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July 2, 2008

Research suggests sales advantage for green-certified homes in county

By KATIE ZEMTSEFF
Journal Staff Reporter

A year ago, the Northwest Multiple Listing Service added green design search features to its property listing database. Over that year, green homes in King County have sold quicker and for a higher value, according to research done by GreenWorks Realty.

GreenWorks looked at new homes that were sold on the NWMLS between September of 2007 and May of 2008. It found “environmentally certified” single-family homes sold in 18 percent less time and for 4 percent more than standard houses. They were 25 percent smaller than non-certified homes. Per square foot, green homes were 37 percent more valuable.


 
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