Skip to main content
placeholder image

What are the effects of residential building energy performance disclosure policies on property values? Rapid review of comparative evidence

Report


Type Of Work


  • Report

Abstract


  • The energy usage of a home is often an important factor for people when considering renting or buying. Using an energy performance rating is one way to show how “energy hungry” a home could be. In some countries, it is mandatory for the seller to obtain, and disclose, a home’s energy rating. For countries in the European Union, this has been the case for 10 years. In the ACT a disclosure scheme has been operating for 20 years. Disclosing energy ratings is common practice in the commercial building sector in Australia, where it has been found to have a positive effect on the value of buildings with higher energy ratings (a price premium). Researchers are now looking to see if a similar effect exists in the residential sector.

    If a rating scheme can influence residential property values, it is important to understand how consistent the effect is, and what else policy makers need to consider in developing and justifying such a scheme. The main objective of the current review was to explore the relevant body of academic literature to answer the question: What are the effects of residential building energy performance disclosure policies on property values?

Publication Date


  • 2019

Citation


  • Daly, D., Kokogiannakis, G., Zwagerman, M., Burton, C., Cooper, P., & Lagisz, M. (2019). What are the effects of residential building energy performance disclosure policies on property values? Rapid review of comparative evidence: What are the effects of residential building energy performance disclosure policies on property values?. CRC Low Carbon LIving. Retrieved from https://apo.org.au/node/260856

Web Of Science Accession Number


Book Title


  • What are the effects of residential building energy performance disclosure policies on property values?

Type Of Work


  • Report

Abstract


  • The energy usage of a home is often an important factor for people when considering renting or buying. Using an energy performance rating is one way to show how “energy hungry” a home could be. In some countries, it is mandatory for the seller to obtain, and disclose, a home’s energy rating. For countries in the European Union, this has been the case for 10 years. In the ACT a disclosure scheme has been operating for 20 years. Disclosing energy ratings is common practice in the commercial building sector in Australia, where it has been found to have a positive effect on the value of buildings with higher energy ratings (a price premium). Researchers are now looking to see if a similar effect exists in the residential sector.

    If a rating scheme can influence residential property values, it is important to understand how consistent the effect is, and what else policy makers need to consider in developing and justifying such a scheme. The main objective of the current review was to explore the relevant body of academic literature to answer the question: What are the effects of residential building energy performance disclosure policies on property values?

Publication Date


  • 2019

Citation


  • Daly, D., Kokogiannakis, G., Zwagerman, M., Burton, C., Cooper, P., & Lagisz, M. (2019). What are the effects of residential building energy performance disclosure policies on property values? Rapid review of comparative evidence: What are the effects of residential building energy performance disclosure policies on property values?. CRC Low Carbon LIving. Retrieved from https://apo.org.au/node/260856

Web Of Science Accession Number


Book Title


  • What are the effects of residential building energy performance disclosure policies on property values?