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Every EcoBroker or NAR Green designee will have a different answer, but here are my favorite top three:
I hope some of these ideas help someone, somewhere! I can't wait to hear what others have to say! Post away!
--TMC
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Banks are increasingly recognizing the fact that a homeowner who spends money to improve the energy efficiency of their home ends up have extra money in their pocket at the end of the month - and this can help tip the balance in your favor of getting a higher mortgage amount with an Energy Efficient Mortgage.
Fannie Mae has published the following comparison of a standard home mortgage to an energy efficient home mortgage. Keep in mind this was published a while ago and mortgage rates are even LOWER right now, so your savings could be higher.
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Non Energy Efficient Home |
Energy Efficient Home |
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Purchaser Price |
$200,000 |
$203,000 |
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Borrower Contribution |
$6,000 |
$6,090 |
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Loan Amount |
$160,000 |
$162,400 |
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Interest |
5.85% |
5.85% |
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Monthly PITI |
$1673 |
$1698 |
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Average electric Bill |
$186 |
$93 |
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Total Expenses |
$1859 |
$1791 |
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Qualifying Income |
$49,000 |
$48,584 |
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Monthly Savings |
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$68 |
Note this example also assumes a builder will charge more for an energy efficient home, but as competition increases and technology improves this is becoming less of a factor. Again, this means your savings could be even higher!
For more information, see CyberGreenRealty's blog.
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From my blog on 06/23/09:
"The Massachusetts Water Resources Authority and the Arlington Department of Public Works have released their annual Water Quality report for 2008, as mandated by the EPA. The results are excellent – we’ve got some of the best drinking water in the nation! For the 120 contaminants that are tested for, utilizing thousands of samples every week, every EPA standard was met and the lead test results show that MWRA has exceeded the federal Lead Action Level standards."
For more information, read my blog at CyberGreenRealty's Blog on Wordpress.
-TMC
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From my blog post on 6/24/09:
"If you live in the Commonwealth of Massachusetts, you may be eligible for a MassSAVE HEAT Loan, providing you with the opportunity to get a 0% loan for the installation of qualified energy efficient improvements in your home. The loan amount can not exceed $15,000 and the term of the loan can not exceed 7 years. To apply for the loan, you must OWN and OCCUPY a one-to-four family residence and obtain a Home Energy Assessment through the MassSAVE program."
For more information, read my blog at CyberGreenRealty's Blog on Wordpress.
-TMC
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If you would like pictures or listing sheets of the properties below please e-mail me at TucciRealEstate@gmail.com or call my cell (617) 816-7603.
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MLS #: 70906269 | Status: ACT | DOM: 64 | Rent Price: $1,000 | List Date: 4/21/2009 | |||
| 2 Arizona Terrace U:3 Arlington, MA 02474 |
Rooms: 3 | Bedrooms: 1 | Baths: 1 / 0 | |||||
| Style: Condominium | Living Area: 586 | Deposit/Reqd: $600/Yes | Rnt Term: Lease | |||||
| Remarks: Commuters dream with tons of extras!! Immaculate 1 bedroom condo in complex with pool, laundry room and parking! Conveniently located directly off Rt. 16, minutes to Routes 2 & 93....Unit was extremely well maintained with new wall to wall carpet, hardwood floor in kitchen and eating area, new paint throughout and wall A/C. Owner will leave ... | Heat: Electric | AC: Yes | ||||||
| Rnt Includes: Heat, Hot Water, Water, Refuse Removal, Snow Removal, Grounds Maintenance, Swimming Pool | ||||||||
| Orig. Price: $1,100 | ||||||||
