<<< back to article list

Vancouver going Green? Costing more and selling faster?


Blog by Patricia Houlihan - Personal Real Estate Corporation | August 24th, 2008


Well i am hoping that Vancouver does become the greenest place for real estate in Canada-or even North America (the world?)....I was just reading an article (Green Your Marketing with Eco features, Realtor magazine, Spring 2008) that said that the trend has caught on so well in the USA that green homes are selling faster and for more money, than non-green homes.  In the past, the cost of being environmentally friendly has been a barrier for some but hopefully this is changing. The article talked about one green rental project in New York (Solaire) which is able to charge rents which are 10-15% higher than other building rates.  It also noted that a project in California called Carsten Crossings outsold its competition 2 to 1...that's pretty impressive!  Hopefully the same attitude will come to Vancouver in the near future.