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THE EFFECTS OF GREEN FEATURES ON HOUSE VALUES TODAY
Green building energy efficiency features are on the rise. More homebuyers are elevating the value of these amenities to a preferred status. Some see the hand writing on the wall in regard to water, electricity, heating and cooling.
Others see green features in relation to a reduction of homeownership costs such
as a lower electricity bill each month. At any rate, homebuyers are seeing
more value in green house features being incorporated into the house they are building or which are present in an existing house being considered for purchase.
More cities hopefully will offer tax considerations as the green house effect takes root in the housing industry and the importance of various forms of energy conservation grow. Protecting the environment and lowering the cost of homeownership will be driving forces in bringing the above items to fruition.
Source: Dr. Harold D. Hunt/Skye
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