Real Estate Value Solar Panels

Solar pv systems provide financial benefits and are financially feasible in some areas.

Real estate value solar panels.

Solar rooftop panels can boost your home s value and lower an electricity bill. During the past year homes with solar energy systems sold for 4 1 more on average than comparable homes without solar power. Engaging a skilled appraiser that understands solar photovoltaics and how to value them is a smart move before the purchase. Recognizing that solar power systems add value to a property the real estate industry is working to create more sophisticated methods for accurately determining the market value of solar as well as the financial value of properties equipped with solar power systems.

Learn more about how solar panels increase property values. For the median valued home that translates to an additional 9 274. Not only can adding solar panels to a home save energy costs and help the environment it also can potentially increase a home s value. Real estate information provider zillow found that new jersey pennsylvania and north carolina offer the highest.

Says real estate agent aaron zapata of inman according to fha and fannie mae whether solar panels add value or are viewed as a liability is still unclear while many websites selling solar will lead you to believe it s the best possible investment for your home the true benefits of solar especially for a potential buyer interested in your home depend on quite a few factors.