Sustainable ‘Green’ Homes Grab Higher Resale Prices, More Real Estate Recovery.

By
Real Estate Broker/Owner with DMK Real Estate Ct RE Broker 0789963

 

Sustainable ‘Green’ Homes Grab Higher Resale Prices, More Real Estate Recovery.

 

Buyers are getting smarter and are looking at the whole home package when purchasing homes. With studies showing that green sustainable homes can sell for more than non-green standard built homes. Updated and new homes with green features will help the real estate recovery, providing a healthier, less maintenance, energy efficient home to buyers.

The Earth Advantage Institute in Portland, Oregon reports that green certified new homes sold on average eight percent more than non certified green homes. Earth Advantage analyzed sales data yearly for the past four years from the Portland Regional MLS.

The study found that existing homes with sustainable green outfits to sell an average of 30 percent more. The green certifications on homes in the study were from EnergyStar, LEED for Homes, EarthAdvantage and EarthAdvantage/EnergyStar combination.

 

In Atlanta a green certified study found that in 2010 certified homes spent an average of 97 days on the market verses 123 days for traditionally built homes. The homes were certified by EarthCraft House, LEED for Homes and EnergyStar.

 

Source: ~ Daily Real Estate News

                ~ Buyers Ready to Spend on Green

               ~ Green Homes Sell for More, Study Show.

 

 

 

David Popoff is a license Realtor in Connecticut with William Raveis office in Darien.   A resident of Fairfield County for over 40 years with 30 years of work experience throughout lower Fairfield County and now resides in Darien, Ct since 2004. 

  • Member of the Connecticut Association of Realtors, CAR.
  • Member of the National Association of Realtors, NAR.
  • Member of the Darien MLS, Greenwich MLS & Greater Fairfield County, Ct MLS.
  • NAR Green designee.
  • David Popoff is an accredited LEED Accredited Professional (LEED AP) Homes and USGBC member of the Connecticut chapter (CTGBC).  
  • Associate member and an accredited Certified Green Professional (CGP) of National Association of Home Builders (NAHB) and the local chapter HBRA-Fairfield County, Ct. .
  • Contact David Popoff for all your real estate needs in lower Fairfield County, Connecticut.

 

 

Posted by

David Popoff
Connecticut Licensed Real Estate Broker
Realtor® Green
Seller Representative Specialist
Accredited Buyer Representative
candidate
LEED AP Homes

 

DMK Real Estate, Darien, CT.
Cell (203) 228-0646
DMKrealestate.com

 

 

 

DMK Realty, 06820 

 

 

 

 

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Chris Smith 08/10/2011 12:33 PM
Topic:
Home Improvement
Location:
Connecticut Fairfield County Fairfield
Groups:
ECO ALL-STARS & GREENIES
Going Green!
GreenBuilders
Green in Connecticut
ActiveRain Contests

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Rainmaker
123,134
Bill MacBride
Ski-in/Ski-out, Luxury homes, Second Home Buyers - Mammoth Lakes, CA
Mammoth Lakes Resort Real Estate

HI David,

Informative post!

I got certified as an EcoBroker, years ago, and live in an area of California where the sun/wind are under-utilized.

People are making progress with retrofitting solar panels and building ecofriendly home features, but we still have a long way to go.

Homes that are ecofriendly should sell for more. Over the long run they're less expensive and less taxing on the local environment.

Have an outstanding 2011!

Bill MacBride

Mammoth Lakes, Ca.

Aug 10, 2011 07:19 AM #1
Rainmaker
753,738
David Popoff
DMK Real Estate - Darien, CT
Realtor®,SRS, Green ~ Fairfield County, Ct

Thanks Bill, common sense will prevail! Sometimes it is just hard to teach an old dog new tricks. We are heading in the right direction and the younger generation gets it.

Aug 10, 2011 07:46 AM #2
Rainmaker
579,384
Chris Smith
Re/Max Chay Realty Inc., Brokerage - New Tecumseth, ON
South Simcoe, Caledon, King, Orangeville Real Esta

David, this is great news.  Perhaps the general public is realizing that well designed sustainable housing will have lower operating costs and on top of helping Save Our Planet, will also save some money over time, especially as energy prices continue to climb!

