01 Oct '12, 8pm

Green labelled homes sell for a 9% premium!

Green labelled homes sell for a 9% premium!

The Value of Green Labels in the California Housing Market " is the first study to provide statistical evidence that, holding other factors constant, a green label on a single-family home in California provides a market premium compared to a comparable home without the label. This study, conducted by economists at the University of California, Berkeley and University of California, Los Angeles, finds that California homes labeled by Energy Star, LEED for Homes and GreenPoint Rated sell for 9 percent more (±4%) than comparable, non-labeled homes.

Full article: http://www.builditgreen.org/en/art/650/

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