LEED Currency

A Weighting Game: Rewards for LEED Credits That Matter Most

Every point on LEED’s scale, brings a building to higher levels of achievement, market recognition and often financial rewards—so, USGBC has a serious responsibility to make those points meaningful.

To put it another way, LEED points are the currency of LEED.

Does this currency value matter?

Value: Green Homes are Dream Homes

Researchers found that between 2007 – early 2012, the value of homes in California with a green certification label was an average of 9% higher than comparable, non-certified homes5.

LEED certification is near the top of the list in a ranking of individual attributes of apartment rentals, second only to placement near a central business district, according to a CoStar Group, Inc. analysis.

Consumers ranked green/energy efficiency as their top requirement for their dream homes

60% said that green and energy efficient are amenities they want in their next home

A 2008 study conducted by McGraw-Hill Construction and USGBC found that the mean price of green homes purchased by survey respondents was $296,000; the median was $239,000

Green homes can be built for the same cost as — and even less than — conventional homes.

Sometimes there are upfront costs which on average are 2.4% and can be quickly recouped with the homeowners saving money for the rest of the home’s lifespan

Green homes have a higher resale value and are on the market for less time than comparable conventional homes. The Earth Advantage Study in 2011 found that, on average, green-certified new homes sold for 8% more than non-certified green homes. Resales of existing green homes sold for an average of 30% more than conventional homes.

 

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