While green home certification?isn?t exactly all the rage?in the northern suburbs of New York City, a new study titled ?Value of Green Labels in the California Housing Market??has found that homes in California branded with?LEED, EnergyStar, or GreenPoint Rated labels are significantly more valuable on the re-sale market than properties lacking third-party green certification. In fact, study co-authors Nils Kok of UC-Berkeley and Matthew E. Kahn of UCLA concluded that green labeling adds a price premium of $34,800 ? ?or roughly 9 percent ??to the typical, on-the-market California home valued at $400,000. So yes, green label weary California homeowners: investing in energy-efficient HVAC systems, extra insulation, improved indoor air quality, and dual-flush toilets will garner you a decent amount of extra green if you do eventually decided to sell.
Source: http://leeddaily.com/?p=13336
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