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Does Having a Generator Improve the Value of a Home?

By
Real Estate Broker/Owner with Veritas Prime, LLC dba Veritas Prime Real Estate CT, NY, FL

Does Having a Generator

Improve the Value of a Home?

or

What It Means To Be Without Power

 

 

 GENERATOR

 

When buying a new home, you might be looking for a super gourmet kitchen, a luxury bathroom, extra bedrooms, great outdoor living space, a pool or tennis court, but does one ever seek out a home with a generator? Probably not too frequently, unless of course, you had lived without power for any length of time. One year, for us it was eight painful days!

 

As soon as we moved to the area, my husband started talking about buying a generator. But why? ... was the natural question, we never needed one before. Safety and peace of mind, was the natural response. Since hubby travels a lot for work, he wanted the family to be protected in case of a power outage.

 

Not having electricity for an evening may sound romantic (at first): eating by candlelight, family time without TV, or cozying up by the fireplace. If you are living in a sparsely populated area with private wells and septic systems, where snow, ice or winds might knock out your power supply for longer than a few hours, the “fun” aspect of a power outage goes out the window very quickly.

 

No power in a home with a well means NO WATER as the well pump is run by electricity. That in turn means no flushing and no showers. If you have an electric stove, it means no cooking, no morning coffee (horrors!). In winter, there is no heat, even if oil is your fuel as the furnace turns on with electric power as well. Of course, no phones and no internet. Our cell service is spotty; we have a Microcell (sort of a mini cell tower in our home) and yes, it’s plugged into an electric outlet. Forget about charging your phone.  Get the picture?

 

generatorAfter quite a few relatively quiet years, we were hit with serious power outages two years in a row, first by a rogue end-of-October snow storm, then by superstorm Sandy that devastated a good part of the New York City area and included us in CT. The first outage lasted four days, the second eight days.

 

Living conditions became trying very quickly. Bottled water vanished from all the nearby stores. We had time to fill bathtubs with washing water and were fortunate to be able to resort to pool water for flushing. With our propane gas stove, we were able to function minimally by preparing modest meals; fireplace was a good source for some heat, but not for the entire house. Luckily our tennis club had electricity and was a good place for showers. Our local supermarket was running on commercial generators, so frozen and perishable items were off limits. Some people moved to hotels in neighboring towns that had power, others chose to spend a few days in places like Florida (if they could get gasoline to drive away - gas stations need electric power too!).

 

generator generator

 

With the above scenario in mind, a generator became an enviable commodity. After those lengthy power outages, it was a popular item to be mentioned on a listing sheet of a home for sale in our area.

 

generator

 

Clearly, a generator could be added after purchasing a home, but the array of choices is almost dizzying, requiring good research. Installation of a larger size generator unit is not instantaneous and some of the smaller ones may either not do the job to the desired extent, or be downright dangerous if mishandled.

 

So, I would conclude that the presence of a generator should definitely make any homeowner feel more secure, but only if they have the proper unit for their home and know how to handle it properly. With the hurricane season upon us (Hermine on its way up the coast) and winter approaching, a generator is a serious consideration for your home.

 

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For Quality Solutions and Intellegent Answers to Your

Real Estate Needs or for Referrals, Consult With Olga

 

   

OLGA SIMONCELLI

Consultant

Real Estate Risk Management

203-482-2009 Cell

consultwitholga@gmail.com 

Visit My Website: www.thegoodrealestateagent.com

Your Local or Global Real Estate Consultant and “green broker. 

Candlewood Lake Real Estate

 

 

 

 

Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Olga,

Absolutely, it enhances the value of a home.  We have not had that many power outages around here, and they don't last longer than 4 hours.  However, it always reminds me of how reliant we are on electricity, when we can't turn on our gas stove without it...LOL A

Sep 03, 2016 11:26 AM
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Ron and Alexandra Seigel - Hi Alexandra - yes, quite ironic that even for a gas stove we need electricity. Luckily, an old fashioned match still works. 

Sep 04, 2016 06:06 AM
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

I was once without power for 8 days as well, but thank goodness we had a small generator and a gas stove.

Sep 04, 2016 08:51 AM
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Sybil Campbell - that was fortunate for you! We now have a large, powerful one as well. Maybe that alone will keep the outages from happening!

Sep 04, 2016 09:39 AM