Home : Blogs : Marlene Pellegrini REALTOR® ERA REALTY PROs - Eastern Connecticut : Marlene's Eastern CT Home Blog

Marketing a Home with Electric Heat... A positive or a negative?

Marketing a home with an electric heating system here in Connecticut, the northeastern part of the US use to be a turn off for potential buyers. However, with the price of gas and oil these days, now it is not such a bad deal.

I currently have a house listed that has electric heat and the seller showed me her electric bill. She pays $220 per month - and this amount is averaged out from the previous year's electrical service use and paid in a monthly plan. Now remember, this bill doesn't just include heating the place, it also includes all of the electricity used in the house.

In comparison,

I have a neighbor with a heating system that is fueled with oil. He is on a payment plan with his oil delivery company - which is $400 a month. My neighbor still has a monthly electric bill on top of this monthy oil bill.

Hmmm, that electric bill that my seller has doesn't look so bad!

Whatcha think?!?!?

~~~

About the Author:

Marlene Pellegrini is a licensed Realtor for Dan Sperduto Home Selling Team of Eastern Connecticut. Please feel free to contact Marlene to find out more about the UNIQUE and successful marketing systems used by this award winning team of Realtors.

ERA REALTY PROs

170 Flanders Road ~ Niantic, CT 06357 ~ (860) 886-7000 x121

106 Westcott Road ~ Danielson, CT 06239 ~ (860) 779-1943 x121

Direct (860) 884-6169 ~ Fax (860) 691-5011

Posted by Marlene Pellegrini REALTOR® ERA REALTY PROs - Eastern Connecticut on 10/08/2008 09:48 AM

Comments (5)

Electric Heat in the ActiveRain Channel

heating systems, listing, electric bill

Post is included in group: Addicted to Active Rain
Post is included in group: Almost Anything Goes
Post is included in group: Dedicated Bloggers
Post is included in group: LATE NIGHT - EARLY MORNING AT ACTIVERAIN
Post is included in group: The Lounge at Active Rain

5 Comments on Marketing a Home with Electric Heat... A positive or a negative?

OCT

2008

I opted for all electric in my new home in 2005. I prefer the heat pump to gas heat. Of course, our winters are not as bad as CT, but I'm quite comfortable.

3,800 square feet plus basement and my elec. bills average $180 a month.

However, gas heat, even propane, sells homes here.

Marlene, I'm not sure which electric heating system you're talking about. Electric baseboard or heat pump. Electric baseboard are a death knell around here. Heat pumps are acceptable, especially the newer systems. In any case, that's a great electric bill.