How do green building certifications affect home prices?

Green building certifications, such as LEED (Leadership in Energy and Environmental Design), have a positive effect on home prices. Properties with green certifications are viewed as more energy-efficient and environmentally friendly, which can make them more attractive to buyers who are willing to pay a premium for sustainability features. These homes often come with lower utility costs, which appeals to buyers looking to reduce long-term expenses. Additionally, homes with green certifications are often perceived as higher quality and more modern, which can lead to greater demand and higher resale values. As environmental concerns continue to grow, homes with green building certifications are expected to see increasing market value.