Heterogeneous Price Premiums in Sustainable Real Estate? An Investigation of the Relation between Value and Price Premiums

Robinson, Spenser; McAllister, Pat

doi:10.1080/10835547.2015.12091868

Public

Heterogeneous Price Premiums in Sustainable Real Estate? An Investigation of the Relation between Value and Price Premiums

Published in Journal of Sustainable Real Estate • Nov 1, 2015

Authors:

Spenser Robinson

Pat McAllister

Abstract

Focusing on the voluntary LEED and ENERGY STAR environmental certification schemes in the United States, we investigate whether price premiums exist across all building value categories or are localized to specific value segments. We find that the largest value building segment does not demonstrate ...

Subject

Real estate

Value (mathematics)

Certification

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