Southern California environment news and trends

Green-certified homes sell for more in California

Mercer 13257

Wayne National Forest/Flickr

A new study by researchers at UCLA and UC Berkeley has found that having an environmentally friendly home in California can increase the sale price by about 9 percent.

The researchers analyzed data on 1.6 million single-family homes sold between 2007 and 2012, with approximately 4300 of them being certified by Energy Star, LEEDS for Homes or GreenPoint Rated. Based on an average selling price of $400,000, the study found that green certified homes sold for about $34,800 more than the rest.

“In certain regions of the state, we observed a phenomenon we’ve termed the ‘Prius effect’ — a positive correlation between the value of green home labels and environmental ideology, as measured by the rate of hybrid registrations,” said researcher Nils Kok in a statement. “In communities with strong environmental values, residents may see green homes as a point of pride or status symbol… It appears that a hotter local climate also provides a practical reason to value green homes. With both ideological and pragmatic reasons to go green, it’s no surprise that the popularity of these labels is rising.”

Read More...

LA County offering $2000 for green home upgrades

Mercer 13257

Wayne National Forest/Flickr

To commemorate 10,000 homes in California environmentally efficient enough to earn the GreenPoint Rated label, Energy Upgrade California is offering L.A. County residents up to $2,000 in rebates to bring their homes up to the same standard.

For a home to qualify for a GreenPoint Rated label, it has to meet requirements across five categories: energy efficiency, resource conservation, indoor air quality, water conservation and livable community benefits, such as bike accessibility. There is an additional $8,000 in rebates available for extensive and often high-cost energy efficiency upgrades like insulation and duct sealing.

“A green home is good for the planet, healthier for you and your family -- and now, with these new rebates, getting the label that proves your home is green is basically free,” said Howard Choy, GM of the County Office of Sustainability in a press release. “We hope these rebates will encourage more Los Angeles homeowners to consider going green.”

Read More...