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Low-energy houses increasingly difficult to sell

In the third quarter of 2022, an A-labeled home produced on average 7% more than an F-labeled home.A year earlier, this difference was only 2%, according to data from the Dutch Association of Estate Agents. (NVM) requested RTL Nieuws.

“We have been awakened by high gas and electricity prices. Now that we feel the high energy costs in our wallets, we need to start thinking about energy labels,” says Rieks van den Berg, NVM Housing board member and real estate agent.

Energy label increasingly important

Sustainability has become a “hot object”, says Utrecht real estate agent Dagmar Daae. “Before, no one looked at the energy label and now everyone wants to know what the consumption of gas and electricity is”. Real estate agent Daan Kardol in Rotterdam: “Six months ago you were already happy to have a house. Now buyers are considering more often what an energy-efficient label entails in terms of costs and investments.”

What energy label does your home have?

The energy label shows how energy efficient a house is. The better the insulation of a house, the higher the label. The energy label ranges from class A ++++ (very cheap) to G (very inefficient). Do you want to know if your home has a favorable energy label? On the site of Central to the environment it is a useful tool.

More for sale

Homes with an energy-efficient label are now on the market more than a year ago, the data show. Do you want to sell a house with the A label? So it takes on average 25 days before the house is sold. This is 28 days for an F-labeled home and 30 days for a G-labeled home.

Even Van den Berg notices this. “I just have to organize a registration for new homes, but I really have to deal with old houses with a low energy label.”

The selling price per square meter of homes with the A label is often higher than that of homes with the D, E, F or G label. also by the type of house.

The demand for very characteristic houses such as those of the 1930s is still very high. That’s why the energy label appears to play a minor role here, according to brokers.

The graph below shows the average price per square meter by type of home and by label. Click on the tab to view the different housing types.

Figures show that C-label homes are often cheaper. This is because homes with a C energy label were usually built in the 1970s or 1980s and are less popular.

More offers for sustainable homes

For the first time in a long time, the number of outdated homes is also starting to decline. The decrease is visible for all energy labels. But even here you see: the higher the energy label, the more often people are exceeded.

“If I have a nice apartment for sale, it will be gone within a week and sold well above the asking price,” says Van den Berg. According to him, this now happens less often in older homes with a low energy label.

The chart below shows by label how often a house is exceeded. The number of excess bids is decreasing faster for homes with a low label than with an A label.

Number of excess offers per label

How are you?

Van den Berg sees the growing demand for energy labels as a lasting change. However, you don’t need to worry immediately if you have a low-etiquette home. “But you have to bear in mind that it will take longer.”

According to Daae, in many cases it may be worth applying for a new energy label when you sell your home if you’ve made a lot of changes in the meantime. “If you go from a D to a B label, it can really make a difference in sales results and speed.”

responsibility

For this study, real estate market data provided by NVM / Brainbay was used. The research editors then analyzed this data. For the whole country, by house type and by quarter, we looked at the transaction price per square meter, how much it was exceeded, what is the lead time and how it has developed over the last year.

The data for the third quarter of 2022 includes only the transactions of permanently sold homes. Properties that have been sold by reservation are not yet included in this.

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