Energy efficiency significantly increases property values

  • 12 months ago

Properties with high energy efficiency will achieve up to 33 percent higher market prices in 2023 compared to properties with low efficiency. This applies to both new builds and energy-efficient refurbished homes. These are the findings of a study conducted by ImmobilienScout24 on behalf of the German Energy Efficient Building Envelope Association (BuVEG). The average value advantage of energy-efficient properties is currently around 20 percent, a slight decrease compared to previous years (2021/2022: 22 percent and 2020/2021: 23 percent). It is particularly noteworthy that properties in eastern Germany are, on average, more energy efficient than those in western Germany.

The study, the third of its kind in successive years, is based on an analysis of over 250,000 single-family homes, apartment buildings and condominiums. It compares these properties in terms of region and age class. Jan Peter Hinrichs, Managing Director of the Federal Association for Energy-Efficient Building Envelopes (BuVEG), summarizes the results: "The trend towards increasing the value of buildings with high energy efficiency standards is continuing in Germany." He emphasizes that the energy-efficient refurbishment rate in Germany is low overall, with a greater need to catch up in the old federal states than in the new ones. This is primarily due to the wave of refurbishments in eastern Germany following German reunification.

The study emphasizes the many advantages of energy-efficient measures such as insulation and window replacement. These measures not only reduce energy consumption, but also sustainably increase the attractiveness of a property. In addition, modern, energy-efficient buildings play a decisive role in achieving climate protection targets, as the building sector has not achieved its savings targets in recent years.source: buveg.de
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