type of pipe

Discussion in 'General Discussions' started by TechGromit, Jan 1, 2009.

  1. TechGromit

    TechGromit Member

    As the yet, despite advice that Geothermal systems increase the value of your home, in reality it does not. Someone has to be willing to pay the added benefits of a geothermal system when buying a house for it to be worth more on the market. Most people haven't a clue what geothermal is, let alone that it's the best heating system money can buy. Even during the recent spike of oil and natural gas prices, I haven't heard or seen one commercial about geothermal systems, but heard dozens of radio commercials about how efficient the new gas or oil systems are, "Buy one today!"

    Someday in the future when gas, oil, propane prices reach unaffordable prices or perhaps the federal governments new energy policies pushes geothermal heating systems your house may be worth more on the open market to buyers, but until then don't count on it.

    When buyers are looking at a house they are asking how many bed rooms, bath rooms it has, how big are the rooms, the location, but no one asks what the heating / cooling system is. 50 bucks says that without a home inspection, during the housing boom, I could have sold a new house without a heating / cooling system and the new owners wouldn't notice until they moved in and tried to heat or cool the house.

    When energy costs become so high, that heating methods become so important, that's when one of the first questions buyers ask is what kind of heat it has. THAT'S when you house will be worth more on the open market, with a geothermal system installed.
     
  2. urthbuoy

    urthbuoy Well-Known Member Industry Professional Forum Leader

    Easiest $ add on

    Would be to take the energy savings and add a year multiplier. People will pay more for an energy efficient home.
     
  3. waterpirate

    waterpirate Well-Known Member Industry Professional Forum Leader

    home value

    In my area there is an all out media blitz by several different companies touting geothermal. Business is good and we are gowing green all at the same time.
    If the economy continues to spiral and flip flop, the value comes from the balance sheet that you present to your realtor. It costs "x" to operate this home on a yearly basis. Freeing up more money available for the mortgage. Or more savings monthly.
    I would say that like a kitchen remodel you may get back in sale price more than the cost of the install.

    Eric
     
  4. TechGromit

    TechGromit Member

    In a perfect world the value of your house should increase with the additional of a Geothermal system. But in reality most poeple don't think that way. Take two houses exactly alike, for sale right next door to each other, one heated with propane, the other geo, add 30k to the price of the geo house. I say 9 times out of 10, buyers will pick the cheaper house. People can't look far enough in the future to know that a Interest only teaser mortgage isn't a good thing, and your going to tell me that they going to make a sensiable choice what it comes to picking the proper heating system for there new house?

    Go ahead, add 50k to the value of your house, but good luck what you try to sell it. Most buyers aren't going to want to pay you for it, they are going to go for the cheaper house 9 times out of 10. You can assign any value you want to your house, but the true value is in what someone else is willing to pay you for it.
     
  5. waterpirate

    waterpirate Well-Known Member Industry Professional Forum Leader

    WTF

    Now that we are in a full blown recesion, Yes I said the "R" word. :eek: People allready know that the decisions they made in the past were very poor ones in regard to mortgages and rates.
    I think that the world is more forward thinking at this point and the value will be relized. I am old enough to remember the odd even days for fueling your car, this last go round brought back memories. Even the lemmings have realised that that hummer/expedition/suburban/diesel dually, was a bad choice.

    where I live there has allready been a huge investment in public infrastructure in geothermal for the long haul and the general public is following suit. I am sorry if it not happening in your location.
    Eric
     
  6. MarauderX

    MarauderX New Member

    There are no $ invested to $ value increase comparisons for geothermal. It is as much perceived value as actual. You may be able to show the realtor, but the geothermal may be just one reason the house sells instead of sits on the market. I wouldn't anticipate an increase in value unless the geothermal system is replacing a much older HVAC system.
     
  7. Looby

    Looby Member Forum Leader

    Who knows what evil lurks in the minds of R.E. "appraisers?"

    OTOH, I believe many folks set their home-buying budgets on the basis of
    monthly out-of-pocket cash flow. So, every dollar saved on heating/cooling
    costs is another dollar available for the mortgage.

    Assuming a 30-year fixed-rate mortgage @ 5.00% APR, each $100/month
    saved on energy is equivalent to an $18,500 increase in purchase price.

    Also, the relative stability of electric rates (compared to fossil fuels) should
    be very attractive to home buyers -- for example, I switched to geo when
    my heating oil dealer offered me the "opportunity" to lock-in at $4.79/gallon
    (way back in August).

    ...there's no fuel like an old fuel,

    Looby
     
  8. easter

    easter New Member

    newcomer to your group. site is fantastic. want to change my system from open loop to horizontal closed loop. would like your input on which type of pipe is toughest for very poor soil,"rocky",just in case installers are not careful. thanks in advance.
    easter.
     
  9. waterpirate

    waterpirate Well-Known Member Industry Professional Forum Leader

    Hdpe pipe is the industry standard. Some people are using a pex type material. If backfill is the issue, Haul out the crap and haul in screened clean fill of your choice to maximise conductivity. Problem solved.
     
  10. duff1856

    duff1856 New Member

    How do you select your Size, length and exact type of HDPE if you were doing it yourself?
     
  11. urthbuoy

    urthbuoy Well-Known Member Industry Professional Forum Leader

    How do you select your Size, length and exact type of HDPE if you were doing it yourself?

    How do you build you own car?

    Take the training or pay someone to design it.
     
  12. waterpirate

    waterpirate Well-Known Member Industry Professional Forum Leader

    The size length and type of pipe are all determined by either design software that operates in conjunction with your manual J, or a rule of thumb that is prevalent in your specific location by installers that have a long history of satisfied customers in your specific area.
    For a diy horizontal more is better as to footage as your time is cheaper than proffesionals. More footage may also yield lower ewt.
     

Share This Page