All Forum Posts by: Alice Wiedler

Yeah, it's interesting cause you occasionally stumble across these articles that say that the EV charging station will definitely increase your residential property value (some would even use the word ''significantly'') but when it comes to real-life experience, I didn't really see this being confirmed. I guess, it really depends on location, and is more of a long-term investment. 

It's a valid concern for sure. Waste transfer stations can impact the quality of life for your tenants and therefore decrease the desirability of the units. In terms of economic impact, yes, it can definitely bring jobs, however it's crucial to understand the nature of these. Often times the majority of those are temporary positions during the construction phase, with workers abandoning the area shortly after it's all set.

Overall, the perception matters. Even if the station operates within all environmental guidelines, and there are no significant issues with smell, noise etc., people might still be put off by the perspective of living close to it.

In my experience, it's a mixed bag. I've seen areas where industrial development did lead to a brief spike in housing demand due to job creation, but often, the longer-term implications, especially for residential properties, weren't as positive.

I personally don't have experience with such scenario in a rural setting though, so maybe that could be an offsetting factor.

Hope this provides some insight. Best of luck with your property!

How does installing EV chargers on residential property affect its total value? I get that with commercial properties, like shopping centers, it's pretty straightforward - EV owners are more likely to hit up your shop, stay there more time, which will more likely result in more purchases. But how does it truly affect the residential property owners who sell or rent it?  Is there any clear correlation between the presence of the EV charger and the increased property value?