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MLS #: 70935486 | Status: ACT | DOM: 12 | Rent Price: $1,300 | List Date: 6/12/2009 | |||
| 68 Brooks Ave U:1 Arlington, MA 02474 |
Rooms: 5 | Bedrooms: 2 | Baths: 1 / 0 | |||||
| Style: Apartment | Living Area: 1200 | Deposit/Reqd: $1300/Yes | Rnt Term: Lease | |||||
| Remarks: Available September 01, 2009. - Fab. Location near Bike Path and Red Line Unit features Hardwood floors, CA, storage in basement. Newer Stove and Refrig. Parking for one car. | Heat: Gas | AC: Yes | ||||||
| Rnt Includes: Hot Water, Water | ||||||||
| Orig. Price: $1,300 | ||||||||
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MLS #: 70920624 | Status: ACT | DOM: 37 | Rent Price: $1,350 | List Date: 5/18/2009 | |||
| 155 Madison Ave U:155 Arlington, MA 02474 |
Rooms: 5 | Bedrooms: 3 | Baths: 1 / 0 | |||||
| Style: Apartment | Living Area: 1152 | Deposit/Reqd: $1350/Yes | Rnt Term: Lease | |||||
| Remarks: Lead certified 5 room 3 bedroom apartment on the Arlington/Lexington line. Steps to the new McClennan Park. Peirce School District. Walk to Res. | Heat: Electric | AC: No | ||||||
| Rnt Includes: Water, Sewerage Disposal, Refuse Removal | ||||||||
| Orig. Price: $1,375 | ||||||||
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MLS #: 70898047 | Status: ACT | DOM: 82 | Rent Price: $1,450 | List Date: 4/3/2009 | |||
| 78 Highland Ave U:78 Arlington, MA 02476 |
Rooms: 5 | Bedrooms: 2 | Baths: 1 / 0 | |||||
| Style: Apartment | Living Area: 1236 | Deposit/Reqd: $1450/Yes | Rnt Term: Lease | |||||
| Remarks: Beautiful 5 room 2 bedroom apartment on the first floor of a 2 family house. Newer windows throughout. Built-inb hutch in dining room. Harwood floors. Limited storage in basement. 1st floor washer hookup, dryer hookup in basement. | Heat: Gas | AC: No | ||||||
| Rnt Includes: Water, Sewerage Disposal, Refuse Removal | ||||||||
| Orig. Price: $1,450 | ||||||||
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MLS #: 70915991 | Status: ACT | DOM: 46 | Rent Price: $1,600 | List Date: 5/9/2009 | |||
| 975 Massachusetts Ave. U:305 Arlington, MA 02476 |
Rooms: 4 | Bedrooms: 2 | Baths: 2 / 0 | |||||
| Style: Condominium | Living Area: 963 | Deposit/Reqd: $1600/Yes | Rnt Term: Lease, Tenant at Will, Short Term | |||||
| Remarks: Quiet, end unit at the Rembrandt overlooking foliage and brook. Freshly painted, cleaned and ready for occupancy. Two bedrooms, 2 full baths and 2 parking spaces. Lots of closets. In-unit washer/dryer is included. Relax in the fitness room, recreation/function room, roof top deck or garden area. Close to Arlington Heights and Center. Secure, ele... | Heat: Electric | AC: Yes | ||||||
| Rnt Includes: Water, Recreational Facilities, Extra Storage | ||||||||
| Orig. Price: $1,800 | ||||||||
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MLS #: 70881134 | Status: ACT | DOM: 117 | Rent Price: $1,750 | List Date: 2/27/2009 | |||
| 264 Massachusetts Ave U:307 Arlington, MA 02474 |
Rooms: 4 | Bedrooms: 1 | Baths: 1 / 0 | |||||
| Style: Condominium | Living Area: 777 | Deposit/Reqd: $1750/Yes | Rnt Term: Lease | |||||
| Remarks: Best in quality, size, parking and ammenities. In unit laundry, secure building, parking spot guarenteed! New hardwood floors, black granite counters and light maple (solid wood) cabinets. Beautiful, stainless steel on black appliances, all top quality. 1 bedroom plus a true study. Great light! Spacious bath and closet area. Full A/C and forced... | Heat: Gas | AC: Yes | ||||||
| Rnt Includes: Water, Sewerage Disposal, Refuse Removal, Snow Removal, Grounds Maintenance, Garden Area | ||||||||
| Orig. Price: $1,750 | ||||||||
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MLS #: 70899609 | Status: ACT | DOM: 78 | Rent Price: $2,100 | List Date: 4/7/2009 | |||
| 305 Summer St U:305 Arlington, MA 02474 |
Rooms: 6 | Bedrooms: 3 | Baths: 1 / 1 | |||||
| Style: Single Family | Living Area: 1600 | Deposit/Reqd: $2100/Yes | Rnt Term: Lease | |||||
| Remarks: 2 story Cape with large back deck, small side yard, and tandem parking for 2 to 3 cars. Located on busy street (Summer St) in Stratton District , 1 Bedroom & full bath on first floor, 2 Bedrooms & half bath on top floor. Newly sanded & finished oak floors throughout. Full laundry and partially finished basement space for ample storag... | Heat: Oil | AC: | ||||||
| Rnt Includes: Refuse Removal | ||||||||
| Orig. Price: $2,200 | ||||||||
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MLS #: 70924645 | Status: ACT | DOM: 28 | Rent Price: $2,100 | List Date: 5/27/2009 | |||
