Presenter Information

Jordan Dakota VanTineFollow

Presentation Title

Energy Efficiency & Housing Prices

Presentation Type

Lightning Session

Abstract

Graduate Student Symposium – “Energy Efficiency and Housing Prices” A Western Washington University Research Project in Partnership with the Building Performance Center and Alfred P. Sloan Foundation Presented by Dakota VanTine Abstract: Western Washington University faculty members Sharon Shewmake, Reid Dorsey-Palmateer, and Phil Thompson have secured a two-year grant from the Alfred P. Sloan Foundation to study the impact of energy efficiency on housing prices. The researchers are partnering with the Building Performance Center to enter homes currently on the market and homes that have recently been purchased, calculate a home’s expected annual energy usage, and test whether more efficient homes sell for a premium. Previous work has focused on only the most efficient homes, but this new data will add perspective on how upgrading the energy efficiency of a less efficient home affects its market price. Researchers believe their work will provide useful information to buyers and sellers of homes as well as their Realtors, in addition to better informing individuals considering the value of energy efficiency investments for their homes. The project studies homes in Whatcom and Skagit Counties. Keywords: energy efficiency, energy policy, energy economics, housing prices, energy efficient upgrades, annual energy usage, building performance center

Start Date

10-5-2018 4:25 PM

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May 10th, 4:25 PM

Energy Efficiency & Housing Prices

Graduate Student Symposium – “Energy Efficiency and Housing Prices” A Western Washington University Research Project in Partnership with the Building Performance Center and Alfred P. Sloan Foundation Presented by Dakota VanTine Abstract: Western Washington University faculty members Sharon Shewmake, Reid Dorsey-Palmateer, and Phil Thompson have secured a two-year grant from the Alfred P. Sloan Foundation to study the impact of energy efficiency on housing prices. The researchers are partnering with the Building Performance Center to enter homes currently on the market and homes that have recently been purchased, calculate a home’s expected annual energy usage, and test whether more efficient homes sell for a premium. Previous work has focused on only the most efficient homes, but this new data will add perspective on how upgrading the energy efficiency of a less efficient home affects its market price. Researchers believe their work will provide useful information to buyers and sellers of homes as well as their Realtors, in addition to better informing individuals considering the value of energy efficiency investments for their homes. The project studies homes in Whatcom and Skagit Counties. Keywords: energy efficiency, energy policy, energy economics, housing prices, energy efficient upgrades, annual energy usage, building performance center