Home Shoppers Value Energy Efficiency

Home Shoppers Value Energy Efficiency

Homes with energy-efficient and environmentally- friendly features are more important to prospective buyers than other features, according to the NATIONAL ASSOCIATION OF REALTORS® (NAR) 2012 Profile of Home Buyers and Sellers. Nine out of 10 recent home buyers say that heating and cooling costs were somewhat or very important when considering a home for purchase. Nearly four out of 10 buyers say a home’s heating and cooling costs were very important when shopping for a home, followed by energy-efficient appliances and lighting, each at 24 percent.

Buyers in the North and South regions of the country placed a greater importance on heating and cooling costs, most likely due to more extreme temperatures in those areas. Also nearly 60 percent of buyers who purchased homes built in 2011 said HVAC costs were very important, compared to less than 30 percent of owners whose homes were built before 1910.

“Going green has proven to be more than a trend; many people now seek out this way of living and want homes and communities that are more resource efficient and sensitive to the environment,” says 2013 NAR President Gary Thomas. “As energy savings and green building features are becoming more important to buyers, sellers and businesses, it comes as no surprise that consumers are placing a higher value on properties with those features.”

CRS Your Home Newsletter, December 2013

Tammy Fadler