The phenomenon of house flipping, purchasing a dilapidated house and renovating it for expedient profit has been gaining in popularity thanks to shows like The Block. Yet does this phenomenon carry any benefits in terms of sustainability?
As the intended result for any flipper is to generate a profit from an inexpensive home, investing as little cash as possible to make aesthetic and not structural changes, a flip might result in using inexpensive materials and building as opposed to the use of sustainable materials and construction practices.
Major structural transformations made just for looks can have an effect on passive solar qualities if not well-considered. In addition, changes made for the flipped home may be flipped once again with the new owner – laying waste to more materials and resources. And research has demonstrated that flipping can elevate housing prices in at one time affordable residential areas.
Research reflects that sustainable homes are tougher to sell. While the term ‘eco-flipper’ is not frequently used in Australia, it is popular in North America. With foreclosed homes being sold inexpensively, adding substantial infrastructure costs can be economically efficient.
For these homes, eco-flippers emphasise energy saving aspects like insulation, energy efficient appliances, skylights, Energy Star water heaters or furnaces, and alternate power sources such as wind and solar. While cosmetic changes may happen as well, these are coordinated with the sustainable aspects, lessening any conflict.
Sales for these ‘eco-flipped’ homes have gone well, as home buyers embrace potential savings in terms of energy and utility bills.
In Australia mainly, flippers build with recycled materials and upcycle old furniture—but why stop there? They need to go beyond surface changes and explore the fulfillment of substantial sustainable requirements by way of NABERS, the NCC and other state-based programs.
They need to be in for the long haul, employing energy and water efficient modifications with the use of solid and sustainable materials and products.
Source: Architecture and Design.Com. Au