Chasing Windmills : Functional Obsolecence

Originally published 5-11-12

Brookside Colorado

Brookside Colorado

During a recent conversation with another real estate agent and appraiser we got into the ever-so-common discussion of what is the right way to build an energy efficient, sustainable, environmentally friendly house. For the most part he and I agreed on every point. This conversation took several hours but was a great way to exchange ideas and hopefully build our respective businesses.

Many people today are asking builders to build their new construction homes with the newest, biggest, most modern gizmos. Whether it’s photo voltaic, hot water systems, wind turbines or anything else that has bells or whistles. But is the home owner chasing wind mills?

 Installers of Photo Voltaic systems are advising home owners to replace their roofs prior to the PV installation. (If roof mounted) The average PV system has a warranty of between 10 and 25 years modified or discounted every year and the warranty or average life span of the roof is 30 years or less, it makes sense to do both projects at once.

Many people are interested in purchasing PV systems today because of the tax credits available. But just as many are putting off the purchase because of the cost and because a newer system is always around the corner. The next newest gizmo is always going to be improving in quality and efficiency.

PV Life cycle info: http://photovoltaics.sandia.gov/docs/LCcost.htm  From this site : One dollar received today is worth more than the promise of $1 next year, because the $1 today can be invested and earn interest.

So what is the correct answer when a home owner asks what to do? Does the owner invest today based on the information above? Or wait to see what will happen tomorrow?

Some of the things that we agreed upon in our conversation:

1) The homeowner is right, after all the owner is the one writing the check.

2) There are some great passive solar designs out that will save the home owner money up front, are sustainable and cost effective in the long run.

Homeowners, builders, investors, real estate professionals all need to educate themselves on ALL of the options available. What is the correct balance between active and passive systems? Is the newest gizmo better than some tried and true proven designs?

You don’t need fancy highbrow traditions or money to really learn. You just need people with the desire to better themselves.   Adam Cooper and Bill Collage

Thanks to Deb Hurt : www.activerain.com/debhurt  for the additional inspiration on this blog post : http://weburbanist.com/2009/02/19/abandoned-windmills/   

Pueblo is happy to welcome Vestas to Southern Colorado

Functional Obsolescence is the impairment of the usefulness of a device or equipment due to a design defect, or due to it’s inability to be upgraded or modified to serve the user’s current needs.

Dena Stevens Putting the ‘real’ into REALTOR since 2004

About Dena Stevens (719) 369.9087

Putting the 'real' into REALTOR since 2004 Ask about vacant land, ranch land or residential properties. Loyalty and devotion are things buyers and sellers expect from their Realtor as well as the fiduciary responsibility of due diligence. Dena is a certified Ecobroker, focused on sustainability, energy efficiency and the environment and is a Certified Sales Professional from the Association of Home Builders. Specialties: A client once said "you put the 'real' into REALTOR" to me. I took it as a complement and I've been using it ever since, I'm a no nonsense kind of person. I've been helping people buy and sell real estate since 2004. Associate Broker REALTOR Certified Sales Professional (CSP) Short Sale Foreclosure Resource (SFR) Ecobroker GHSP The Fair Housing Act is a federal act in the United States intended to protect the buyer or renter of a dwelling from seller or landlord discrimination. Its primary prohibition makes it unlawful to refuse to sell, rent to, or negotiate with any person because of that person's inclusion in a protected class.
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One Response to Chasing Windmills : Functional Obsolecence

  1. teextlixtef says:

    Solid article.. Hope to come back again soon.