What does it mean to make our homes healthier? Around the country, people have started to recognize that the design of the places we live is a key tool in preserving our mental and physical health. According to the Global Wellness Institute, consumer demand for wellness in real estate is on the rise globally, with more than 1 million potential buyers searching for homes each year that will help them achieve their own personal health and wellness goals.
Unfortunately, limited inventory has made it difficult for buyers to act while many developers have remained on the sidelines, citing a major impact on construction costs, limited evidence and added challenges to the design process.
The reality is, with a disciplined approach and the right building team, the cost of designing spaces and places that actively support human health and well-being does not have to increase development costs excessively. In fact, developers that looks to certification programs like the WELL Building Standard can design a space that can provide long-term gains for both investors, communities and residents alike that far exceed its cost in terms of time and investment.