car
Request service

Do you need to schedule a service or speak with an expert?
Use the form below and send us a message.
Have an Emergency? - For immediate response, please CALL US at 915-585-0909 .
After hours and weekends, we have a dispatcher who will contact the on-call service technician.

Free estimate
Financing
FAQ
Serving all of El Paso and Las Cruces areas
 Schedule service  Call Today 915-585-0909
Total Air: Blog

Total Comfort. Total Savings. TOTAL AIR!

Back

On Average, Government Regulations Add $85,000 to New Home Prices

on-average-government-regulations-add-85-000-to-new-home-prices

In a report published by the Washington Free Beacon, an in-depth investigative magazine that reports on a wide range of issues, including public policy and government affairs, they uncovered that state and federal regulations are responsible for adding almost $85,000 to the final price of a new single-family home. The report, founded by the National Association of Home Builders, states that regulations implemented during the development phases are responsible for approximately 25% percent of the total cost of the home’s finished costs, including lot fees.

“Regulations come in many forms and can be imposed by different levels of government,” says NAHB “At the local level, jurisdictions may charge permit, hook-up, and impact fees and establish development and construction standards that either directly increase costs to builders and developers, or cause delays that translate to higher costs.”

This may not be as high in El Paso, however, it certainly explains why new home prices are so high and why it may be better to buy an existing home and fix it up. New HVAC and other upgrades are investments immediately applied to an existing home purchase, unlike the fees accessed by the government when building new. Your ROI (return on investment) for these upgrades start immediately, as compared to the price of the governmental regulations.

In addition to the hit on your wallet from fees, buying an existing home usually means you live closer to work, schools, family, shopping, etc. This is a definite savings on time and money. New construction in outlying areas part of an “urban sprawl,” is often less convenient when it comes to daily travel and convenience.

Total Air is not recommending that you don’t build a new home. We are simply educating you on these facts of hidden new home construction fees and inconvenience.

If you are in need of an inspection or free estimate on a new system, refrigerated air conversion or other HVAC need in El Paso or Las Cruces, call Total Air at 915-585-0909.


Back

Top rated and reviewed by our customers

Ratings on social sites and many other review websites, in fact Total Air have more 5 Star Ratings than any other HVAC company in the area.