Do Houses With Solar Panels Sell For More

Solar panels can make a home more attractive to a particular set of buyers and help get an offer sooner and perhaps at a higher percentage of the list price says dan hamilton a top selling agent in palm desert california.

Do houses with solar panels sell for more.

Home sales if you own your solar energy system. For the median valued home that translates to an additional 9 274. That allows solar panel owners to sell back their unused solar energy to. The premium was calculated by comparing sale prices and listings from march 1 2018 to february 28 2019 controlling for bedrooms bathrooms square footage and location.

The latter is key for you to be able to track the energy production of your home s solar panels more on that later. Nationally homes with solar energy systems sold for 4 1 more on average than comparable homes without solar power. However that all depends on whether you bought or leased your solar panels. But typically the solar systems don t add a material amount of monetary value to the home.

Nationally homes with solar energy systems sold for 4 1 more on average than comparable homes without solar power.