Research has consistently shown that having a solar system installed can increase the market value of a home, and typically by at least the cost of the system itself. Not only that though, solar panels can also help you sell your home 20% quicker than other homes that don’t have a solar system installed.
How solar systems are increasing the value of American homes
For prospective buyers, a home with a solar system already professionally installed, is a far more attractive prospect than one without, since it means that should they buy the property, they can start making energy savings right away, and do their bit to help protect the environment by reducing the dependency on highly destructive fossil fuels.
Below are the two most significant factors that make a home with a solar system more appealing to buyers:
Why you should invest in solar panels if you’re selling your home
Simply put, an investment in solar panels – whether you start with 1kW of panels or 5kW – will always give you a good return on your investment by increasing the value of your home. As a seller with a solar system on your roof, you can reap all of the following rewards:
Below are some of the factors that determine how much the value of your home will increase by at the time of sale:
Below are some of the incentives buyers have for purchasing a home with a solar system:
With a customized solar energy system installed at their home, the buyer could also increase the value of the property as electricity prices go up, and there is the potential for them to receive a 200% return. In short, there are few (if any) financial investments that offer such a fantastic rate of return.
If you’re looking to invest in a solar power system and would like to know whether doing so would increase the value of your home; the answer is a resounding, yes. For more detailed information about having a solar system installed at your home, schedule a free, non-obligatory consultation with a solar power specialist in your locality.
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