Homes by Vanderbuilt: Green Label Adds Value to a Home
A Study Out of California Indicates Energy Efficient, Green-Labeled Homes Lead to an Increase in Value; Homes by Vanderbuilt, a Leading Manufacturer of Prefabricated Homes, Commented on the Exciting Findings
(firmenpresse) - CHARLOTTE, NC -- (Marketwire) -- 10/11/12 -- An published in The Los Angeles Times shared research that indicated investing in energy-efficient upgrades can lead to increased resale values. In a statement to the press, prefabricated housing manufacturer Homes by Vanderbuilt noted the aggregate importance of energy-saving efforts.
University of California-Berkeley professor Nils Kok led the "Value of Green Labels in the California Housing Market" study with co-researcher Matthew Kahn of UCLA. The article reported the study indicated green improvements added up to 12 percent in value at the time of sale.
According to the article, the researchers analyzed data for 1.6 million single-family homes located in California which were sold between 2007 and 2012. Approximately 4,300 of the homes had green-label certifications. Researchers compared the green-labeled and non-green-labeled homes with similarities in age, size, amenities and location.
The benefit of making a home green-certified appears to outweigh the costs. In addition to increased sale values, owners of green-labeled homes enjoyed annual savings on energy bills equaling an average of approximately $700. The results of the study also concluded it cost approximately $10,000 to improve a home's energy efficiency by 35 percent.
commented: "Energy Star™ labels add value and huge savings. Every Homes by Vanderbuilt home is certified green and surpasses Energy Star™ ratings. Most power companies give lower rates, and many give cash rewards, for this certification."
To realize the increased values, homeowners are typically required to go through the processes set forth by Energy Star™, GreenPoint Rated or LEED for Homes. These organizations oversee programs that certify improvements.
The article noted the research study recorded an increase in certified-home prices more recently than five years ago. Taking into account all other factors, sale prices for green-labeled homes were relatively higher in 2012 than they were in 2007.
Typical enhancements included upgrading to water- and energy-efficient appliances. Homeowners were also found to have made regular improvements as well as adding insulation. It is believed individuals in the market to purchase a new green home value the secondary qualities, like improved air quality, also found in these houses.
ABOUT:
manufactures prefabricated modular and double wide houses. The organization provides the opportunity of homeownership to Americans living throughout North Carolina, as well as southern Virginia and northern South Carolina. The living spaces constructed by Homes by Vanderbuilt are built one section at a time and monitored closely by its quality control department. When the modules are complete, they are delivered to the property of the homeowner. Homes by Vanderbuilt is proud to provide an avenue to homeownership to its customers.
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Datum: 11.10.2012 - 04:00 Uhr
Sprache: Deutsch
News-ID 1159139
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