Green-Certified Homes Get 9% Higher Sales Price in California
Having a green certified home adds 9% to its appraised sales value in California, finds a new study. The study is the first rigorous, large-scale economic analysis of the value of green home labels in California and was conducted by state university professors.
Researchers conducted a pricing analysis of all 1.6 million single-family home sales in California from 2007-2012, controlling for all other variables that typically influence selling price, such as location, size, age and amenities. Full story.