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Green Improvements Make Dollars and Sense

In a recent study done by Royal LePage, almost three quarters of Canadians said that they will look for a green-improved property in their next home purchase. 63% said that they would be willing to pay more for that property. 

Just south of the border in Seattle, e-certified homes built in 2007 or later made up 33 percent of the new home market, sold for a 9.1 percent premium per square foot and were on the market 24 percent less time. 

From November 2009 through January 2010, non-certified homes continued to decrease in value as certified homes increased, with green homes carrying a $92,175 price premium in spite of being 12.3 percent smaller. Third party verified homes, such as LEED or Built Green, sold for 23.5 percent more per square foot.

These statistics are solid evidence that buyers are willing to pay premium prices for homes with green improvements.

Stay tuned to find out how to make your home more attractive to buyers concerned about their health and the environment...

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