NEW YORK (CNNMoney.com) — Lots of people, especially those trying to battle high utility bills, believe in energy-efficient homebuilding.
But there’s something holding green technology back: It simply costs more to include it than it adds to resale value
Appraisals for newly built green homes do not fully reflect the cost of green technology, and the lower appraisal values mean buyers often cannot get the full financing they need from banks.
That discourages developers from using green technology, in turn diminishing the market for more green products.
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