PV system affect on home re-sale [RE-wrenches]
Mo Rousso
mrousso at heliopower.com
Thu May 6 11:38:49 PDT 2004
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John,
I forget who provided me the link, but if you look through the archives of
this list and the Marketing list, you should be able to find a reference.
The link was to the National Association of Home Appraisers. It basically
said for every 1$ of annual energy savings, increase the value of the home
by $15 to $25. So, I have been using a 1:20 ratio as an average. Thus, if
a person was saving $1000 per year on electricity, their home value should
go up by $20,000.
I recently put it to the test when I refinanced my home and was successful
in increasing the appraised value accordingly.
Mo
--
Mo Rousso
President
HelioPower, Inc
760.451.9374
www.heliopower.com
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