In the recent couple of years, the cost of electricity, gasoline and home heating has hiked at an alarming rate. Thus, most homeowners today are turning towards the copious benefits that come along with going green. If not for the environment, they aim at building a green home either to save money or add to the value of their homes. Green or eco-friendly real estate entails use of things, like energy-efficient devices, alternative sources of energy and better insulation for conserving energy. Talking about green homes, which are known to have a skyrocketing popularity, well as the name suggests these are built using eco-friendly building materials. Sometimes, they are even such areas built inside the house which make it more energy-efficient. For instance, in order to maximize the insulating properties and conserve energy, these homes are built on the sides of hills.Green properties are not only for the environmentally conscious people. Green real estate offers numerous practical benefits to every homeowner. For instance, if you use low-flow plumbing fittings and energy-efficient devices in your home, then you can literally save a lot on water and utility bills. Also, if you have an alternate source of energy, then you can substantially lower down your increasing energy bills. In the older homes, several appliances, which might be available since seventies or eighties, would likely be using a lot of electricity. By updating all such appliances with the modern energy-efficient ones, the homeowners can save a great deal of money. The initial costs are usually a deterrent, however as a homeowner would likely be staying in his house for several years, the costs of upgrading are outweighed by the long-term savings.Besides, use of solar panels is also one of the various ways in which a homeowner can go green and enjoy advantages of the same. Those living in the high sun regions can benefit from numerous government programs, which subsidize your purchase and installation of the solar panels. Though the initial expenses for the solar panels may seem to be jaw-dropping, but in the long run, they can be highly gainful for you. In fact, many homeowners run their house solely with the use of solar energy and pay nothing to utility companies.Just like the solar panels, even the wind turbines act as a great asset for homeowners, especially for those who reside in the high wind areas. For domestic use, wind turbines are quite unobtrusive, small in size and sometimes a little ornamental to match with natural surroundings. These devices do not produce equivalent energy, as the solar panels; still they can make a huge difference in what a homeowner can save by using them. Going green is not a big expense. By simply making certain changes, like switching conventional incandescent bulbs with the CFL lights, opting for wooden flooring, planting lots of trees in the garden area etc, can significantly increase your savings as a homeowner. So, go ahead and enjoy the copious benefits of green real estate.