Woo hoo! Accepted offer on house we are selling

[LostAbbott]

Originally Posted by forgop

From what we'll get back out of the house, I've already earmarked about $25k into a new HVAC system for our new house, possibly going with geothermal. I'd get a full 30% of the price back on taxes and would most likely cut the $400 gas bills the previous owner had last year down to less than $100 when all is said and done.

Totally go geothermal. It is bad ass. I looked into digging up my driveway and drilling two 300ft wells to run geothermal here in Seattle. Unfortunately the city does not like you drilling wells in the middle of town, nor does my wallet as it would have cost about $9000 per well.

[forgop]

Originally Posted by LostAbbott

Totally go geothermal. It is bad ass. I looked into digging up my driveway and drilling two 300ft wells to run geothermal here in Seattle. Unfortunately the city does not like you drilling wells in the middle of town, nor does my wallet as it would have cost about $9000 per well.

Getting bids starting on Friday-largest geothermal contractor in state for starters. Over the summer, I had some rough estimates given to me that a good system will run me $12-15k, but geothermal would run $25k. With the full 30% with no cap, my out of pocket cost difference might well be less than an additional $5k out of pocket. Throw in I plan on being here 15+ years, and it sounds like my ROI would do quite nicely.