The other was that most purchasers are brain dead as well.
You and I might think that energy saving is important, but most purchasers don't.
It's not that marketable because energy is still cheap
.andy
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H
Huge
[42 lines snipped]
It is? Gulp.
I
IMM
That was in the 1980s.
Most purchasers are not that stupid. In Nottinghamshire, a developer built low energy homes. He commands a higher price for them and they do go for more than the colder ones around, and certainly sell quicker.
Any decent estate agent will tell you that a house with low energy bills and eco credentials commands more and sell very quick. Public awareness is much greater now, after decades of headlines of environmental concerns, high and volatile fuel prices, etc.
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Andy Hall
Relatively, and not to the point of pain for the average punter.
If it were, everybody would be fitting condensing boilers and double glazing and we wouldn't need legislation to encourage better insulation.
.andy
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Andy Hall
From what I have seen, it's still true today.
They sell to some people who have that as a concern on their agenda for either economic or idealistic reasons.
It is a long way down the list compared with factors like location, size, room layouts etc. for most people..
If energy saving, right or wrong were a big issue for most people, then older properites wouldn't sell, and they do.......
.andy
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Stephen Gower
The one with the nicer kitchen.
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IMM
There are millions of these people now, and I would say they are in the majority.
A house has to suit the purpose: size, etc. Location is important: schools, shops, etc. Its no good have a family and living in a 100% eco house in the middle of nowhere. When all prime points are equal the eco house commands more attention and sells quicker and for more.
Because we don't build enough new houses in the UK. In 2000, we built twice as many homes as Southern Ireland (pop approx 3.3 million, while the UK is approx 60 million) Totally pathetic, and no wonder two jags castigated the building industry and took control and forced them into the 20th century (having them in the 21st century is too much to ask).
In areas where they are plentiful,new home the newer homes are more in demand because of the low fuels bills and more comfortable environment inside. I was reading that Milton Keynes is a prime example. MK has older house in it, surprise,surprise: Bletchley, Wolverton, etc. The newer homes in good locations are generally preferred to the 1920-30s homes in good locations.
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IMM
They are!! Try selling a house without double glazing. Relatives of mine have a 20 year old detached 4 bed, two bathroom house. Gas bills were approx £600-650 per year. That IS NOT cheap. It might be for you, but not to the average person on the average salary. I zoned up the house to upstairs and down, installed a condensing boiler, they put extra lagging in the loft and installed double glazing (the old windows were ugly and shot anyway). The bills are now half that, maybe less. The neighbours heard of it and many are now doing similar.
They are all on water meters and many now have low flush cisterns fitted, with aerated taps and water butts etc. Why? Because water is not cheap either, so they want to keep those bills down too.
Legislation is to drag the building industry out of the 19th century.
H
Huge
Ah, so once again those with a little nous have to suffer for the average thicko?
Sigh.
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IMM
You didn't read! It said "two well appointed identical houses in the same road".
A nice kitchen is over stated. A lot of people assess that a new kitchen is going to cost 6-10K, or whatever, so are prepared to fit their own in after buying, to their own design and all brand new, if the rest of the prime points of a house are attractive.
I personally would rather have a sound house with tatty bathrooms and kitchen and replace these, as soon as moving in. Nothing worse than a tatty bathroom and kitchen that someone else has used for years.
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IMM
I thumbed it onece. Seemed overpriced and told me nothing I didn't already know
'interesting'
What might they be?
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Huge
Nonsense. Kitchens & bathrooms sell houses. No-one gives a toss about insulation, other than a few geeks here (and I include myself, before anyone gets the hump about being called a geek.)
The only reason people care about uPVC windows is because they don't have to paint them.
I expect she thinks combis are a waste of money. And for a property developer, they probably are. Paint it magnolia and get it shifted, that's all they care about.
H
Huge
Whoosh!
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Owain
"IMM" wrote | "Owain" wrote | > Have you read her Property Ladder book? | > I was reading part of it in WHSmiths yesterday and she has an | > 'interesting' viewpoint of the relative merits of combi boilers | > and instant electric showers. | What might they be?
AIUI her point was that it was best to install instant electric because combi's couldn't deliver enough hot water for a shower.
I might have got it wrong, I was only thumbing through it too.
Owain
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Andy Hall
I just did, and for a higher price than one close by with double glazing that has been on the market for weeks.. The one that I sold had a better kitchen and a better posiiton.
That's all very nice, and I don't disagree with doing these things. I simply don't believe that they are a big seller. Yet.
That's a separate issue.
.andy
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Andy Hall
ALways the case, though, isn't it......? .andy
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Andy Hall
Millions possibly. Majority, I think not.
Not from my recent experience of the market.
Maybe that should happen to two jags himself.... (Oh, sorry,
*castigated* ... :-) )
Milton Keynes isn't a prime example of anything that I would consider positive. It has great views, though. In the rear view mirror....
.andy
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IMM
What might they be? How eco homes did you see and visit?
Andy , you are so funny. All that Tory indoctrination coming out. I like Jonny Left Hook.
It is. The population ismm,ixed from many parts of the country, although primarily south east.
I'm sure its forward looking inhabitants would love to see your exhaust puffs as you leave quickly.
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IMM
It is getting that way, that is the point, and that is for certain. The insulation regs are getting higher, boiler efficiency is getting higher, all pushed by Two Jags (God bless his left hook). Once this becomes the standard then it drags the less old homes up, as it did with double glazing, insulation in lofts, high efficiency heating. Then it will be the norm and anything less will sell for less and not even be looked at. It is all coming soon, very soon.
Worst case example. Take a bog standard, structurally sound, in excellent order 3 bed never been modernised in any way 1930s detached house, with original kitchen, coal fires, doors, bathroom, etc, and NO insulation in the loft. See how many people would interested to buy it at full price, the same price as a new house in insulation to current building regs and high efficeint heating system. NONE at all. Some will want a knock done price to "renovate" it, to modern specs. Comfort conditions and expectations are rising and expectations of low running cost are too. The point? Improved comfort and running costs "do impact".
But still related.
I
IMM
Well Andy, can't you stop being thick then? ;-)
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