The US Green Building Council (USGBC) offers LEED certification for existing or new neighborhood developments that are in line with the new urbanism and smart growth concepts. We investigate whether LEED neighborhood certification 1) adds a premium to condo sales prices and 2) moderates the...

The US Green Building Council offers LEED certification for existing and new neighborhood developments that meet sustainable urban development standards. Features of sustainable urban development have been found to positively affect residential sales prices. We investigate whether the intangible...