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What is the market for new, modest-sized, highly energy-efficient homes in Vermont?

Posted by: Leslie Black-Plumeau on 12/4/2014

High performance homesThis question was recently the focus of a Vermont-based consulting team under the direction of The High Meadows Fund and Efficiency Vermont. The team, composed of VHFA, Energy Futures Group, Milne-Allen Appraisal Company and Fifth Element Associates, conducted extensive housing market, demographic and direct consumer research. Results and conclusions are summarized in a comprehensive report released this week.

While these homes do not yet command a bona fide “market”  in the traditional sense due to general consumer expectations and cost considerations, there are action steps that can facilitate the development of a market in the future, the report concludes. Recommendations range from focusing on consumer needs for specific types of information and a “trusted advisor” to targeting certain types of high performance homes to particular locations in which prevailing land prices and home sizes make them more competitive.