{"id":22327,"date":"2023-06-12T13:45:05","date_gmt":"2023-06-12T13:45:05","guid":{"rendered":"https:\/\/www.anthonydidonato.net\/wordpress\/?p=22327"},"modified":"2023-06-12T13:46:02","modified_gmt":"2023-06-12T13:46:02","slug":"a-primer-on-home-electric-vehicle-charging-stations","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/a-primer-on-home-electric-vehicle-charging-stations\/","title":{"rendered":"A Primer on Home Electric Vehicle Charging Stations"},"content":{"rendered":"\n<p>One of the newest amenities builders are including in housing developments to attract buyers is electric vehicle charging stations. Learn more about this feature that\u2019s growing in popularity among your clients.<\/p>\n\n\n\n<p><strong>Key Takeaways:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Developers are including charging stations in new multifamily buildings to future-proof their investment.<\/strong><\/li>\n\n\n\n<li><strong>Even if they\u2019re not installed in a new development, more builders are adding wiring to homes and buildings so charging stations can be added later.<\/strong><\/li>\n\n\n\n<li><strong>Options and costs vary so the amenity warrants good research.<\/strong><\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>As more car manufacturers add electric vehicles to their fleets, those who own or lease them know the value of having a charging station in their single-family house, multifamily condo, or apartment building.&nbsp;<\/p>\n\n\n\n<p>And their popularity is only expected to grow. A recent report by <a href=\"https:\/\/about.bnef.com\/blog\/electric-vehicles-accelerate-54-new-car-sales-2040\/\" target=\"_blank\" rel=\"noreferrer noopener\">Bloomberg New Energy Finance(link is external)<\/a> shows that by 2040, electric vehicles will make up the majority of new car sales worldwide and account for 33% of all light-duty vehicles on the road.<\/p>\n\n\n\n<p>Another factor fueling numbers may be the increase in companies manufacturing charging stations, says Cassie Layton, senior director of marketing at El Segundo, Calif.\u2013based <a href=\"https:\/\/www.evconnect.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">EV Connect(link is external)<\/a>, a firm that develops software for the stations\u2014what she calls the \u201cbrains behind the units.\u201d<\/p>\n\n\n\n<p>But exactly how important are charging stations to home buyers as they shop for their next home?<\/p>\n\n\n\n<p>\u201cIt\u2019s a plus but not a necessity\u2014yet,\u201d says real estate salesperson Stephanie Mallios, with <a href=\"https:\/\/www.compass.com\/agents\/stephanie-mallios\/\" target=\"_blank\" rel=\"noreferrer noopener\">Compass RE NJ(link is external)<\/a> in Short Hills, N.J., who works with buyers of single-family homes, townhomes, and condos. Many equate it to a hip amenity like a Nest thermostat, wine refrigerator, or yoga room, she says. \u201cIt shows the homeowners are cool, and that future buyers will have one less thing to do,\u201d says Mallios, who built two charging stations into her own home\u2019s garage.<\/p>\n\n\n\n<p>At the same time, it\u2019s wise to share with buyers that the amenity\u2019s appeal may be greater with cohorts of certain ages and certain geographic markets. For example, in San Diego, salesperson Ayush Vats with <a href=\"https:\/\/www.willisallen.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Willis Allen Real Estate(link is external)<\/a> says he is seeing more first-time millennial buyers actively look for houses with charging stations.<\/p>\n\n\n\n<p>It\u2019s among the top five features 60% to 70% of these buyers want, in part because they own an EV or intend to purchase one in the next year or so, Vats says. But it\u2019s also because of their ideology that they want to be green. As a result, he finds it\u2019s easier to market a house with at least one station, he says.&nbsp;<\/p>\n\n\n\n<p>But Vats finds that if a house lacks a charging station but has everything else a buyer wants, it doesn\u2019t kill the sale. Most stations he sees are located in a garage, but some are on the side of the house.<\/p>\n\n\n\n<p>Architect Joshua Zinder, a managing partner at <a href=\"https:\/\/joshuazinder.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">JZA+D(link is external)<\/a> in Princeton, N.J., is among those who think a station is a good investment. \u201cThe developers and builders we work with are considering support for EVs for all residential projects, both single- and multifamily,\u201d he says.<\/p>\n\n\n\n<p>Zinder also finds that EV-ready homes command a premium in most markets. He added to his home a charging station with a 110-volt outlet, providing an overnight charge for a range of 30 to 50 miles, which suits most of his day-to-day needs.<\/p>\n\n\n\n<p>However, salesperson Jeff Rosenbloom, with <a href=\"https:\/\/www.redoakrealty.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Red Oak Realty,(link is external)<\/a> has found that buyers in his East Bay area of San Francisco rarely make a station one of their top five criteria. If a home happens to have green features, that\u2019s good, but they\u2019re not seeking them out, he says. \u201cMaybe, they\u2019ll add one once they own a house, but usually only if it has solar panels,\u201d he says.&nbsp;<\/p>\n\n\n\n<p>When it comes to the multifamily housing market, charging stations seem to command a high level of interest, and more developers are including the feature or at least wiring buildings they\u2019re constructing so they can be added. \u201cIt\u2019s less costly to do so at the start of a project than as a retrofit,\u201d says developer David Goldman, co-CEO of Chicago-based <a href=\"https:\/\/belgraviagroup.