Are homebuyers gravitating towards high performance homes with “Green” certifications?
There is evidence in the Triangle MLS listings to suggest so.
According to Raleigh Quick Appraisals's review of the Triangle MLS, 2010 new construction sales showed that certified homes sold for over 10% more per square foot and in nearly 1/3 less time.
Certified high performance homes can be defined by any of the following:
So far in 2011, over 30% of Triangle MLS listings for new construction homes have at least one of these certifications, with ENERGY STAR as the dominant certification.
Here are Raleigh Quick Appraisals's findings for 2010 new construction homes:
In 2009, less than 20% of new construction homes had at least one certification.
The results show that new homebuyers are shifting towards high performance homes with energy efficiency and "Green" certification, whether to save money with lower utility bills, increase home comfort and durability, or help sustain the environment.
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.