1/28/2023

Academic journal: A Geothermal Heat Pump Can Increase the Value of Your Home

Installing a geothermal heat pump in a single-family home can significantly raise the property's value. A study by Aalto University shows that homes equipped with a geothermal heat pump are sold, on average, at a price 5.33% higher than others. While the installation of a geothermal heat pump can cost over €20,000, this investment can pay for itself, especially in areas where property prices are higher.

A Geothermal Heat Pump Increases Home Value – Will Your Home Be the Next to Benefit?

A geothermal heat pump is one of the most efficient ways to heat your home. Did you know it can also significantly boost your home’s value? According to a study by Aalto University, single-family homes with geothermal heat pumps are sold, on average, at 5.3% higher prices compared to those with other heating systems.

Helsingin Sanomat reported on this study on January 28, 2023: Read the news article (FI)

Why Is a Geothermal Heat Pump So Profitable?

The secret of a geothermal heat pump lies in its energy efficiency. It uses the earth’s heat, which remains stable throughout the year, and generates up to four units of heat for every unit of electricity consumed. This makes it an incredibly efficient and eco-friendly heating system.

Learn More: The ABCs of Geothermal Heating

Many homeowners consider installing a geothermal heat pump but are concerned about the high upfront cost. It’s true that installing a geothermal heat pump can cost over €20,000 for a single-family home and hundreds of thousands for larger buildings. However, this investment can be recouped in the home’s sale price. For example, in the Helsinki area, the increase in home value from a geothermal heat pump can cover the entire investment.

Helsingin Sanomat published news about the journal on 28.1.2023

Is It Worth Investing in Geothermal Heating?

The study indicates that a geothermal heat pump is particularly profitable in areas where home prices are high. In such locations, the investment can pay for itself when the home is sold. In areas with lower property values, energy savings typically take around 5–10 years to fully recoup the investment.

If you’re considering replacing your home’s heating system, a geothermal heat pump is definitely worth considering. Not only does it reduce heating costs and shrink your carbon footprint, but it can also significantly raise your home’s value.

A geothermal heat pump is a smart choice for both the environment and your wallet. It increases your home’s value, reduces energy costs, and is a long-term investment in the future. Best of all, this investment could make your home even more attractive to the next buyer. So, if you’re thinking about an energy upgrade, a geothermal heat pump might be the right choice!

Disclaimer: The author of the study, and interviewee in Helsingin Sanomat, Jussi Vimpari, is the CEO of Apex Heat.