Do Houses With Solar Panels Sell For More

For the median valued home that translates to an additional 9 274.

Do houses with solar panels sell for more.

Nationally homes with solar energy systems sold for 4 1 more on average than comparable homes without solar power. But typically the solar systems don t add a material amount of monetary value to the home. Studies show that homes with solar tend to sell more quickly and for higher prices on average 4 1 percent more than comparable homes without solar. 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.

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. For the median valued home that translates to an additional 9 274. Home sales if you own your solar energy system. However that all depends on whether you bought or leased your solar panels.

Directly contradicting this zillow has released a report stating that homes with solar panels sell for 4 1 more than their generation naked counterparts.