Green homes sell faster than "regular" homes and for more money. That's the sum of a study conducted by the Green Building Valuation Initiative, according to Earth Advantage.
As an EA S.T.A.R. broker, this news was passed along to me and other green brokers. The full results have not been made available as of yet, but here's what Earth Advantage says to-date:
"For this study, Earth Advantage Institute worked with an appraiser to identify comparable homes for 92 Earth Advantage and Earth Advantage/ENERGY STAR certified homes in the Portland metropolitan area. The certified homes earned a price premium of 3-5% when compared to comparable homes that were not certified. In addition, the homes did sell more quickly — selling an average of 18 days more rapidly than homes that were not certified."
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