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Belgravia Group(link is external)<\/a>, whose firm now designs all its multifamily buildings with stations. \u201cIt\u2019s not even a question if we do it anymore,\u201d he says. And <a href=\"https:\/\/dranoffproperties.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Dranoff Properties,(link is external)<\/a> in Philadelphia, included four at its One Riverside project and will have eight at its Arthaus development.<\/p>\n\n\n\n<p>Another reason developers are installing stations is that they\u2019re relatively inexpensive at the time of construction as long as the building or home has the electrical capacity. Then, it\u2019s the cost of the system, plus an electrician\u2019s hourly labor charge.<\/p>\n\n\n\n<p>However, in an existing building, installation costs more. Architect Jay Szymanski, a principal at <a href=\"https:\/\/www.architecturalteam.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">The Architectural Team (T.A.T.)(link is external)<\/a> in Chelsea, Mass., says the cost to install a two-port charger in some urban areas can be as much as $20,000. That may include an upgrade in capacity for the electrical load, according to Seth Cutler, senior vice president of technical operations at EV Connect, who says the typical upgrade costs between $1,500 and $7,500.<\/p>\n\n\n\n<p>Still, there are other reasons developers add them: In some municipalities and states, for example, it\u2019s become a requirement that new buildings include some, says Layton. Keith Gillan, president of Maryland-based <a href=\"https:\/\/murnproperties.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Murn Management(link is external)<\/a>, part of Murn, which also does development and construction for multifamily communities, says that\u2019s the case in Howard County, Md.<\/p>\n\n\n\n<p>Szymanski of T.A.T. says some cities and towns in Massachusetts are also mandating that developers include them in new multifamily properties, whether in Boston\u2019s historic Beacon Hill, mixed-use rental complexes, suburban settings, or senior and assisted living buildings. \u201cWe\u2019re now seeing projects where our team is asked to build in capacity and infrastructure for adding more stations in the future as well,\u201d he says.<\/p>\n\n\n\n<p>Manufacturers and utilities are also offering reimbursement incentives to make it enticing for building owners and homeowners to buy a station, though their programs differ, Layton says. Many developers take the attitude of maximizing savings for capital expenses and provide them to future-proof a building, she adds. \u201cIt\u2019s also a way for them to gain a competitive advantage in the same way individual washer-dryer units do in many markets,\u201d Layton says.<\/p>\n\n\n\n<p>Even some homeowners who don\u2019t yet own an EV gravitate to buildings and houses that have charging stations. \u201cThey want to know they can have one if they buy an electric vehicle,\u201d Goldman says.<\/p>\n\n\n\n<p>Calculating the number of stations needed for a multifamily building can require some experience and data. Goldman\u2019s firm is installing 12 spots with EV stations in its Triangle Square Condos development in Chicago, which will have a total of 72 units. The designated EV spots will cost $30,000. But the building is being designed so its electrical system can handle more if needed, even though Goldman anticipates that only 5% to 10% of buyers will opt for one, based on prior developments.<\/p>\n\n\n\n<p>Apartment building developers are hopping on the bandwagon. Gillan of Murn Management includes one station for every 20 apartments. \u201cYounger renters aren\u2019t willing to pay more to have one but expect it,\u201d he says. \u201cWe include it as an amenity, not a profit center.\u201d<\/p>\n\n\n\n<p>When guiding home buyers or renter clients, advise them to do their research. The biggest differences between varied charging formats are the voltage and the connection interface, says Szymanski. \u201cWith this kind of new and emerging technology, it\u2019s important for developers, owners, and operators to build in as much flexibility and adaptability as possible,\u201d he says. Gillan says it\u2019s also important to know what software a station uses, the rate at which it provides electricity, and how it\u2019s billed.<\/p>\n\n\n\n<p>\u00a9National Association of REALTORS\u00ae<br \/>Reprinted with permission<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of the newest amenities builders are including in housing developments to attract buyers is electric vehicle charging stations. Learn more about this feature that\u2019s growing in popularity among your clients. Key Takeaways: As more car manufacturers add electric vehicles to their fleets, those who own or lease them know the value of having a &hellip; <\/p>\n<p><a class=\"more-link btn\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/a-primer-on-home-electric-vehicle-charging-stations\/\">Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-22327","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>A Primer on Home Electric Vehicle Charging Stations - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/a-primer-on-home-electric-vehicle-charging-stations\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/a-primer-on-home-electric-vehicle-charging-stations\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/a-primer-on-home-electric-vehicle-charging-stations\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"A Primer on Home Electric Vehicle Charging Stations\",\"datePublished\":\"2023-06-12T13:45:05+00:00\",\"dateModified\":\"2023-06-12T13:46:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/a-primer-on-home-electric-vehicle-charging-stations\\\/\"},\"wordCount\":1323,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/a-primer-on-home-electric-vehicle-charging-stations\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/a-primer-on-home-electric-vehicle-charging-stations\\\/\",\"name\":\"A Primer on Home Electric Vehicle Charging Stations - 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that \u201cperfect\u201d property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently. When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting \u2013 or exceeding \u2013 his clients\u2019 expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame. For Superior Real Estate Representation in the Delaware Valley, Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania\u2026 call Anthony DiDonato.