$25,000 Adjustment for EV Charger

[J Grant]

am

cost does not equal value...squeal squeal piggy piggy

Cost does not equal value but it has a relation to value.
If that type of charger is available to buy for ( example ) $1000, and perhaps electrical install costs an additional $2000 , why would an informed buyer pay $25,000 for it as a premium?

MV refers to a well-informed buyer, not the outlier idiot buyer.

 

[djd09]

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[J Grant]

AI Overview

An EV charger can increase a home's value, but the amount varies. Studies suggest a range from a few thousand dollars to upwards of $17,000, or 1-3% of the home's value. The increase is more pronounced in areas with a higher adoption rate of electric vehicles.

are you trying to give me appraisal lessons...

No, you are incorrigible and unteachable. Like a dog that refuses to be house-trained! Woof woof

 

[djd09]

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[jay trotta]

Is that in line with "atmospheric" adjustments?

 

[djd09]

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[Overimprovement]

are you trying to give me appraisal lessons...

Somebody needs to, though I doubt their efficacy. Be happy you get them for free here.

 

[djd09]

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[djd09]

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[timd354]

AI Overview

An EV charger can increase a home's value, but the amount varies. Studies suggest a range from a few thousand dollars to upwards of $17,000, or 1-3% of the home's value. The increase is more pronounced in areas with a higher adoption rate of electric vehicles.

are you trying to give me appraisal lessons...

Did your mom tell you to consult with AI to come up with an answer? Even assuming that AI is correct and an EV charger adds 1 to 3% to the value of a home, that is still a long way off from the 8% that the appraiser claimed it added to the value of the subject property in the apprasial I am referencing.