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5 Tips to Increase Real Estate Values in Big Bear

Eagle Point Real Estate

Here are a few projects that can add resale value to your Big Bear home. Energy efficient green-technology projects will benefit your lifestyle, save you money, and increase your home’s overall value.

1.) Solar Arrays

Solar energy is perfect for residents of Big Bear. The Big Bear area enjoys 310 days of sunshine a year. The average cost of installation is $30,000 before tax credits and rebates. You can expect a 30% rebate from the federal government. The rebate from the State of California depends on your utility territory, system size, and performance. Go here (http://www.gosolarcalifornia.ca.gov) to read about the Solar Initiative Rebates from the state.

 It generally takes six to ten years to recoup your investment.

2.) Solar Water Heaters

These are also called Solar Domestic Hot Water Systems. These systems are horizontally mounted above solar collectors on the roof. Hot water naturally rises through “themosiphon flow.” A storage tank is mounted on the floor.

Installation costs average $2,000 to $5,000. The investment is recouped in two years.

3.) Wind Generators

Because of our altitude, the Big Bear Valley experiences a good amount of wind. It generally blows across the Dam in an west to east direction. A wind turbine converts the wind to mechanical energy, producing electricity.

Installation costs vary depending on the size. Small versions can now be installed on a roof.

4.) Heating, Ventilation and Air Conditioning (HVAC)

Heating and cooling our homes consumes up to 50% of your homes overall energy, according to EnergyStar.Gov. If you don’t want to replace your HVAC system, you can seal your heating and cooling ducts, especially if you have an attic or basement. Energy Star recommends replacing your system if it’s over 10 years old.

Installation of an Energy Star HVAC system costs around $4,000 and you can expect to recoup the cost in seven years.

5.) Insulation

The Department of Energy says, “Adding insulation to your home is a sound investment that is likely to pay for itself quickly in reduced utility bills.” Many of the homes in Big Bear Lake and Big Bear City were built before energy efficient homes. Determine how much insulation you have, along with its thickness and location.

The cost of new insulation runs between $2500 and $5000. You can expect to recoup this investment within 12 to 25 years.

Improving your home by increasing its energy efficiency will not only make your home more comfortable and reduce your monthly expenses, it will also add to your home’s resale appeal and its overall value.

More About Green Technology for Your Home;

Village Real Property

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