What’s LEED All About, Anyway? | Bedford Corners Real Estate

Benefits of LEED Certification
The benefits touch everyone involved. For the homeowner a voluntary certification like LEED for homes increases accountability for quality checks on the construction site, therefore decreasing the frequency of costly mistakes. Plus, according to the U.S. Green Building Council, LEED-certified homes use on average 20 to 30 percent less energy and water, with some homes reporting up to 60 percent less energy use than a home built to meet code minimums.
In addition to the decrease in monthly utility bills, many states and cities have tax breaks and incentives for environmentally friendly construction. While the LEED rating itself doesn’t address individual incentives, the requirements often overlap. In fact, the U.S. Department of Energy has a searchable Database of State Incentives for Renewables & Efficiency. You and your project team can look up federal and state incentives to give your budget a little boost.
Finally, if you ever need to sell your home, you can ask for a higher price for a LEED home than similar houses on the market. One study in California, for example, showed an 8 to 9 percent increase in the market value of green-certified homes.
Meanwhile, any builders wanting to set themselves apart should consider learning how to build according to LEED requirements. Most agree that there is a steep learning curve, but with more than 100,000 home units certified in the U.S. (and many more in the pipeline), it could set an experienced business even further apart from the crowd or help a new business leap ahead. The same goes for designers who want to show clients that they can be creative even within environmental parameters.
Costs of LEED Certification It’s difficult to pinpoint an exact percentage increase in construction costs that you are likely to see with a LEED home. It depends on what you are comparing it to. In an apples-to-apples comparison with a high-quality, uncertified construction that follows best-practice guidelines, the cost difference is hardly noticeable: maybe 2 to 5 percent higher).
In a comparison with the average home on the market that just meets the minimum building codes (apples to oranges in this little fruit metaphor), the percentage would be much higher: maybe 20 percent.