Green building and renovations is an emerging trend in the real estate industry and, in my opinion a very exciting and important one. I wanted to share with you a few interesting statistics about the what it means to be GREEN, and what the benefits are!
1. 62% of Canadians are willing to pay between $5000 and under $20,000 for green features, while 8% of respondents are willing to spend over $20,000 or more of a green home. (Royal Lepage/NAGAB Eco Home Survey)
2. The most popular green modifications that poll respondents already implement in their homes include switching from regular light bulbs to CFL light bulbs (74%). (Royal Lepage/NAGAB Eco Home Survey)
3. Almost 3/4 of Canadians (72%) say that they will look for a green-improved property in their next home purchase, and 63% will be willing to pay more for an environmentally friendly home. (Royal Lepage/NAGAB Eco Home Survey)
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