| 25 Sagamore Road U:1 Arlington, MA 02476 |
Rooms: 6 | Bedrooms: 3 | Baths: 1 / 0 | |||||
| Style: Apartment | Living Area: 1344 | Deposit/Reqd: $2200/Yes | Rnt Term: Lease | |||||
| Remarks: House for rent. Located in quiet area, yet easy access to Route 2. Good size yard with a large deck to enjoy your summer evenings. No smokers or pets. | Heat: Oil | AC: | ||||||
| Rnt Includes: Sewerage Disposal | ||||||||
| Orig. Price: $2,200 | ||||||||
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MLS #: 70920912 | Status: ACT | DOM: 37 | Rent Price: $2,500 | List Date: 5/18/2009 | |||
| 23 Oxford St U:2 Arlington, MA 02474 |
Rooms: 4 | Bedrooms: 2 | Baths: 1 / 0 | |||||
| Style: Apartment | Living Area: 1100 | Deposit/Reqd: $2500/Yes | Rnt Term: Lease | |||||
| Remarks: LOCATION, ..EVERYTHING INCLUDED..Fabulous, Best in quality, 2 bedrooms apartment in the heart of East Arlington, steeps away from Mass Ave, Capitol theater and all the wonderful shops. Second froor of a two family, owner accupied. New construction, hardwood floors, granite counter top. Beautiful, stainless steel appliances, all top quality. Grea... | Heat: Gas | AC: No | ||||||
| Rnt Includes: Heat, Hot Water, Electric, Water, Sewerage Disposal, Snow Removal, Grounds Maintenance, Extra Storage, Garden Area | ||||||||
| Orig. Price: $2,500 | ||||||||
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MLS #: 70880772 | Status: ACT | DOM: 118 | Rent Price: $2,900 | List Date: 2/26/2009 | |||
| 29 Cheswick Road U:29 Arlington, MA 02474 |
Rooms: 9 | Bedrooms: 3 | Baths: 2 / 0 | |||||
| Style: Single Family | Living Area: 1979 | Deposit/Reqd: $2900/Yes | Rnt Term: Lease | |||||
| Remarks: FOR RENT...Gracious, Spacious & Sunny - Two full baths & 3 bedrooms - 9 room beautiful Colonial on a desirable corner lot in Kelwyn Manor area of Arlington. Great flow. Updated kitchen, hardwood floors, fireplace, sunroom, patio, decks, & a fenced in yard. Nice home for entertaining. SUPERB LOCATION! Walk everywhere! Near center, par... | Heat: Gas | AC: Yes | ||||||
| Rnt Includes: Sewerage Disposal, Occupancy Only | ||||||||
| Orig. Price: $2,900 | ||||||||
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MLS #: 70918201 | Status: ACT | DOM: 42 | Rent Price: $3,500 | List Date: 5/13/2009 | |||
| 315 Lake St U:0 Arlington, MA 02474 |
Rooms: 9 | Bedrooms: 4 | Baths: 2 / 1 | |||||
| Style: Single Family | Living Area: 2101 | Deposit/Reqd: $3500/Yes | Rnt Term: Lease | |||||
| Remarks: Home has a detached 2 car garage, all hardwoo floors, new windows, newer furnace and seperate hot water tank. Master bedroom has it own master bath. Fireplace in formal living room and fireplace in family room in walk out basement. Easy access to major highways Home also has a library with built-in shelves and a cedar closet. Home also has alot ... | Heat: Oil | AC: | ||||||
| Rnt Includes: Refuse Removal | ||||||||
| Orig. Price: $3,500 | ||||||||
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MLS #: 70919564 | Status: ACT | DOM: 40 | Rent Price: $4,500 | List Date: 5/15/2009 | |||
| 30 Lake Shore Drive U:30 Arlington, MA 02474 |
Rooms: 7 | Bedrooms: 3 | Baths: 2 / 0 | |||||
| Style: Single Family | Living Area: 1962 | Deposit/Reqd: $4500/Yes | Rnt Term: Lease | |||||
| Remarks: Waterfront Magical English cottage between the banks of the upper and lower Mystic lakes. Million dollar views from this piece of paradise. Renovated sunsplashed home with lots of character and charm. Possible furnished rental. | Heat: Gas | AC: | ||||||
| Rnt Includes: -- | ||||||||
| Orig. Price: $4,500 | ||||||||
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MLS #: 70931716 | Status: ACT | DOM: 14 | Rent Price: $6,000 | List Date: 6/10/2009 | |||
| 1 OLDHAM RD. U:1 Arlington, MA 02476 |
Rooms: 10 | Bedrooms: 4 | Baths: 2 / 1 | |||||
| Style: Single Family | Living Area: 4170 | Deposit/Reqd: $6000/Yes | Rnt Term: Lease | |||||
| Remarks: LOCATION, LOCATION, LOCATION!MAGNIFICENT NEW COLONIAL WITH SWEEPING VIEWS OF GOLF COURSE.GRAND TWO STORY FOYER, DETAIL, ELEGANCE AND CHARM TYPICALLY FOUND IN OLDER HOMES.EVERY CONCEIVABLE MODERN AMENITY FOR TODAY'S LIFESTYLE.ULTRA CHEF'S KITCHEN OPEN TO F.P FAMILY ROOM WITH ARCHES AND COLUMNS.FUNCTIONING MUD ROOM WITH BACK STAIRS TO SECOND FLOOR... | Heat: Gas | AC: Yes | ||||||
| Rnt Includes: Refuse Removal, Occupancy Only | ||||||||
| Orig. Price: $6,000 |
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