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Yeah, 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
by sndean 9y ago
Yeah, 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.