As the saying goes, the Stone Age did not end because we ran out of stones; we transitioned to better solutions.
The same opportunity lies before us with energy efficiency and clean energy.— Steven Chu

According to the U.S. Environmental Protection Agency, Department of Energy and other sources, the majority (approximately 70 percent) of buildings in the U.S. are over 50 years old.

Many homeowners and apartment building (multi-family) owners are facing high costs to improve their properties and reduce their energy consumption.

Government initiatives and mandates are driving many building owners to upgrade their properties prior to sale or, in some cases, to improve their energy efficiencies to avoid facing imposed penalties. Whether or not the government enforces mandated polices, it makes sense to improve high energy consumption properties.

Energy upgrades are a good investment decision!

 

 

Benefits of Retrofitting your Existing Property:

  • Reduced and deferred maintenance costs
  • Higher comfort and a healthier building (the EPA states that the indoor air quality in many buildings exceeds outdoor pollution)
  • Lower energy costs that offset the building cost improvements and payoff quickly
  • Potential increase in value of the property; high-performance buildings will continue to sell more quickly and easily
  • Tax incentives are available today; policy changes may threaten their availability in the future
  • Building and energy costs will continue to increase

When financing a retrofit, it may not be economically viable to pay off an existing first lien if interest rates have gone up. 

However several factors should be considered:

  • The current loan balance and years left to payoff vs. new utility- loan payment offsets
  • The current loan interest rate vs. market interest rates being offered
  • Cost of the retrofit – Get Free Instant Report

GEM Value: if the costs are below $25,000 – consider low-interest credit card, home-improvement loan

GEM Value: a deep retrofit, which costs more, will potentially realize a higher value than weatherizing the property at a low cost   

 

 

For more information or to get started, contact us today or start with our Free Instant Report !