If a tree falls in the woods and no one is there to hear it, does it make a sound?

One trend I will be both tracking and trying to advance in 2013 is an index of high-performance homes.  To date, the trade groups that have a count know their own count.  And many other programs and groups either don't have a count, or they just don't have enough to measure up yet.

Real estate is a lagging industry.  We don't predict or influence trends. Rather we reflect what happened in the past.  Whether it is an appraisal, listing price recommendation or updating advice - we always react to what sold last month, and to movement in an overall sub-segment.

If the pie gets cut too many ways, a sub-segment doesn't exist!  And until we can see and compare movement in pricing, market times and volume we have nothing to work with.

There's progress.  The DOE's Better Buildings Neighborhood Program is all about tracking and metrics.  USGBC recently released their Green Building Information Gateway (GBIG) and NHAB Research Center has a green home counter on their website.

But what the high-performance industry needs more than anything else in 2013 is a way to  track the whole pie, by MLS service area (roughly the same as a metro statistical area).  And not how many Home Performance with Energy Star homes in that area. Or LEED homes. But all the homes regardless of which program.

For example, when I looked at MLS data in my home area of Chicago I found that 20% of new homes build in 2012 had some sort of high-performance third-party verification.  (More on this coming soon.)  Twenty percent!  That's huge because there was little fanfare when MLS fields were rolled out, huge because this is all before our new energy-efficiency building codes kicked in on January 1 and huge because 20% represents a significant milestone in the type of data that is accessible for appraisals.

Now, how can we work together to make a sound?

Reprinted with permission from NotYetGreen. See original articleonline. 

Views: 26

Tags: appraisals, high-performance, homes, impact, index, market, transaction, transformation, trends, valuation

Comment

You need to be a member of Home Energy Pros to add comments!

Join Home Energy Pros

Home Energy Pros

Home Energy Pros was founded by the developers of Home Energy Saver Pro (sponsored by the U.S. Department of Energy,) and brought to you in partnership with Home Energy magazine.  Home Energy Pros is sponsored by the Better Buildings Residential Network.

Latest Activity

William H Nickerson replied to Kim Tanner's discussion Fantastic innovation
"So that's where you use those True Flow plates....."
16 minutes ago
Colin Genge updated an event
Thumbnail

Passive House Testing Webinar with Kevin Brennan of the Passive House Academy at Online

September 29, 2015 from 1pm to 2pm
Tests needed to qualify as a passive houseWhy we’re seeing an increase in PH buildingsBest…See More
7 hours ago
Colin Genge updated an event
Thumbnail

DM32 Smart Gauge 101 Webinar at Online

September 22, 2015 from 1pm to 2pm
Webinar Learning Objectives:Gauge settings and operationCalculate results in the gaugeUpdate the…See More
7 hours ago
Colin Genge updated an event
Thumbnail

Blower Door 101 Webinar at Online

September 15, 2015 from 1pm to 2pm
See how easy it is to do your first test. Learn tips to perform your first duct test in only twenty…See More
7 hours ago
Colin Genge updated an event
Thumbnail

Zone Pressure Diagnostics (ZPD) with Bill Eckman of NME$A Webinar at Online

September 10, 2015 from 1pm to 2pm
Benefits and limitations of Zonal Pressure Diagnostics (ZPD).Best practices for accurate…See More
7 hours ago
Colin Genge updated an event
Thumbnail

Problem Solving- Air Tightness Tests of Large Buildings Webinar at Online

September 1, 2015 from 1pm to 2pm
Effect of Stack Pressure during airtightness tests in tall buildings-caluculating the effectsHow…See More
7 hours ago
Kim Tanner posted a discussion

Fantastic innovation

What an awesome example of fantastic innovation!Check out the TrueFlow Capture Box CEE made!…See More
8 hours ago
Amina Lang posted events
8 hours ago

© 2015   Created by Lawrence Berkeley National Laboratory.

Badges  |  Report an Issue  |  Terms of Service