Showing posts with label real estate. Show all posts
Showing posts with label real estate. Show all posts

some homeowners willing to pay planet-friendly premium

A TD Canada Trust Green Building Poll conducted last fall by Ipsos Reid found that 73 per cent of Canadian homeowners, or those considering buying a home, would be willing to pay a premium for environmentally friendly features, indicating that some are actually willing to put their money on the line for the good of the planet.

"Going green is good, but the cost of going green is a real issue," says Toronto realtor Catharine Palmer. She says many people are content "to do their `green thing' by taking the vehicle, taking the subway, or buying a bike."

Also, different buyers have different ideas about what it means to "buy green." More people show interest in green homes and products if they think they can provide good, long-term economic return and energy savings, realtors say.

And some Canadians are still skeptical of the movement, Palmer says, with 64 per cent in one poll rating the "green" products claim as a marketing ploy. Not surprising, given the amount of greenwashing we see every day.

Full article at the Toronto Star

Majority of Canadians Willing to Pay for Greener Homes

Considering a eco-friendly home improvement? A new survey by Royal LePage indicates this should yield a solid return on investment come selling time as almost three quarters of Canadians say they will look for a green-improved property in their next home purchase, and 63 per cent will be willing to pay more for it.

According to the recent Royal LePage Eco Home Survey, of the majority of Canadians who are willing to pay more for an eco home, 62 per cent are willing to pay between $5,000 and $20,000 for green features, while eight per cent of respondents are willing to spend $20,000 or more.

The poll was conducted on-line with a national representative sample of 1,266 Canadians aged 18 year and older. Read the full report here >>