Now to the "details" in terms of working that market niche: Market Statistics and Research.
I spent some serious time earlier this week crunching stats on our MLS. I use our MLS and other resources to get the facts. Just so you know, our MLS here in the Greater Asheville area is set up so that real estate professionals with particular niche market interests can accomplish some good research. Not sure if your MLS works this way? But it sure helps!
My niche (as most of you know) is the sustainable, "green" niche...So I focus, as do all the "Green Buyers' Brokers" on our team on energy efficient buildings, and acreages sought after in the happy process of eco design and development, for eco-communities, perhaps.
I can find out how many residential properties with EnergyStar® ratings currently are on the market....how many sold this year as compared to last year. I can find out how many HealthyBuilt® are available. By the way, these homes are comparable (and some say go beyond LEED certified.)
Want to find out for yourself? Look at this CHECKLIST. http://healthybuilthomes.org/docs/HBH_Statewide_Checklist.pdf
By checking the statistics, I can determine if there really is this a trend in the demand for green-built homes. That's what I suppose. That's what I expect. But is the consumer trend toward sustainable choices and consumer demand REAL? Let's see . . .
According to the NC HealthyBuilt Home Program:
NC HealthyBuilt Homes is supported by the North Carolina Solar Center, the State Energy Office, Home Builder Associations, and other professional building organizations. The WNC Green Building Council(WNCGBC) and the Asheville Home Builder Association(AHBA) offer the NC HealthyBuilt Homes Program to builders in the Greater Asheville Area.
Our Greater Ashevillearea MLS shows that there are currently 68 such homes available. These certified green-built homes range from affordable (at $135,000) to luxury($3,250,000.) More about the range later. Look for this continuing series. In the $200-600K range (residential) there are 17 Energy Star ® rated homes on the market this month... In the $500K to $900K range there are 14 Energy Star ® rated homes on the market this month...
I talked with a 71-year old "baby boomer" green buyer the other day, a tiny, white-haired, Dresden Doll of a Lady who actually told me... janeAnne I just have to have "...a healthier, safer, more comfortable, sustainable, energy efficient, and environmentally-responsible home..." Should we chalk her choices toward sustainability up to the "wisdom of the elders"?...
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Curious about sustainable Green real estate possibilities ? Simply pedal on over to Convivial Blogger Greenolina's "Green Wheels" BLOG and SUBSCRIBE
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(*)/'(*) .......... ............to keep on rolling into the sustainable world you can create today and tomorrow!. ......................... .............
Viability: Resources and Stats & the Market Niche (Part III). .The Eco-Steward Firm, ALL Eco-Certified® Real Estate Consultants! Copyright © 2009 All Rights Reserved
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Should we chalk her choices toward sustainability up to the "wisdom of the elders"?...