Lower heating and cooling bills every month
How? The house actually grew bigger
PNM Rebate of $500.00
Tax Credit of $280.00 comes right off what the owner owes (like we owe the IRS) on their tax bill
Increased the value of the house by $17,325.00
Here is the math:
Originally the house measured 30 feet by 40 feet or 1,200 square feet
Now because of 2 of foam and 1 of stucco, the house measures 30½ feet by 40½ feet or 1,235.25 square feet
When the house was purchased, the owner paid $500 per square foot
By increasing the size by 35.25 square feet, the house increased in value by $17,325.00