Monday, May 16, 2011

Sustainability in Austin: Riverside Grove


After visiting Goodlife Team’s Riverside Grove development, I was left feeling slightly underwhelmed. While the property is an excellent choice for entry level buyers, there isn’t much to persuade a “green” buyer into selecting a unit. The Goodlife Team acknowledges that developers have to be green to compete, but they seemed to have mixed feelings about why people buy green. This lack of clarity might account for the lower scale sustainability features throughout the property.

With units ranging in size from 900 – 1400sq ft, and with a moderate price tag of $130,000 - $180,000, units offer a great location and price advantage over competing properties. The modern finishes, though not particularly impressive, were what one would expect for this price range. Buyers should be able to save a little money on electricity with the low-e vinyl windows and 14 SEER A/C units located on the property, but there were few additional “green” advantages outside of the community garden. The property was clean, well kept and had plenty of gathering places allowing for a more interactive feel to the property.
In the end, it seems the finish out, competitive pricing, and the location are probably more of a draw than any “green” incentives.

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