ENERGY STAR Qualified Homes Sell Faster, at a Higher Price
North Carolina Energy Efficiency Alliance - ENERGY STAR Qualified Home Study Results
Homebuyers may be hesitant to build an ENERGY STAR home - the initial cost is about 1% more than a standard home.
But the monthly energy cost savings (through reduced energy needs, government incentives, and energy company discounts), increases in comfort, benefits to the environment, and home loan incentives are helping homebuyers across the nation make the decision to go ENERGY STAR.
Now, you have a new reason to build ENERGY STAR: statistically significant market advantages.
The North Carolina Energy Efficiency Alliance (NCEEA) recentlly completed a study investigating the market advantages of ENERGY STAR qualification for new homes around the greater Raleigh-Durham area of North Carolina.
The study analyzed Triangle MLS homes, including:
- A random sample of ENERGY STAR Homes
- A random sample of homes with no building certifications (with similar third party appraisal values)
ENERGY STAR Homes were found to have a significant market advantage, compared to similar code-built, uncertified homes, in each of these categories:
- Selling for a higher sale price
- Selling for a higher price per square foot, or
- Having spent fewer days on the market prior to sale.
While ENERGY STAR homes also sold for a greater proportion of their list price, these results of the study were not found to be statistically significant.
No matter when you're planning to move again, having a home that's easy to sell when the time comes will make a big difference.
The Benefits of an ENERGY STAR Qualified Home
Here is a summary of the study's results:
ecoSelect Third Party Energy Certification –
The ecoSelect certification in your new home indicates that the construction is designed to provide higher levels of energy efficiency, per the national HERS index, with better indoor air quality and water efficiency than standard new homes. We're not afraid to have third party inspectors check our homes carefully, for your piece of mind and long term value. Learn more about new homes with lower energy costs, here.