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Energy label is becoming increasingly important when buying a home

According to figures from the Dutch Association of Real Estate Agents (NVM), homes with a low energy label spend more time on the market. Compared to a home with an energy label A, a property with an energy label F takes three days longer to sell, while a home with label G remains on the market for five days longer. In addition to a longer selling period, energy-efficient homes are also achieving higher prices.

Higher energy label, higher price per square meter

Homes with a high energy label (A or B) also have an advantage in terms of price per square meter. NVM figures show that homes with an energy label A sell for an average of 7 percent more than those with an energy label F, a difference of 5 percent compared to the same period in 2021.

This difference in price per square meter is partly due to overbidding. Buyers are more likely to bid above the asking price if a home is energy efficient, as this leads to lower energy bills.

Type and location remain important

It is important to note that the type of property and its location are still relevant. Characteristic homes and certain neighborhoods in Amsterdam remain popular. This was also evident in an earlier news update about price declines in Amsterdam.

Energy costs are the main reason

The growing importance of energy labels is mainly due to rising energy prices. By choosing homes with a high energy label such as A or B, buyers can sometimes save thousands of euros per year.

Buying agent with technical expertise

As energy labels become more important, so does working with a buying agent who has technical expertise. This goes beyond simply knowing the Amsterdam housing market. A buying agent should take a closer look at the building condition and insulation options of a home.

The NVM-certified agents at Aankoopmakelaar Amsterdam can use their technical background and years of experience to assess both the technical condition and the potential of a property. Together, you can then make a well-informed and successful offer.

Curious about what we can do for you? Feel free to contact us for a no-obligation conversation.

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In addition to our no-obligation purchase advice, we offer the option to receive a ‘viewing checklist.’ This checklist allows you to quickly make an initial assessment.

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