If you’re selling your Florida home and are wondering whether to make any investments to help attract buyers or increase its value, you might have considered having an energy saving, environmentally friendly solar system installed. But would it be worth it? Alternatively, your home might already have solar panels and you’re unsure as to whether you can ask for more from buyers because of it?
To answer both of these questions, let’s take a closer look at some of the things to keep in mind when selling a Florida home with a solar system installed:
In most cases, solar systems do increase a property’s value
With this in mind, if you haven’t already made the switch to solar, it could see you sell your home for more, although you’d have to discuss it in detail with your realtor to find out whether the return on your investment would be high enough.
If your home already has a solar system installed and you own the panels instead of leasing them, you could see the value of your home increase by as much as $30,000. As mentioned above, an estimator or real estate agent can help you determine exactly how much more you stand to gain from having a home with a solar system.
Use the solar system to market your home
If your home has a solar system or you’ll soon be having one installed, be sure to use it as a prime selling point to attract buyers looking to reduce their carbon footprint and their energy bills. While a lot depends upon the size and age of your solar system, in general, a home in Florida with solar panels sells 20% faster than similar properties without such a system installed.
Have your real estate agent take some pictures of the system and make sure they’re included in the listing. You could even illustrate the savings that the system has produced for you on a monthly or annual basis, to help tempt eco conscious buyers even more.
If your panels are leased, be clear about their financing
Many Florida homeowners have leased their solar panels, and while this is a perfectly good idea, it’s still important to make buyers aware of how your financing has progressed. This way you can be upfront with potential buyers and help them feel more comfortable about purchasing your home.
In response to the question of whether solar panels can help you sell your Florida home, the answer is almost always a resounding, yes. Not only can they make your home appear more attractive to buyers, but they can help you sell it for a higher price, and who wouldn’t want that?!
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