Skip to main content

Electric Cars is Now a House Accessory


The improvement in battery technology is affecting every industry in the world, and the real estate industry is no exception. Though they are many accessories that rely on this new battery technology, we are only going to cover one sector, and that is cars as it now relates directly to real estate. Before the only relation of vehicles to real estate was some homes were made with a single garage. When you started to get into two, three, four, or more garages then you were heading towards luxury houses. As we progress into every New Year, the realization that the average house standard will require an electric charging station to charge these new battery-powered cars is inevitable.

New house builders and old house renovators will be wise to start offering electric charging stations and solar shingles with new built. People who are into rehabbing old houses will also make their rehab more in demand by adding an electric charging station to charge these electric cars. Solar shingles are also a great asset to offset the long-run electricity cost to charge these electric vehicles.

Most people care about two essential things, and that is a place to live and transportation. With the invention of these electric cars, it is going to be hard to separate a house from a car because now they both will be connected. As the demand grows for electric vehicles, so will the market will develop for homes that have this charging station in place to charge these electric cars.

The current top nine car manufacturers to influence the change in the real estate industry with these electric vehicles are Tesla, Jaguar, Audi, BMW, Nissan, Chevrolet, Ford Mustang, Volkswagen, and Kia. 

Comments

Popular posts from this blog

Downsizing for Retirement

“I met my girlfriend in college who later became my wife. After we both graduated from college and pursue our careers we thought of having kids. After about five years we were able to save enough money to make a down payment for the house of our dreams. We got a single-family colonial 5 bedroom house. At the time we wanted a house big enough that we could raise a family. Our kids are all grown now and have started their own families. We do not see them much other than sometimes on Christmas. Though we have created lasting memories in the house it is feeling too big to manage and maintain. Both my wife and I have both been retired for a few years and are on limited retirement benefits. I have arthritis in my knee and it is perplexing to climb the steps every day to go up to my bedroom that often time I sleep on the sofa in the family room. When I was younger it was easier to do things around the house but climbing ladders, mowing the lawn, snow removal, etc., is too much at my age. The ...

First-timer Almost Expense Free

Real estate is considered the best investment that the average person will benefit from in their lifetime. It is usually considered to be a long-term investment. So it is always best to determine the longest time you would live at the proposed property. It is not a good idea to buy a house to keep for less than two years unless you obtain it way below market value. Many people struggle with when is the right time to purchase. In determining the right time to buy are the purchase price, personal stability, and future market conditions.  Some mortgage companies made it now possible for first-time homebuyers to get loans to buy four-unit buildings with the use of first-time home buyer’s credit. The credits are designed to make homeownership easier, so they come in federal and state grants, tax credits, and other options. The credits with the residential classification of the multifamily building of 4 units or less make it possible for mortgage companies to fund the purchase of these b...

Solar Panels a Necessity

More and more homes are popping up with solar panels on their roofs. It seems to be the new fad, but it is not exactly. Some people are only getting wise to use the sun for more than light, warmth, vitamin D, and a great tan. The sun supplies free energy that solar panels can catch and redistribute it into electricity to power up their home. Today’s home demands electronics, electrical equipment, appliances, and power for electric cars. Those demands cause higher demand on the power grid of your region. In the United States, the government, both federally and locally, is trying to influence all homeowners to get solar panels installed on their homes by giving a tax credit to those who use solar panels' alternative energy. The power companies do not see solar panels as the competition, but as assistance in that, they will, in turn, buy your excess energy produced by your solar panels. It is a no-brainer to get solar panels when your home is all-electric, and you have an electric car...