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Updated almost 14 years ago,
Offering free heat?
What's up BP Members?:-)
I'm a newbie from Philly, PA looking for some general opinions on a question.
I have yet to purchase my first investment property, and I've never bought or owned a home so I'm not really familiar with the heating costs of a regular 3 bed 1 bath rowhome. I currently live in one with my parents and every winter I hear them complain about how high their heat bills are (gas heat from the city). We live in an urban area of north Philly and I often hear neighbors in general complain about expensive gas costs also. Due to this I'm thinking of offering free heat in my first SFR because it seems to be a high demand for it.
So my question is, how high do gas bills actually go over the course of a month in urban, city areas in the winter?Are we talking between $200-300 or higher than that?
Thanks in advance for any answers, and please excuse my rookie ignorance lol