\",\"sameAs\":[\"http:\\\/\\\/www.anthonydidonato.net\"],\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/author\\\/admin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"A Primer on Home Electric Vehicle Charging Stations - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.anthonydidonato.net\/wordpress\/a-primer-on-home-electric-vehicle-charging-stations\/","twitter_misc":{"Written by":"admin","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.anthonydidonato.net\/wordpress\/a-primer-on-home-electric-vehicle-charging-stations\/#article","isPartOf":{"@id":"https:\/\/www.anthonydidonato.net\/wordpress\/a-primer-on-home-electric-vehicle-charging-stations\/"},"author":{"name":"admin","@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#\/schema\/person\/964792b6994e8cc4cbddc36ad4824908"},"headline":"A Primer on Home Electric Vehicle Charging Stations","datePublished":"2023-06-12T13:45:05+00:00","dateModified":"2023-06-12T13:46:02+00:00","mainEntityOfPage":{"@id":"https:\/\/www.anthonydidonato.net\/wordpress\/a-primer-on-home-electric-vehicle-charging-stations\/"},"wordCount":1323,"publisher":{"@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#\/schema\/person\/964792b6994e8cc4cbddc36ad4824908"},"keywords":["Anthony DiDonato","News","Real Estate","tips"],"articleSection":["News","Real Estate Tips"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.anthonydidonato.net\/wordpress\/a-primer-on-home-electric-vehicle-charging-stations\/","url":"https:\/\/www.anthonydidonato.net\/wordpress\/a-primer-on-home-electric-vehicle-charging-stations\/","name":"A Primer on Home Electric Vehicle Charging Stations - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania","isPartOf":{"@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#website"},"datePublished":"2023-06-12T13:45:05+00:00","dateModified":"2023-06-12T13:46:02+00:00","breadcrumb":{"@id":"https:\/\/www.anthonydidonato.net\/wordpress\/a-primer-on-home-electric-vehicle-charging-stations\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.anthonydidonato.net\/wordpress\/a-primer-on-home-electric-vehicle-charging-stations\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.anthonydidonato.net\/wordpress\/a-primer-on-home-electric-vehicle-charging-stations\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"http:\/\/www.anthonydidonato.net\/wordpress\/"},{"@type":"ListItem","position":2,"name":"A Primer on Home Electric Vehicle Charging Stations"}]},{"@type":"WebSite","@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#website","url":"http:\/\/www.anthonydidonato.net\/wordpress\/","name":"Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania","description":"Properties and Real Estate for Sale","publisher":{"@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#\/schema\/person\/964792b6994e8cc4cbddc36ad4824908"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"http:\/\/www.anthonydidonato.net\/wordpress\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":["Person","Organization"],"@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#\/schema\/person\/964792b6994e8cc4cbddc36ad4824908","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2020\/03\/anthony-110x150.jpg","url":"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2020\/03\/anthony-110x150.jpg","contentUrl":"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2020\/03\/anthony-110x150.jpg","caption":"admin"},"logo":{"@id":"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2020\/03\/anthony-110x150.jpg"},"description":"For all of your Real Estate needs, place yourself in the competent hands of a career Realtor who is a Philadelphia native and Delaware County resident. Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that \u201cperfect\u201d property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently. When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting \u2013 or exceeding \u2013 his clients\u2019 expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame. For Superior Real Estate Representation in the Delaware Valley, Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania\u2026 call Anthony DiDonato.","sameAs":["http:\/\/www.anthonydidonato.net"],"url":"https:\/\/www.anthonydidonato.net\/wordpress\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/www.anthonydidonato.net\/wordpress\/wp-json\/wp\/v2\/posts\/22327","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.anthonydidonato.net\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.anthonydidonato.net\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.anthonydidonato.net\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.anthonydidonato.net\/wordpress\/wp-json\/wp\/v2\/comments?post=22327"}],"version-history":[{"count":0,"href":"https:\/\/www.anthonydidonato.net\/wordpress\/wp-json\/wp\/v2\/posts\/22327\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.anthonydidonato.net\/wordpress\/wp-json\/wp\/v2\/media?parent=22327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.anthonydidonato.net\/wordpress\/wp-json\/wp\/v2\/categories?post=22327"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.anthonydidonato.net\/wordpress\/wp-json\/wp\/v2\/tags?post=22327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}