Value For Solar System.

[CANative]

Seven years of $2,800/yr at 3.75% = $17,000.

Oops. I misunderstood. Actually it's $16,962.12.

lol

 

[Joyce Potts]

Which solar system is Uranus in and does it command a premium?

 

[PropertyEconomics]

Which solar system is Uranus in and does it command a premium?

To my gentle and kind friend from the Sunshine State ... my understanding was Uranus was in the Milky Way System and no doubt commands quite a hefty premium! :laugh:

 

[KD247]

... Valuing High Performance Houses
http://www.appraisalinstitute.org/library/bok/highperformance.pdf

Looking forward to thoroughly digesting this, but my skeptic instincts are already on threat level red.

... http://www.deadlinenews.com/2012/02/06/appraising-solar-powers-true-value/

"The tool “PV (for photovoltaic) Value” is a Microsoft Excel spreadsheet developed by Solar Power Electric and Sandia National Laboratories to determine the value of a PV system." Is this similar to the list that shows the percentage for cost versus return for things like kitchen remodels? I think the guy at Restoration Hardware used the same tactic to sell my wife on our living room furniture. "It's not a question of whether you can afford to buy it, it's a question of whether you can afford not to buy it."

 

[Meandering]

Looking forward to thoroughly digesting this, but my skeptic instincts are already on threat level red.

"The tool “PV (for photovoltaic) Value” is a Microsoft Excel spreadsheet developed by Solar Power Electric and Sandia National Laboratories to determine the value of a PV system." Is this similar to the list that shows the percentage for cost versus return for things like kitchen remodels? I think the guy at Restoration Hardware used the same tactic to sell my wife on our living room furniture. "It's not a question of whether you can afford to buy it, it's a question of whether you can afford not to buy it."

Can't help you,

I don't write, I just have to know how to find them and reference them when the question comes up.

Looked to me to be more of an attempt to justify contribution, because what are we actually selling? A home or a power plant? Besides, the political correctness with blatant disregard of how non-green amenities value impacts and any possible relationship/substitution between the too just did not jump off the page at me so, it's paired sales for me and a caveat to them.

did you ever get the feeling that if the colored shingle lobby was run by Goldman Sacs we would get a new big book of adjustments of how they add much more value to a home?

.

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[PropertyEconomics]

Looking forward to thoroughly digesting this, but my skeptic instincts are already on threat level red.

"The tool “PV (for photovoltaic) Value” is a Microsoft Excel spreadsheet developed by Solar Power Electric and Sandia National Laboratories to determine the value of a PV system." Is this similar to the list that shows the percentage for cost versus return for things like kitchen remodels? I think the guy at Restoration Hardware used the same tactic to sell my wife on our living room furniture. "It's not a question of whether you can afford to buy it, it's a question of whether you can afford not to buy it."

The Excel Spreadsheet is essentially a discounted cash flow model built upon variables input based upon a given specific subject information. It does not list "values" as a percentage but rather as a discounted value based upon anticipation and analysis of future benefits.

 

[CANative]

 

[Meandering]

The Excel Spreadsheet is essentially a discounted cash flow model built upon variables input based upon a given specific subject information. It does not list "values" as a percentage but rather as a discounted value based upon anticipation and analysis of future benefits.

Great,

But generally SFR are not income producing properties and buyers typically do not buy them based on the amount of income they can produce. But If we are going there, maybe should include rental info in those SFR reports, cause income is income, even though it is the tenant that will benefit from the solar power. But if it crosses my desk, better not be a positive adjustment for income and a statement that the income approach is not applicable, or was considered or not developed, or just blank boxes.

And the income is not contracted, it's variable based on individual usage, which is not yet market stabilized, and there are too many factors that influence the income, like shade, and no market proven evidence that a house with $X income will sell for more or less then a house with $X-20 income. And, that income is still depend on Government subsides which could disappear in a fiscal cliff (Ooops).

Here there are no checks from the utility company only credits, but only because the government has mandated that. As with all government mandates, they are only good until the opposite lobby gets more powerful. Or, as in the cases we are now seeing in industrial and commercial, they are only as good as the value of the carbon credit, because when the credit reimbursement is too low, there is no profit incentive to put these things up.

It's simply a justification of why we should "Add Value" because there is no consideration of using a clothes line instead of the dryer, using an electric water heater with a timer to cut off the flow of electric during non-use periods, and if the Expense of running the home were the real market accepted thought process, then no one outside of the desert and arid areas would pay more for central AC when they really only need it 3 to 5 days a year. Heck, you could use a solar water heater and not need a whole roof of panels.

Oh but what the heck. That's why I published the links so that if you want to Add value, then go ahead and here is something you can use to back up your thought processes. that is the really great thing about opinions. We can disagree, and yet still not be wrong.

Just make sure that Income Approach is filled out correctly.



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[JSmith43]

RE: Value For Solar System...


I think you need a CG and an advanced degree in astrophysics in order to appraise a solar system.

BTW, how many planets?

 

[Calvin the Airedale]

RE: Value For Solar System...


I think you need a CG and an advanced degree in astrophysics in order to appraise a solar system.

BTW, how many planets?

Funny, but I read the thread title and thought, "finally, a discussion of quantum mechanics. It was bound to happen sooner or latter."