What Is the Value of Green Housing?
(Sept. 25, 2015) — Do energy efficient designations such as Energy Star homes and features such as double-pane windows and low flow toilets increase the value of a home?
According to Thomas Thomson, the Quincy Lee Distinguished Professor in Real Estate and Finance, and Anjelita Cadena, Ph.D. ’13, assistant professor at the University of North Texas, they do.
The researchers studied 66,000 home sales over a five-year period in San Antonio to evaluate the extent green components add a premium to a house’s selling price. They found that green designations increased selling prices by 1 percent, green features such as drought tolerant plants and irrigation systems increased selling prices by 2 percent and energy efficient features such as Energy Star appliances, windows and HVAC systems raised selling prices by 6 percent.
“We are continuing data collection on this project and have two more recent years of data,” said Thomson, whose work appeared in the Appraisal Journal. “We’ll be looking to see if there is an increasing value to green over time, whether green houses sell faster and if the number of green features increases value.”
Learn more about finance at UTSA.
The YWCA of San Antonio will host Heidi Rueda of UTSA’s Department of Social Work and other panel members in a discussion of teen dating violence.503 Castroville Road, San Antonio
As part of UTSA’s Department of Anthropology Lecture Series, primatologist Michelle Bezanson of Santa Clara University will speak on difficulties for primate research because so many species are endangered and the narrow window of opportunity to make a difference in conservation. The event will be free and open to the public.Student Union, Pecan Room (SU 2.01.26), Main Campus
Admission is free to all Alumni Association members. Nonmember adult admission is $20; children 16 and under are free. Anyone who wants to get rowdy is welcome! Giveaways, music, UTSA Cheer & Rowdy, Pep Band and more!Alamodome Lot C, 100 Montana St., San Antonio
The Roadrunners celebrate homecoming, facing in-state rival Rice Owls.Alamodome, 100 Montana St., San Antonio
The UTSA faculty, staff, and students are invited to this free event to learn about the importance of wellbeing, early detection, health maintenance, stress reduction, and staying fit!Student Union, Paseo Principal, Main Campus
Representatives from schools across the state and country will be on hand to meet with prospective students and discuss admissions requirements, funding opportunities and details regarding program offerings. Each of UTSA’s colleges will have representatives available.Student Union, Main Campus
UTSA’s Policy Studies Center presents Michael D. Green, professor of law at Wake Forrest University, as part of its Distinguished Lecture Series. Green is a nationally and internationally recognized torts teacher and scholar. Admission is free and open to the public.Frio Street Building (FS 1.512), Downtown Campus