One of my clients was in the market for older homes last year, but she was concerned about how these homes would stack up in terms of their home energy rating. As part of her investigation, she made it a point to discover if a home she might be interested in had a home energy rating. (HERS)
Knowing that the home energy rating evaluates and measures the home’s energy characteristics, she could then easily compare the energy costs for the three or four homes she was considering.

A local Asheville company, Home Energy Partners had told my client, “The HERS rating is so accurate that the mortgage industry will actually loan you more money if it is used to make cost-effective improvements to your home. "

"Up to 15% of a home’s appraised value is available for every home that is bought or refinanced,”  he explained. She checked THIS  out, so she knew what was involved. The home energy rater inspects the home and measures its energy characteristics, such as insulation levels, window efficiency, wall-to-window ratios, the heating and cooling system efficiency, the solar orientation of the home, and the water heating system. The rater gathers data and uses software to calculate the results and then convert those results into “points”—the higher the points, the more favorable the rating.

As we narrowed down the homes my client found interesting, a bright “painted lady”, a Victorian on a shady Asheville street became a contender. However, we discovered that this home had only 57 points. That meant that this home was “below average” in its home energy rating. Even though there had been quite a lot of remodeling done on this property, my buyer opted for another Victorian home that had received a rating of 85, or “efficient”.

Points

Rating

92-100

Extremely Efficient

86-91

Very Efficient

83-85

Efficient

80-82

Good

70-79

Above Average

There are so many things to consider when you are in the market for a home, whether it is an older home or a brand new one. In terms of energy efficiency, REALTORS® can be a “resource to the resources”, experts, such as HERS raters  who can make recommendations . A home is a big investment. We are here to help make it a positive one for you.

Copyright © 2007 All Rights Reserved  Asheville ECO Real Estate: Trends, Legacies & The Home Place Greenolina

 

 
This post has been included in North Carolina Information

16 Comments on “How many miles per gallon does this home get?” The Home Energy Rating (HERS) Test.

OCT
23
2006
258,677 Points 77 Featured Posts Localism Sponsor Outside Blog
 I hope this one makes up for some of the ones that got lost...
9:00pm • #1
FYI - The Gemstar House in Pueblo West that I represent got a 91 and 5 energy stars, and it's under $200,000! Everyone needs to be asking about energy ratings. And energy efficient mortgages as well!
Dena Stevens
9:43pm • #2
130,028 Points Outside Blog

janeAnne,

It truely is amazing how they continue to make our homes more effieient for us to live in. I guess I never thought about it this way. I always looked at the R factor.

Thanks for sharing.

9:56pm • #3
OCT
24
2006
535,337 Points 45 Featured Posts Outside Blog
Great added comparison for homes. I'll have to look into whether or not such a system is available here.
5:04am • #5
27 Featured Posts

Very good info for home buyers.  I personally have not had anyone request refinancing for energy efficient purposes, so I have not heard about going beyond the appraised value for it.

If you it is not 15% beyond the appraised value, how else does it help the borrower compared to normal loan programs? 

 I will look into it.

6:29am • #6
321,344 Points 64 Featured Posts Localism Sponsor Outside Blog
Thanks for your comments (and that amazing Star) Maureen, Dena,Susan, Sharon and Robert who wrote, " how else does it help the borrower compared to normal loan programs?

 

7:53am • #7
403,908 Points 16 Featured Posts Localism Sponsor Outside Blog
I'm learning more every day as a newly Certified EcoBroker(r) - thanks for the excellent post!
8:29am • #8
186,439 Points 28 Featured Posts Outside Blog
How cool!  Thanks for that information that is USEFUL!! =)
9:37am • #9
We do EEM's all the time here in Texas, they are a great product especially with energy prices where they currently are.
11:34am • #10
5 Featured Posts
I've smoenlimited experience with purchaser who have some experience with energy aware clients.  Here that information is provided by the electric company and generally covers all openings, type of insultation and equipment in the house.  I've had purchases changed due to low ratings.  SO it is not uncommon.
3:42pm • #11
OCT
25
2006
321,344 Points 64 Featured Posts Localism Sponsor Outside Blog
Thanks to all who commented on this. I'd like to hear more about "affordable housing" Dena,  you may be interested in the ECO consultant certification in North Carolina, Susan, and thanks again for the gold star, Maureen :-)
3:55pm • #13
DEC
07
2007
321,344 Points 64 Featured Posts Localism Sponsor Outside Blog

Michael~

You commented, " I've had purchases changed due to low ratings. " I know what you mean. One of our team members at our Firm jsut told me that a new construction project he's involved in didn't get the rating they had hoped for...and now he is hoping that changes will be made to remedy the problem(s) so that  his clients can move forward with their purchase.

3:20pm • #14
2 Featured Posts
Wow JaneAnne! Your original post was back in Oct 06 - look how forward thinking you were! We have 3 HERS raters in our area. I know 2 of them and am meeting for the first time with the third next week. These guys really know their stuff and I understand it is not an easy test to pass. What they can do for homeowners, especially of existing homes, is fantastic. Great post! I'm glad you resurrected it!
3:53pm • #15
SEP
24
2008

Having these numbers for comparison can be really, really helpful. 

3:55pm • #16

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janeAnne, Asheville's "Green-o-Lina" NAR GREEN Real Estate Consultant

Asheville, NC

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GREEN Eco-Friendly LAND & Green Built Homes

Address: One Tampa Avenue, Beautiful Greater Asheville- Weaverville, Marshall, Hot Springs, Black Mountain, and Gorgeous Horse Country, Asheville, NC, 28801

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