How much more will a LEED Platinum home sell for as compared to a similar size traditional home?

Question

How much more will a LEED Platinum home sell for as compared to a similar size traditional home?

Asked by Tom Trojnar

I am a RE appraiser in NM & am appraising a LEED Platinum home. I have no "comps" in my market. Are there market return studies to help show what kind of percentage or $ premium a buyer might pay for green features?

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Answers

Erik Heuler's picture

Tom,

Earlier this month a study from UCLA was published addressing this question. They found that buyers are willing to pay roughly 10% more for a certified green home with all other factors equal.

You can read the study at the UCLA Institute of the Environment and Sustainability website here.

For more information:

You can read more about the LEED for Homes program here on GreenHomeGuide.