Add solar add value?

Will solar panels add value to my home?

It's an important question a homeowner OR "soon to be" homeowner should be asking themselves.

As a homeowner you can purchase OR lease the solar panel system. If the cost of the panels are paid off, then an appraiser can try to find a home that sold substantially higher and give some($5k) added value. This of course is subjective to each appraiser. In most cases there is a monthly payment that a buyer of a home typically assumes. A lease payments is almost always seen as personal property with NO added value.

As a qualified buyer shopping for a home, you'll really need to weigh the numbers. There is a monthly energy savings but ALSO an added monthly solar panel payment. Make sure to request the last 6 months of the homeowners energy bills.

I hope your real estate agent got an A+ in arithmetic. I recently got a $5,000 credit for a buyer client! Call me anytime for assistance: 818-326-0945.

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