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May 25, 2016
Super Green, Super Expensive


(SANTA CLARA, CA) How green do you want to go? Turns out that going a little green (think low-voltage lighting, bamboo floors, and dual pane windows) doesn’t affect a home’s price much, but the higher up the scale you go the price can skyrocket. Especially if you don’t want to sacrifice luxury. Looking for a home with Energy Star appliance, solar panels, and smart thermostats? Expect to shell out quite a few more greenbacks. Financial Review reports, based on data from Realter.com, that the median premium for LEED-certifed homes will run you a whopping 50 percent more. "Affluent buyers do not want eco at the expense of luxury, but if you can put them together, they'll pay a premium," says Gregg Lynn, a realtor with Sotheby's International Realty. Lynn says the homes he sells are like Teslas: His clients buy them as much for their design as for their environmental attributes. They wouldn't buy a Prius or the real estate equivalent of one. Click the link below for a look at some of the luxurious homes around the country that have gone super green.

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