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Study Finds Green Homes in Texas Show Increase in Value by $25,000
The University of Texas at Austin and the United States Green Building Council conducted a new study that suggests new homes in Texas that are built to meet green building standards such as LEED (Leadership in energy and Environmental Design), are valued higher in resale by an average of $25,000 compared to conventional homes.
The study, “The Value of LEED Homes in the Texas real Estate market: A Statistical Analysis of resale Premiums for Green certification,” shows that homes that were built to LEED standards between the years 2008-2016 showed an 8 percent increase in value. As well as, homes built to a different range of green standards had a six percent increase in value.
To Learn More: http://www.rateitgreen.com/articles/study-finds-green-homes-in-texas-show-increase-in-value-by-25-000/78