Considering adding solar to your Texas or Colorado home? While these home solar systems are an investment, they can save you a lot of money throughout their lifetime. And, if you ever elect to sell your home, solar panels can go a long way in boosting the value of your property!
If you’re learning about solar panels with the intent to buy a house with one of these amazing solar PV systems already installed, we’re thrilled for you! Solar offers a myriad of benefits. We’re also here to help, as we know solar can sometimes have a learning curve. When you’re prepared, you’ll be able to reap the rewards of your solar energy system in your Denver or San Antonio home. Let’s dive into some key things to know when buying or selling a house with solar!
1. SOLAR INCREASES PROPERTY VALUE
Did you know that solar panels reliably increase the value of a property? Solar real estate is increasing in popularity, meaning solar home value is also on the rise. According to a study from Zillow, median-value homes tend to sell for 4.1% more than similar houses without solar, which amounts to an extra $9,274!
2. SOLAR IMPROVES RESALE PROSPECTS AND SPEED
While every market is different, solar often attracts attention from more prospective buyers as well as those who might be more motivated because there are fewer homes with solar than without.
If owned outright, a solar system always contributes to the value of a property. When a solar energy system is leased however, the home’s value is the same as if it didn’t have solar, according to a report from the Lawrence Berkeley National Laboratory. For this reason, it’s important to find out everything you can if considering purchasing a home with solar to gauge the true value of the property.
If you’re motivated to install a solar system on your current house, professional solar installers like our team at CAM Solar will be able to help you get the best overall cost on your system with a variety of state and federal incentives. Just ask us how!
3. BUNDLING SOLAR WITH OTHER GREEN HOME IMPROVEMENTS BOOSTS VALUE
Besides the advantages of producing your own electricity, homebuyers increasingly value “green” upgrades that benefit the inhabitants and the environment alike. Combining solar with a solar battery (or multiple batteries!) like the Tesla Powerwall or Enphase Encharge, Passive Home certification, energy efficient appliances, and more will create an overall favorable impression with interested buyers, while also saving you money and lowering your impact on the environment.
GET STARTED WITH CAM SOLAR!
Whether you’re buying a home, or looking to increase your home’s value right now, CAM Solar has you covered. We’ve worked with countless homeowners from Fort Collins, CO all the way down to San Antonio and Austin, TX to help them enjoy a comfortable, healthy, and efficient home thanks to their solar PV systems. Our experienced installers are well-trained in solar technologies, customer service, and more, plus, we’ll be there with you along every step of the way.