flexiblefullpage - default
Currently Reading

Eco-Friendly Features Can Speed Along Home Sales and Boost Value

Advertisement
billboard - default
Environmental

Eco-Friendly Features Can Speed Along Home Sales and Boost Value

Demand for climate-conscious home features is growing in the wake of destructive and widespread weather emergencies


April 18, 2022
Home car charger
Image: Stock.adobe.com

Homes equipped with eco-friendly features can sell at a much faster rate and for a much higher price than similar homes on the market without sustainable amenities, Zillow reports. Homes with charging stations for electric vehicles and drought-resistant landscaping can sell over nine days faster than other homes, while protective features like hurricane shutters or stilts can help homes sell for 2.4% more than expected.

As the consequences of climate change become more severe across the globe, homebuyers are taking climate emergencies and regional weather patterns into account when making home purchase decisions. As a result, competition for weather-resistant and energy efficient homes is growing nationwide, particularly in high-risk areas like coastal states and wildfire hotspots.

Listings that mention hurricane or storm shutters can sell for 1.4% more than similar homes. Homes on stilts or piers, built to defend against flooding, can sell for 1.1% more. Homes that have undergone seismic retrofitting to make them more resistant to earthquakes can sell 19 days faster than similar homes, the largest days-on-market boost of all the features studied. Storm or tornado shelters contribute to a home selling about a day faster than expected. 

Features that reduce monthly energy bills can help a home sell faster and, sometimes, for more money. Homes with listing descriptions that mention double-pane windows can sell a week faster than similar homes and for 1% more than expected. Homes with solar panels can sell for 1.4% more.

Read more

Advertisement
leaderboard2 - default

Related Stories

Business Management

WOTUS Rulings Cause Confusion for Home Builders

NAHB Housing Policy Briefing: Lack of clarity for land developers and builders regarding waters of the United States; construction labor market update

Energy Efficiency

Climate Change's Role in Enhancing Building Efficiency

New building regulations push for increased resilience and energy efficiency amid a worsening climate crisis

Manufacturers + Suppliers

Simpson Strong-Tie Aids Recovery From Maui Wildfires

Simpson Strong-Tie is supporting the American Red Cross in its disaster relief efforts on Maui with a $100,000 donation 

Advertisement
boombox1 -
Advertisement
native1 - default
halfpage2 -

More in Category

Delaware-based Schell Brothers, our 2023 Builder of the Year, brings a refreshing approach to delivering homes and measuring success with an overriding mission of happiness

NAHB Chairman's Message: In a challenging business environment for home builders, and with higher housing costs for families, the National Association of Home Builders is working to help home builders better meet the nation's housing needs

Sure there are challenges, but overall, Pro Builder's annual Housing Forecast Survey finds home builders are optimistic about the coming year

Advertisement
native2 - default
Advertisement
halfpage1 -

Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.


Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Subscribe
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.