California plan to make new buildings greener will also increase costs
But in other places like San Bernardino, a much poorer city east of Los Angeles, where the typical house sells for around $ 529,000, the cost of solar panels and batteries can be a greater burden on residents. home buyers.
“If we push it and do things that are modern, efficient, and environmentally friendly, we tend to be able to do it in Los Angeles,” Mr. Marini said. “This is not entirely true in the rest of the country. We can’t do that in San Bernardino. In the end, the consumer absorbs the cost.
Sycamore Square townhouses were the last developed in San Bernardino before the solar mandate came into effect last year. Glenn Elssmann, a project partner who hired Mr Marini’s company as a contractor, said the additional cost of solar needs would have made building the development impossible. Sycamore Square homes started at $ 340,000 for the four-bedroom, three-bathroom units and hit $ 370,000.
Jimmie Joyce, 44, who works payroll in the Los Angeles County Department of Public Health, will soon close the purchase of a home in Sycamore Square after trying for nearly a year to buy closer Inglewood, a town close to the Los Angeles International Airport where he currently lives. Its journey will likely decrease from around 40 minutes to an hour and a half.
“I myself didn’t even plan to move that far,” Joyce said. “The way the market is, people are bidding up just to try and get into things.” He said he made an offer of $ 10,000 to $ 15,000 more than the asking price for a house which resulted in more than 70 offers, including one for $ 60,000 more than his own.
His new home is already expensive for him, he said, and adding an additional $ 10,000 to $ 20,000 for solar power, a battery and other equipment “would make that much more difficult.”