Yes, there are specific regions where energy-efficient homes tend to sell for more due to higher demand and appreciation for their benefits. Here are some examples:
- Austin-Round Rock, TX: ENERGY STAR certified homes sold from 2009-2016 had an average price premium of 6%.
- Oregon, Idaho, and Washington: A 2015 study found price premiums for ENERGY STAR and other certified energy-efficient homes of up to 8%.
- Riverside, California, and the Inland Empire; San Antonio, Texas; Cincinnati, Ohio; Seattle, Washington; and Alexandria, Virginia: These cities are among the top for adopting energy-efficient HVAC systems, which can increase home value.
- California: A study showed a 2.1% average sales premium for certified homes in California. Additionally, energy-efficient homes in California are built to use significantly less energy compared to similar homes.
- Maryland: ENERGY STAR certified homes sold from 2012-2015 had a 2-5% sales price premium.
These regions often have higher awareness of energy efficiency benefits, leading to greater demand and potentially higher resale values for energy-efficient homes.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/are-there-specific-regions-where-energy-efficient-homes-sell-for-more/
