4 ms·
Where I live $80k is a significant portion of the cost of most houses. The price will be a significant barrier to entry for houses outside of hot real estate ma
by timtadh 9y ago
Where I live $80k is a significant portion of the cost of most houses. The price will be a significant barrier to entry for houses outside of hot real estate markets.
- sndean 9y agoYeah, my brother just bought a pretty large house for $100k, but I guess people in rural North Carolina aren't the target buyer of solar roofs anyway. I wonder on what price home would a $80k roof make sense? >$800k?
- fictioncircle 9y agoThat sounds about right to me. A roof that exceeds 10% of the purchase price is likely to push the house outside of the price range of buyers in the target market. I know a friend of mine (who has a solar system, not quite the same) but basically got almost nothing for it. The aesthetics of a "Solar Roof" is better but I don't see it raising the value of the house by more than 10%. I used their calculator using the estimates when I had my roof done last time, and it is just not economically feasible. $60k roof vs. $6k roof. Net of $12k savings over 30 years. $60k over 30 years (adjusting for inflation in conservative investments) is easily going to hit $180k.
- pfarnsworth 9y agoI have a $2M house, and I've been bitching and moaning for a year that a new roof cost us $20k.
- jrnichols 9y agoI dunno, I'm in the Dallas/Ft Worth area, and we have abundant sunshine and I think the price is still going to be a barrier. But like others have said... there are plenty with a lot more money than I have which will jump at this. I'm ok with that. The more wealthy folks that install these and take their load off the grid, the better.