This graduation thesis discusses the energy efficiency of buildings and its influence on the real estate market. It focuses on energy performance certificates (EPCs), as these have become a key factor in determining buildings' energy efficiency. Identifying buildings' energy efficiency enables potential buyers to acquaint themselves with the energy needs of a specific building. This could influence the dynamics of the real estate market. The thesis first introduces the legislation relevant to the topic of energy efficiency and energy indicators. Research conducted in other countries is also presented. The final part of the thesis is an original analysis of the real estate market and the influence of individual energy classes on individual real estate sales. This analysis is based on a representative sample of similar housing units. The analysis determines whether apartments with higher energy classes reach higher prices per square metre than apartments with lower energy classes. The results of energy efficiency influence on real estate sales with the highest and lowest classes are not comparable due to lack of apartments in my representative sample. Based on the results, however, I have concluded that there is an upward trend in house sales prices with increasing energy efficiency in apartments with middle energy classes.
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