SEATTLE–(BUSINESS WIRE)–With Earth Day just around the corner, today Redfin (www.redfin.com),
a full-service real estate brokerage, released a list of 10
neighborhoods across the U.S. with the largest number of green homes,
and a list of the top green neighborhoods within 20 major metropolitan
markets. To compile the list, Redfin data scientists searched through
homes for sale on Redfin.com
to find those with “green” features mentioned in the listing.
Green features include solar panels, low-flow faucets, dual-pane
windows, energy-efficient appliances, environmental ratings such as
ENERGY STAR® and LEED, which stands for Leadership in Energy and
Environmental Design, and green home building projects like “Built
Green” in Colorado or “Green
Built” in Washington. The ranking is based on the proportion of
“green” listings out of total listings in the neighborhood over the past
two years.
Here are the 10 neighborhoods with the largest number of green homes:
Ranking
Neighborhood
Metropolitan Area
% of Listings with Green Features
1
Valley View
Chicago, IL
39%
2
Mueller/RMMA
Austin, TX
39%
3
Carpenter Village
Raleigh, NC
37%
4
Downtown Bellevue
Seattle, WA
36%
5
Downtown Denver
Denver, CO
32%
6
Downtown Woodstock
Atlanta, GA
31%
7
Galindo
Austin, TX
30%
8
Columbia City
Seattle, WA
30%
9
Overlook
Portland, OR
26%
10
Briar Chapel
Raleigh, NC
26%
Austin, Raleigh and Seattle each had two neighborhoods on the top 10
list, showing just how prevalent eco-friendly homes are in those areas.
The analysis also revealed:
Green homes sell for more: Overall, the median sale price of
homes with green features was $47,600 higher than for homes without
green features.
Green homes aren’t always new homes: Many downtown areas have
newly constructed condo buildings that are LEED certified, which may
be why four downtown areas made the top 10 list. But while green homes
for sale are on average six years newer than non-green homes, the
majority of green homes were not new construction.
Seattle came out on top: Seattle had 20 neighborhoods where 10%
(or more) of the homes for sale had green features, followed by
Austin, with seven neighborhoods, and Houston, with six.
Redfin also determined the neighborhoods with the largest number of
green homes in 20 major metropolitan areas. In some cities there was no
distinguishable second or third place, in which case only the top
neighborhood was named:
“This is a list every homeowner can have an effect on by upgrading their
home with eco-friendly features,” said Julie Jacobson, a Redfin real
estate agent in Los Angeles. “Examples include low-flow faucets,
showerheads and toilets, which dramatically reduce indoor water use;
dual-pane windows and insulation, which reduce energy use by helping to
seal in conditioned air; and ENERGY STAR appliances, which save both
water and energy. All of these features reduce your home’s impact on the
environment. Going green also means saving money on monthly bills,
especially when you take advantage of the various rebates and tax
incentives available; it can really be a win-win.”
For more information on how to make your home more green, check out the
following guest post from Jacobson: http://blog.redfin.com/blog/2014/04/15-tips-to-make-your-home-more-green.html
To read the full report, click or paste the following link: http://blog.redfin.com/blog/2014/04/top-10-neighborhoods-for-green-homes.html
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About Redfin
Redfin (www.redfin.com)
is a technology-powered real estate broker that represents people buying
and selling
homes. Founded and run by technologists, Redfin has a team of
experienced, full-service real
estate agents who are advocates, not salespeople, earning
customer-satisfaction bonuses, not commissions. Redfin.com features all
the broker-listed homes for sale, as well as for-sale-by-owner
properties that don’t pay brokers a commission. Redfin also offers online
tools that make the entire process of buying or selling a home
easier and more fun. The company serves 23 U.S. markets and has closed
more than $13 billion in home sales. In 2012, Redfin was named one of
The DIGITAL 100: World’s Most Valuable Private Tech Companies by
Business Insider.