Green homes easier to sell last year, say US builders
The finding was taken from the Green Home Builders and Remodelers Study, which was carried out by consultancy McGraw Hill Construction, according to sourceable.net. It found that 51 per cent of builders and remodelers from the US said eco-friendly homes were easier to sell than normal properties, compared to 46 per cent in 2012.
Popularity of green buildings is set to rise even further
According to the builders, these green homes are easier to sell because they are sustainable, more efficient and offer bigger profit margins. They also claimed that many homeowners are now willing to pay a premium on their property to make it sustainable.
Experts who carried out the research expect that the popularity of green buildings is only set rise even further as more become educated about the benefits of eco-friendly properties. Many governments are also bringing in regulations and guidance which is supporting the green property trend.
Green building market will be worth $105 billion by 2016
According to McGraw Hill Construction, the total residential construction value of the green building market will be worth $105 billion by 2016.
Results from the study were revealed at the National Association of Home Builders (NAHB) annual conference held in Las Vegas, according to mnn.com.
Author: Samantha Bartlett Date Written: 11 February 2014