A new study released last week by the Institute of Market Transformation (IMT) and Washington DC’s Department of Energy and Environment (DOEE) shows homebuyers are willing to pay a premium for green homes.
“In pairing high-performance home sales with multiple non-high-performance home sales, the study also identified current barriers in the real estate transaction process that may be preventing home sellers from receiving the full market value of their high-performance homes. While the study’s comparisons and conclusions clearly demonstrate that homebuyers are willing to pay more for high-performance homes, the multiple listing service, or MLS, does not adequately collect and showcase data on green features. In addition, the market is in need of real estate professionals with knowledge of green building principles and practices in order to better market high-performance homes.”
Read more here: New Report Finds Green Homes Sell for a Premium