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Ade, R and Rehm, M (2020) Reaching for the stars: green construction cost premiums for Homestar certification. Construction Management and Economics, 38(06), 570–80.

Type: Journal Article
Keywords: Green buildings; sustainability; construction cost;
ISBN/ISSN: 0144-6193
URL: https://doi.org/10.1080/01446193.2019.1640370
Abstract:
The assumption that undertaking certification, using a green building rating tool, will increase capital construction cost has been well studied in commercial buildings with mixed results, but less attention has been given to the much larger residential sector. This paper studies New Zealand’s Homestar residential green building rating tool and estimates the cost premium associated with 6-Homestar certification by analyzing the actual capital construction costs of 718 newly built homes in Auckland, New Zealand. To undertake this research, the authors contacted and collected actual capital construction costs from builders and developers of recently constructed single-family homes across Auckland. Given the sensitive nature of property-level construction cost data, this study marks the first development and application of hedonic cost modelling to analyses actual construction costs of single-family homes. The authors find a 12% cost premium for 6-Homestar certification, comprising an 11% hard cost premium and 1% in additional soft costs.

Arashpour, M, Heidarpour, A, Akbar Nezhad, A, Hosseinifard, Z, Chileshe, N and Hosseini, R (2020) Performance-based control of variability and tolerance in off-site manufacture and assembly: optimization of penalty on poor production quality. Construction Management and Economics, 38(06), 502–14.

Hamilton, I G, Summerfield, A J, Steadman, J P, Stone, A and Davies, M (2010) Exploring energy integration between new and existing developments. Building Research & Information, 38(06), 609.

Hammad, A W, Grzybowska, H, Sutrisna, M, Akbarnezhad, A and Haddad, A (2020) A novel mathematical optimisation model for the scheduling of activities in modular construction factories. Construction Management and Economics, 38(06), 534–51.

Littlefair, P, Ortiz, J and Bhaumik, C D (2010) A simulation of solar shading control on UK office energy use. Building Research & Information, 38(06), 46.

Loosemore, M, Alkilani, S and Mathenge, R (2020) The risks of and barriers to social procurement in construction: a supply chain perspective. Construction Management and Economics, 38(06), 552–69.

Lucke, T and Beecham, S (2010) Aeration and gutter water levels in siphonic roof drainage systems. Building Research & Information, 38(06), 85.

Pink, S, Tutt, D, Dainty, A and Gibb, A (2010) Ethnographic methodologies for construction research: knowing, practice and interventions. Building Research & Information, 38(06), 647-659.

Steinhardt, D, Manley, K, Bildsten, L and Widen, K (2020) The structure of emergent prefabricated housing industries: a comparative case study of Australia and Sweden. Construction Management and Economics, 38(06), 483–501.

Tenpierik, M J and Cauberg, J J M (2010) Encapsulated vacuum insulation panels: theoretical thermal optimization. Building Research & Information, 38(06), 9.