US GreenBrokers

The LA Times reported on a study of energy-efficient homes conducted by two University professors from 2007 to early 2012.  Matthew E. Kahn of UCLA and Nils Kok of Maastricht University in the Netherlands, used a real estate transaction base of 1.6 million homes in California to conduct a study on the value of green homes and whether there was a premium in the sale of that home due to green features.  Of the homes in the study 4,321 sold with EnergyStar, LEED or GreenPoint rating.  When analyzed with other similar homes that sold during that time, but without energy-efficient upgrades a 9% premium was noted for the energy-efficient homes.

Curiously they did not find a correlation between areas with higher utility costs and a premium for green homes but they did find what they called the “Prius Effect”.  Areas that had more registered hybrid cars had a higher percentage of…

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