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from the ground up - The Tyee

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gook.”“<strong>The</strong> EPS is something that an auditor can share with<strong>the</strong> homeowner and <strong>the</strong> contractor,” says Penrith.“<strong>The</strong> consumer gets a scorecard that shows where<strong>the</strong>y are and where <strong>the</strong>y can get <strong>the</strong>ir home to. Itgenerates a recommendation report and turns it intoa scope of work for contractors to provide. It reallydistills that information down, like a weight-lossprogram.”Will it change <strong>the</strong> market?Peter Sundberg is executive director of City GreenSolutions, a non-profit that does home energy auditsand o<strong>the</strong>r consulting work in green building with officesin Victoria and Vancouver. Knowing <strong>the</strong> energyuse of one home in comparison with ano<strong>the</strong>r, he says,is valuable to buyers -- especially any considering afixer-<strong>up</strong>per -- but information that is currently missing<strong>from</strong> <strong>the</strong> marketplace.While some major builders like JB Homes, one of<strong>the</strong> largest home building companies in <strong>the</strong> U.S.,have picked <strong>up</strong> on energy labeling as a way to get anedge in a market full of lower-priced foreclosures, itremains to be seen whe<strong>the</strong>r new and improved homeenergy labels will gain real traction in <strong>the</strong> housingmarket.Greenworks Realty and Development Gro<strong>up</strong>, aSeattle-based realtor specializing in green home sales,studied whe<strong>the</strong>r positive green ratings boost a property’svalue -- and found mixed results. Greenworksmined data <strong>from</strong> <strong>the</strong> Northwest Multiple Listing Service,which allows users to search for homes certifiedunder various rating systems including Built Green,Energy Star and LEED. Its 2010 report found that certifiedhomes in Seattle sold faster, and for 8.5 per centmore per square foot than non-certified homes. Outside<strong>the</strong> city, <strong>the</strong> opposite was true: certified homestook longer to sell and fetched lower prices.In an interview with <strong>the</strong> Seattle Daily Journal of Commerce,GreenWorks owner Ben Kauffman chalked <strong>the</strong>difference <strong>up</strong> to education. In places where agents andbuyers are taught about green building, <strong>the</strong>y’re morelikely to put a value on it.Anecdotal evidence, at least, suggests <strong>the</strong> same may84

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