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Resale Value
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Prove to us that enhanced home energy performance translates into enhanced resale value!
Members: 38
Latest Activity: Mar 5
Discussion Forum
Where does the circle of participation begin? Realtors, Appraisers, Builders??? 5 Replies
In this group titled "Resale Value" we are all tasked to "demonstrate that enhanced home energy performance translates into enhanced resale value!"Even though most of us understand that the increased…Continue
Started by Jamie Kaye. Last reply by tedkidd Jul 21, 2011.
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Comment
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Comment by Debra Little on February 2, 2011 at 6:37pm -
The verifiable proof of an EE home is its utility bills. How many Btu or kWh does this house use? I agree that if a home has a green certification (LEED, BIG, EarthAdvantage…) it is useful data to provide to an appraiser as information that can direct them in their due diligence research as to what features are really contributing value to this property. I don't advocate a 'box' in the 1004 form (appraisal form for most/typical residential properties) to site any certification, or any points based or model based scoring system - until we have more reliable data. Today, a green certification does NOT guarantee an energy efficient home. Although the general buying public may demonstrate their value in EE by buying a “Green” cert home, they may not actually get what they thought they were paying for. A box or place for a 'label' could easily be misleading. Beyond EE features I see there to indeed be value in other green elements that appraisers need to recognize; durability, water conservation, indoor air quality. Other parts of the 'valuation of green' story.
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Comment by Laura Reedy Stukel on February 2, 2011 at 11:02am -
Glad to find this group - and friends like Rick Williams here already! Here's a recent blog post I wrote that's related to the topic. I look forward to furthering the conversation. http://www.notyetgreen.com/?p=1109
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Comment by Evan Mills on January 4, 2011 at 11:18pm -
New study from England
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Comment by Rick Williams on January 4, 2011 at 12:59pm -
What is the best way to show increased home value with energy upgrades? Rick Nevins, 20 x every dollar saved is dated from 1998. What are the metrics for demonstrating the NPV% as with HERS? Can we pull the same data from a BPI audit?
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Comment by Evan Mills on December 14, 2010 at 2:14am
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More from Jamie here.
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Comment by Evan Mills on December 8, 2010 at 12:05am
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