A rating of 80 or more is considered excellent. Of course, the cost to construct would be greatly affected by factors such as mechanical, window, construction choices, etc. Cost is dependent on those choices. The Restrictive Covenant specified that the building had to meet the rating of 80 before an occupancy permit would be granted. Here is a link to Natural Resources Canada Website that provides further details and discusses ratings:

http://oee.nrcan.gc.ca/residential/personal/new-homes/upgrade-packages/energuide-service.cfm

A rating of 100 would require no purchased energy on an annual basis. Compared to our house with a rating of between 60 and 65 as it was built in the 70’s, still has some old Pierson Slider windows and an old forced air gas furnace with little efficiency.

There are a couple of pilot projects going on in the province that rates the performance of some existing housing stock and the sale price is compared to the energy rating. Adjustments would have to be made to equalize any differences. I look forward to the results and will share them with you when released.

In a review of our assignment it was interesting to see how the buying public reacted to the subdivision. It was very positive. All the lots sold between 25 and 105 days. The average number of days on the market was 57 days and the median was 28 days.