Aug 10, 2011 12:28 PM #3
Rainmaker
753,738
David Popoff
DMK Real Estate - Darien, CT
Realtor®,SRS, Green ~ Fairfield County, Ct

Yes Chris, lower operating costs, lower maintenance costs and healthier indoor environment to live in.

Aug 11, 2011 01:11 AM #4
Ambassador
2,067,741
Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional
Charles Rutenberg Realty - Palm Harbor, FL
Palm Harbor, Dunedin, Clearwater, Safety Harbor

GREEN is indeed the future and that will be the next designation that I am going to work on! Great post!

Aug 11, 2011 02:02 AM #5
Rainer
14,391
Caroline A. Edwards
The Law Offices of Caroline Achey Edwards - Newtown, PA

Hi, David -

 

This is a very interesting post. While many people view green buildings as more expensive, your post shows that there are numerous benefits that may not show up when you just look at a purchase price.  Your post will help people become more knowledgeable about the true value associated with green building. 

Aug 11, 2011 03:06 AM #6
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Peter Pfann @ Fair Realty Victoria, BC, Canada. Pfanntastic Properties in Victoria, Since 1986.
Fair Realty, Victoria BC www.pfanntastic.com - Victoria, BC
Talk To or Text Peter 250-213-9490

HI David,

Excellent information and certainly showing that Being Green Thinking is good not just for a real estate recovery but also good to bank some extra green....;)

Aug 11, 2011 04:33 AM #7
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Dagny Eason
Dagny's Real Estate - Wilton, CT
Fairfield County CT, CDPE Homes For Sale and Condo

David - excellent post!   Hopefully, when the economy turns around a little, and folks are out of survival only mode, more of these Green innovations will be brought into play....

Aug 11, 2011 05:59 AM #8
Rainmaker
1,024,642
Kathy Clulow
RE/MAX All-Stars Realty Inc. Brokerage - Uxbridge, ON
Trusted For Experience - Respected For Results

David - I would certainly pay more for a green home ..... you may pay more upfront but as utility cost continue to rise in the long run you will come out a winner and so will the planet.

Aug 11, 2011 06:06 AM #9
Rainmaker
753,738
David Popoff
DMK Real Estate - Darien, CT
Realtor®,SRS, Green ~ Fairfield County, Ct

Thanks for all the comments, YES, Green saves money and natural resources over time. I just put some LED bulbs in myself which will save an average of $150 over its life time with electric at 12 cents/kwh.

Aug 11, 2011 07:18 AM #10
Rainmaker
865,397
Gail Robinson
William Raveis Real Estate - Southport, CT
CRS, GRI, e-PRO Fairfield County, CT

David - Too few buyers look at the true costs of homeownership, they just focus on the sale price.  Some homes are much less expensive to maintain, heat and cool than others.  When people realize green is good for their pocketbook and not just the environment, green homes will become a stronger trend and provide greater resale value.

Aug 14, 2011 03:46 AM #11
Rainmaker
753,738
David Popoff
DMK Real Estate - Darien, CT
Realtor®,SRS, Green ~ Fairfield County, Ct

Gail, this is why we professional real estate agents to educate and inform home owners and future homeowners.

Aug 14, 2011 04:35 AM #12
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. 4Terra Land Brokers .. 828-776-0779 Asheville NC
REAL ESTATE RESOURCES & NETWORK - Asheville, NC
What's Most Important to YOU? Call(828)-776-0779

Hi David~

 

I'm Featuring this post in the Eco-All-Stars Group! Great info...THX for sharing!

Aug 24, 2011 03:36 AM #13
Rainmaker
753,738
David Popoff
DMK Real Estate - Darien, CT
Realtor®,SRS, Green ~ Fairfield County, Ct

JaneAnne, that is so cool, thank you. We will be doing a NAR Green booth at LIVE GREEN CT! this September 17 & 18, 2011.

Aug 24, 2011 06:32 AM #14
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Rainmaker
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David Popoff

Realtor®,SRS, Green ~ Fairfield County, Ct
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