Then there is the buyer who is environmentally driven in their opinion of whether a house is truly green. They would prefer that it is cost effective and environmentally responsible from the way the construction site was handled to the workmanship and choice of materials. One neighborhood touted as the nations first NAHB (National Association of Home Builders), green certified neighborhood goes so far as to be "recognized for its overall design and for its efforts to protect environmentally sensitive areas, preserve existing vegetation and use low-impact development stormwater management techniques", some buyers consider this as living truly green, including the neighborhood they live in!! Others may not, it depends on how green they want to go.
More valuable, absolutely, as buyers understand that going green in lifestyle extends to the home they purchase.
With green homes however there is another level to value based on factors like less drafty homes, fewer chemicals in the air, using recycled materials and buying a home that has less of a footprint on the earth. These are a bit harder to put a monetary value on. While there may not be a financial repayment, more and more buyers are willing to put their money where their mouth is to â€œdo the right thing.â€
One of the green attributes that add value is the R factor to the structure, including windows; high efficiency boilers and furnaces is another valuable attribute. When it comes to solar, the location and direction a structure faces is another attribute; pitched roofs that face south are more valuable than roofs that face east, west, or north; flat roofs make no difference in value relative to sunshine exposure. Sun obstructions are another factor, roofs with shading from trees or other structures are less desirable/valuable than roofs that receive sunshine from sunup to sundown.
In real estate investment acquisition and sale green factors are relevant to the properties value, without doubt. As each day passes with sunrises and sunsets America is more aware to the difference in the value between a green property and a property that is not green. Properties with potential to go green are more valuable than properties that cannot. Green is an excellent investment, not only for the environment, but for the monetary return on the investment.