3 ms·
PEB grade systematically increases the value of a house less than 20% of the house value. That's far too low to justify the huge sums involved in energy renova
by LunaSea 3y ago
PEB grade systematically increases the value of a house less than 20% of the house value.
That's far too low to justify the huge sums involved in energy renovations.
- adrianN 3y ago20% of the building’s value sounds like a very generous sum for new windows and insulation.
- LunaSea 3y ago20% is if you insulate your roof and walls, get triple-glazed windows, heat pump with floor heating and solar panels. That is going to cost quite a bit.
- BoiledCabbage 3y agoIf a home were priced as little at $200,000 then 20% would cover $40k in investments. Homes around here don't sell for the little. Assuming your percentage is correct and home prices are much bigger it makes it seem like a spectacular investment. Actually too good to be true of an investment. If the return were 2% or max 5% I could see it maybe not being worth it depending on home prices in your area.
- LunaSea 3y ago20% is if you insulate your roof and walls, get triple-glazed windows, heat pump with floor heating and solar panels. That is going to cost in the €150K-€200K range in Europe for a €400K, 150 m^2 house.