Question
How much more will a LEED Platinum home sell for as compared to a similar size traditional home?
I am a RE appraiser in NM & am appraising a LEED Platinum home. I have no "comps" in my market. Are there market return studies to help show what kind of percentage or $ premium a buyer might pay for green features?
Answer
Tom,
Earlier this month a study from UCLA was published addressing this question. They found that buyers are willing to pay roughly 10% more for a certified green home with all other factors equal.
You can read the study at the UCLA Institute of the Environment and Sustainability website here.
For more information:
You can read more about the LEED for Homes program here on GreenHomeGuide.