Going green means higher prices for your home

The city council has set an ambitious path to reducing greenhouse gas (GHG) emission. The first target is to reduce community GHG emissions 33 per cent below current levels by 2020. The second target is to have all new construction GHG neutral by 2030

Statistics show that green homes built in Seattle since 2007 make up a third of the new home market, sell for almost 10 percent more than conventional homes and are on the market 24 per cent less time. It’s estimated that they cost about two per cent more to build so that’s a healthy premium.

While new green homes will have all the latest bells and whistles in terms of green housing, you can increase the value of any home with fairly low cost green upgrades.

To read the rest of the article, including low cost upgrades, click the link below:
The Vancouver Courier, June 2, 2011