Tag Archives: Green Homes Sell for Higher Values

Green homes can net higher sales prices, according to a new study conducted by the University of California. Researchers analyzed 1.6 million home sales from 2007 to 2012 and found that green-certified, single-family homes sold for $34,800 more — or 9 percent more — than comparable non-green-certified homes in California. In California, cities that also had the most electric vehicles and most eco-conscious, the sales price of  homes with eco-friendly construction was even higher. “We observed a phenomenon we’ve termed the ‘Prius effect’ — a positive correlation between the value […]