There are many ways to increase the value of your home. Sandbox Solar, your solar installer in Fort Collins, recommends adding solar to your home to increase the marketability. Thankfully, in a place like Colorado, with 300 days of sunshine, it makes a lot of sense. Installing solar panels on your home is one of the best things you can do to increase what a prospective buyer might be willing to pay.
How Do Solar Panels Increase the Marketability of a Home?
Buying a home is a major investment. Many people in Colorado enjoy living a greener lifestyle, so they often look for homes that already have solar. On average, buyers are willing to pay an additional $15,000 for homes with solar already installed, according to a 2015 study done by the Department of Energy. Here are a few reasons why solar increases the marketability of your home:
- Lower or no electric bills: When buyers look for a home, most consider monthly utility bills. If there is a solar-ready home that will allow them to have a lower or non-existent electricity bill, it is a big bonus! Solar panels typically reduce monthly energy bills by 70 to 100 percent, according to Consumer Reports.
- Low-maintenance investment: Solar panels are extremely low maintenance. Having a pool or extensive landscaping takes a lot more work! Solar panels only need to be cleaned about once every two to three months.
- Sustainability: The chance to reduce your carbon footprint is valuable to a lot of homebuyers in Colorado. Solar panels are a much more sustainable option than relying on the grid for electricity.
How Your Solar Installer in Fort Collins Can Help
When you decide to invest in solar, we will tailor a solution to meet your specific goals. We manage all aspects of the project, including design, permitting, installation, and ongoing operations. After the installation, we can help guide you to make sure you’re getting the most out of your solar investment.
If you’re really ambitious, you can increase the value of your home even more by installing an entire solar system and a solar battery. “Homes with solar-energy systems sold for 4.1% more on average than comparable homes without solar power,” according to this Zillow article. When you sell your home, the combination of a solar system and storage battery is valuable to anyone looking for energy savings and independence from the energy grid.
Already have solar? We can also provide insight if you’re buying or selling a home with a solar system!
Adding solar to your home is a great investment. If you’re looking for a solar installer in Fort Collins to help you with your solar project, contact Sandbox Solar! We can help you design and install the perfect solar system for your energy needs. Whether you’re upgrading your home for a future sale or making it your forever home, your property value will significantly increase with solar.