When buying or renting a home, the way we look at the associated costs may be misleading. Rarely are all of the expenses of buying or renting AND operating a home taken into consideration. This total cost of ownership is what really should be considered and Kerry Langley with Project TCO (Total Cost of Ownership) has a tool to change that.
Project TCO is a program to help get a more accurate picture of what the true costs of a home will be, especially when building or buying a home. Typically, mortgage associated expenses are where most of the effort is spent – interest, closing costs and fees, insurance. Rarely included in the buying process are the rest of the expenses of owning and operating a home – utilities (natural gas, electricity, water, sewer, trash, communications/cable), maintenance and repairs. It is this total cost of owning a home that truly allows buyers to compare the costs of homes.
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Connect with The Green Gab Podcast Hosts:
About the Hosts of The Green Gab Podcast:
Green Gab Podcast Host Marla Esser Cloos is the Founder of The Green Home Coach – a copany leading the way to inspire you to learn about, focus on and put into place Green Solutions when it comes to your life, home building and more.
Marla is an NAHB Master Certified Green Professional, LEED AP and Missouri Woman Business Enterprise. She Earned her B.S. in Engineering and Public Policy and a Certificate in Energy from Washington University.
Click here to learn more about Marla at her website online via TheGreenHomeCoach.Com
Green Gab Podcast Host Tony Pratte is the Director of Builder/Contractor Relations at The Sound Room in St. Louis, Missouri.
Tony is a graduate of St. Louis University, Massachusetts Institute of Technology and has earned a Masters in Environmental Management & Sustainability at Harvard University
Tony’s 20+ year career has allowed to him to collect a number of experiences, connections and perspectives that offer an incredibly unique point of view that adds incredible value to each episode.