2013 Green Homes Trends Grows to $36 Billion and Predicted to Double.
McGraw Hill Construction (MHC) just released findings from a new Green Home Builders and Remodelers Study showing that Green homes comprised 23 percent of the overall residential construction market in 2013 which is equal to $36 Billion market opportunity. MHC estimates that the green market share will grow to between 26 percent and 33 percent by 2016 which is more than double of today’s market of $36 Billion to $83-$105 billion in 2016.
68% of builders and 84% of remodelers report that home owners are willing to pay more for green construction with an average of 3% for new green homes and 5% for green remodeling projects.
Builder’s involvement in Green Building Activity has almost doubled from 2011 to 2013 with:-
- 16% of builders building more than 90% green projects in 2013.
- 66% of builders involved in green projects in 2013.
A second consumer survey by Guild Quality along with the National Association of Builders shows satisfaction and the value of sustainable building practices with owners of green homes:
- 94% of homeowners would recommend a green home
- 92% would purchase another green home
- 71% believe that green homes overall are of higher quality
The green features that are most valued by the consumer are:
- Low utility bills.
- Energy efficiency.
- Heating & Cooling.
Builders and Contractors should affiliate themselves with trained Realtor in the field of energy efficiency and sustainable practices to help sell their Green Homes. The National Association of Realtors has trained GREEN Home Consultant/Realtor who can easily be found at the Green Resource Council website.
In Fairfield County, Connecticut DMK Real Estate & Property Management has over 25 years’ experience in residential construction and is a National Association Realtor GREEN designee specializing in selling green homes and a sustainable lifestyle.
DMK Realty is professionally trained to sell green homes and is:
- Accredited LEED AP Homes professional by USGBC.
- NAHB Certified Green Professional, CGP.
- G/PRO CM certified by USGBC New York.
- Energy Star Partner.
- EverGreen 2012 recipient by the Green Resource Council.
DMK Realty is serving Greenwich, Stamford, Darien, Rowayton, Norwalk, Westport, Wilton and New Canaan.
For more information on Connecticut Green Homes and a sustainable lifestyle contact David Popoff at DMK Real Estate
This article has been written by David Popoff.
David Popoff | Broker
Direct Line: 203-228-0646
DMK Real Estate is a full service license Connecticut Real Estate Broker firm that serves lower Fairfield County. With lower overhead costs DMK Realty can fulfill buyers and sellers needs locally and on the internet at lower costs compared to the larger national brands.