Homes with Solar Systems in Folsom, Ca. Appraise Higher and Sell Faster!
Installing a solar power system will increase your home’s property value right out of the gate. According to the Appraisal Institute, for every $1 reduction in annual electric bills due to the installation of a residential solar power system, your home’s value will increase by about $20.
For example, if you spend $26,000 on a solar power system for your home from Energy Savings California, after a California solar rebate and tax credits, this system may save you around $3,000 in first year energy expenses, which equates to an immediate increase of $60,000 in the resale value of your home. That is more than double your initial investment and immediate equity in your home!
If you are thinking about switching to solar power, A solar powered home is easier to market and sells faster. There is a bright spot in the current slow residential real estate market: Residential Solar powered homes are outselling homes with traditional electrical systems. Developers recognize the marketability of homes with solar systems in Folsom, Ca and are increasingly including solar roof panels in new home design.
When it comes time to sell your home, you will have your significantly reduced or zero cost electric bills to show potential buyers. Homes with a solar power system have significant sales leverage over homes with traditional electrical systems for sale in your area because buyers love the idea of having lower monthly bills! Call Energy Savings California today and schedule your free in home Energy Audit.