27 Nov '15, 6pm

How Much Is Green Worth? High-performance homes are the new favorites in D.C.

Ohad Ben-Yoseph via Flickr Creative Commons Homebuyers are not only increasingly interested in high-performance homes, but are also willing to pay more for them, according to a study by The Institute for Market Transformation and the District of Columbia’s Department of Energy and Environment. High-performance homes are homes marketed with green features, such as a solar photovoltaic array or LEED certification. Through a paring analysis of a total dataset of 64 homes had sales prices ranging from $265,000-$1,415,000 in the D.C. market, the IMT found that such homes sell for a 3.46% premium on average compared to those without green features. image via IMT “With American households spending around $230 billion each year on energy, the real estate market is beginning to recognize the true value of high-performance homes,” said Cliff Majersik, IMT Executive Director, in a st...

Full article: http://www.ecobuildingpulse.com/news/how-much-is-green-wo...

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