It's easy being green...but is it profitable?
Finally...the answer is yes!
It feels good to be green, to reduce your carbon footprint. But, does it make you money?
Many people are turning their houses into energy-efficient homes. The question is, will they get the money they spend to convert their homes back? According to an article in the LA Times, the answer is yes.
A study was done involving California homes sold between 2007 and 2012. All of these homes were given the green-certified label. On average, these homes sold for 9% more than similar homes that were not green-certified. In addition, in areas where there was a higher concentration of hybrid vehicle registrations, more people were willing to pay a premium for a green-certified home.
When deciding if you are going to convert your home to a green-certified home, consider the costs involved versus the benefits. Don’t just think about the possible future financial gain but also the reduced energy use you will have.
It is great to see that it pays to be green!
Bryan & Allison Devore
Prudential California Realty
North San Diego County and Carlsbad Real Estate
Blog Archive2017-04-21 06:42:10
Why are renters staying put?
Homeowner Value Estimates vs. Appraisals
San Diego 8th Hottest Real Estate Market
8 Questions to Ask When Deciding to Rent or Buy
San Diego rent prices vs. home prices
Preparing Your Budget for Buying Your First Home
San Diego home prices dip in February
County Housing Patterns Shifting
Where millennials want to live might surprise you
Misleading Math Behind the Rent vs Buy Calculation
Older Americans Face Challenges Aging in Place
Moving Less in U.S.: American Dream Takes a Hit
Millennials, Housing, and the American Dream
20 Hottest Markets for U.S. Real Estate in January
January, February Prime Months to Purchase a Home
Home Buyer Challenges for 2017
Nation's Priciest House: $250M
Are local housing's price gains real?
Housing Outlook 2017: Eight Predictions
Trump Win Could Usher in Boom for U.S. Housing
Is the Starter Home Coming Back?
Interest rate increased, where will consumers feel
Step Aside HAMP, There's a New Kid in Town
Marketwatch Report November 2016
FHA Loan Limits To Rise in 2017
Click here to see ALL articles.