger and safer to face future Natural disasters. These are the most important observations:

ROOF: All the roofs observed were old with missing shingles or cracked tiles, without roof straps or second water barriers. This caused structural damage, water intrusion, indoor damage, mold and mildew buildup poor indoor air quality compromising habitability conditions.

One of the best resolutions you can make in 2018 is to install a new roof. A new roof will bring you peace of mind knowing that your family will be safer and healthier. Also, you will save a lot of money in costly repairs, insurance payment and electrical bill adding value to the property,

WINDOWS: All the properties I inspected had single pane windows without any kind of protection. As consequence, some windows blew up during the hurricane exposing the property to a bigger damage. Also, I was able to see water infiltration through the windows and doors by the wind-driven rain causing a lot of water damage in the interior.

Installing high performance windows and doors would be a smart resolution for safety and also for savings. Windows and doors will protect your home during hurricane and will save you money by lowering your utility bill, and the insurance payment. Also that will improve the indoor air quality by eliminating condensation and humidity problems.

ELECTRICITY: Approximately 12 million of people in Florida were left in the dark in the aftermath of hurricane Irma. All the homes I went to, had power outages from 1 to 30 days. This interruption caused a lot of food and medicine to be damaged, air conditioning failures as well as indoor water damage in flooring and drywall as result of defrosted refrigerators.

To avoid this from happening in the future, consider buying a solar generator or even better, the installation of solar panels and a battery storage that will allow you to use power from the solar panels without being connected to the grid.

2018 will be, without a doubt, the year to build stronger properties and to fortify existing ones by implementing high-performance strategies that goes beyond the minimum codes required in construction. After all we learned from Irma, it is my hope that more people understand the importance of transforming their properties in 2018, not only to make them safer and healthier, but also to reduce the expenses associated with maintenance, insurance and electricity consumption, increasing as consequence its market value. The time to start, is now, many implementations take months to complete.

We are ready to help you from consultation to the complete transformation of your property including financing. For more information, please send me an email to info@HHDCgreen.com

By Maria Mercedes Hernandez

LEED AP ID +C / General Contractor/ Building Analyst

As more and more people in South Florida are using the PACE program to retrofit their property and make it more efficient and sustainable, one of the most frequent questions I get asked all the time is how do they really know if value of their property will increase with the new transformation?

That is a very important and fair question if you want to differentiate the Green value of your property from the standard competition. Unfortunately, because Green homes are relatively new to the South Florida market and comparable homes are difficult to find, energy efficiency upgrades may be overlooked in the appraisal process for a variety of reasons, including a lack of access to quality data and appraiser qualifications. Only small number of appraisers are aware of the unique features of Green building, zero energy or high-performance homes and understand the added value of energy- efficiency upgrades and “Green” implementations.

According to the Appraisal Journal, the market value of a home increases by $10.00 – $25.00 for every $1 decrease in energy bill. To ensure that the appraiser takes the home’s upgrades into account, the property owner should clearly identify the property as a special property type, which requires an appraiser qualified in the valuation of energy efficient, high-performing home. Also, The Federal Housing Administration, Fannie Mae and Freddie Mac, require appraisers to consider the energy efficient improvements of the homes.

To standardize the communication of the high performing features of residential properties, the Appraisal Institute has developed the Residential Green and Energy Efficient Addendum.  The Appraisal Institute’s Green Addendum is the first residential green and energy efficient appraisal report addendum developed by appraisers, for use by appraisers.

Builders, contractors with knowledge in green building and third-party verifiers are encouraged to complete this Addendum and present to appraisers, agents, lenders, and homeowners.

The Residential Green and Energy Efficient Addendum also educates about what is green building and how it applies to all the phases from design, construction, operation, maintenance, renovation, and deconstruction. Also, highlight the six elements found in green building that must be considered, including (1) site, (2) water, (3) energy, (4) materials, (5) indoor environmental quality, and (6) maintenance and operation. The energy efficiency and water conservation are the most measurable elements of green or high-performance housing.

The following verified improvements are considered within the appraisal analysis of the subject property for an increase value:

  • Green Certifications: such as LEED, FGBC, EnergyStar, Zero energy homes, Indoor airPlus, WaterSense, Living Building Challenge.
  • Energy Label: from approved sources, such as Department of Energy (DOE) and Home energy score RESNET’s HERS rating.
  • Verified Improvements: specifically, those that have documented cost information available. Energy efficient improvements including: Low E windows, insulation, Day lighting, Energy Star appliances, water heater, high efficient air conditioning, programmable thermostat. Indoor environmental quality improvements like nontoxic pest control, humidity monitoring device installed and water efficiency improvements including grey-water reuse system, water saving fixtures, rain barrels.
  • Solar Photovoltaic System: including the panel specifications, inverter, battery storage capabilities, and array information.
  • Solar Thermal Water Heating System: including type of system, collector type, backup system.
  • Location –Site:additional considerations in the appraisal analysis apply to walk score, public transportation proximity and site benefits, such house orientation and water efficient landscaping.

Before you make the decision on your next retrofit project be smart and get informed about the strategies and implementations that will increase more your property value. For more information on the best retrofit and how to do it with 0 Down-payment and 100% finance, please, send us an email to: info@HHDCgreen.com

By: Maria M. Hernandez

LEED AP ID+C, Building Analyst,

CGC#1515897

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