Posts Tagged ‘savings’

Nation’s Largest Publicly Traded Builders Adopting Green led by Energy Efficiency

Monday, April 4th, 2011

What are some of the indicators that real estate professionals and appraisers use to gauge the average buyer’s sentiment to green and energy efficiency?  When green and energy efficient building practices are adopted by the nation’s big-builders.

According to a survey “A Green Recovery for America’s Homebuilders?” released December 2010 by Calvert Investments, builders who embrace green-construction objectives, such as energy efficiency and water conservation, will have a leg up as the housing market tries to find its footing.
 
The survey focused on the 10 largest publicly traded homebuilders and the degree to which they’ve integrated sustainability into their practices and products, and follows-up a similar Calvert survey conducted two years ago. The 2010 survey covers five principal areas: land, building materials, energy, water, and climate change.

The green initiatives that builders, led by KB Home and Pulte, tend to pursue most vigorously are driven by their potential to reduce operating costs and their financial benefit to customers.  The survey report noted that companies are most active “in programs that will increase the energy efficiency of the homes they build.  That finding is in line with a J.D. Power survey, cited by Meritage Homes on its website and noted in the Calvert report, that, among homeowners who have purchased a “green” home, 94% reported they purchased the home because of the savings they would see on energy bills” (taken directly from the Fine Homebuilding Blog by Richard Defendorf).

New Survey Indicates Green Features as a Priority

Wednesday, September 29th, 2010

A recent survey of homebuyers registered on www.ZipRealty.com revealed that 55 percent of survey respondents rated a home’s green features a “somewhat important” or “very important” part of their home hunt.

Other highlights from the survey include:
•Homebuyers who view green features as a priority ranked them important because they helped save money (49 percent), as well as allowed them to do their part to help the environment (40 percent).
•Other reasons homebuyers valued green features included occupant/family health (37 percent), tax credit availability (12 percent) and the home’s resale value (15 percent).
•Although homebuyers overwhelmingly rated energy efficiency the most important green feature in a home (89 percent), an additional survey conducted by the brokerage of MLS-listed homes across the 35 markets nationwide ZipRealty serves found that less than one percent of homes on the market included the term in their description of the home.

See Aug 18th BuildingOnline news service for full story.