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How much can a green roof add to the value of a property?

Started by allegrif, December 03, 2015, 03:35:38 PM

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allegrif

When compared to the price of constructing/installing/planting it? Does it increase the value of the property more than the cost of the green roof, or are you more likely to spend more on the roof than what you'd get back by selling the property at a higher price?

St Rhenium

[quote author=allegrif link=topic=208.msg518#msg518 date=1449156938]
When compared to the price of constructing/installing/planting it? Does it increase the value of the property more than the cost of the green roof, or are you more likely to spend more on the roof than what you'd get back by selling the property at a higher price?
[/quote]
How long is a piece of string? If it's a perfect candidate for solar and produces electricity very efficiently, then I'd imagine you'd be looking at a decent gain on investment. If you're facing the wrong direction, under a tree and in an area that always rains, then I don't think it'll raise your property value much at all!

Jemappelle

This is a more subjective part of the property. so potentially as low as 0 to some buyers. This isn't something like bedrooms which have set values, but is most desorative and wouldn't be appreciated by all. But for others potentially tens of thousands.