Just before we begin demolition, an energy audit was performed. There are thousands of dollars available to homeowners who perform energy efficiency upgrades, it’s just a matter of applying for it.
An audit is performed before to measure the homes current efficiency level. Another is performed after the upgrades are completed to determine if efficiency targets have been met. You will get reimbursed for the costs of these audits. The picture below shows the blower test being conducted. The fan creates a draft in the house to expose all the areas suffering from air loss.
This energy audit was pushed back as late as possible, and its very important for you as a real estate investor to time this properly. You are given 120 days to perform the upgrades you intend on doing and in my case, the work will be extensive so we cannot afford to waste any of those days.
Keeping the budget under control is half the battle in a major renovation so collecting these rebates will go a long way.