Green Homes Sell for More

Page 1

Barney, Susan From:

Barney, Susan

Sent:

Friday, June 12, 2009 9:06 AM

To:

TTC King County Sales; TTC Pierce County Sales

Subject: Seattle PI: Certified green homes sell for more, report says Tracking:

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Seattle Real Estate News http://blog.seattlepi.nwsource.com/realestatenews/archives/170891.asp Certified green homes sell for more, report says Seattle-area homes certified by third parties as environmentally friendly sell for nearly 10 percent more than non-certified homes, according to a new report. The report, by Earth Advantage Institute, looked at 68 Seattle-area homes and 92 Portland-area homes certified through such programs as Earth Advantage, Energy Star, Built Green and Leadership in Energy and Environmental Design. It compared each with two to seven comparable homes approved by an appraiser. The certified homes fetched 9.7 percent more in the Seattle area and 3 to 5 percent more in Portland, Earth Advantage said in a news release. They also sold about 18 days faster in the Portland area. "This investigative research demonstrates the clear value of certified homes to homeowners and professionals in the home construction and sales industry," Sean Penrith, executive director of Earth Advantage Institute, said in the news release. "The results of this study will help us in our certification outreach efforts by supplying our constituents with specific data on the value of sustainable home standards." Posted by Aubrey Cohen at June 10, 2009 4:22 p.m.

7/1/2009


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