Portland-area green homes fetch higher prices


Portland-area homes with green credentials fetch an average of 30% higher prices than non-certified homes.

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Portland-area homes with green credentials fetch an average of 30% higher prices than non-certified homes.

Earth Advantage Institute, a green building nonprofit, announced the results of its annual certified home analysis for the Portland metro region.

The report found that better sales prices were nabbed by both new homes and existing homes with certification of sustainability measures such as energy efficiency and green building materials. The certifications included in the report were either from Earth Advantage, the federal governments Energy Star program and LEED home designations from the U.S. Green Building Council.

In Multnomah County, existing homes with green certification received a whopping premium of 61 percent over the average price of non-certified homes. In Clackamas County, green-certified new homes fetched an average price premium of 23 percent.

Read more at Sustainable Business Oregon.

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