Considering adding solar panels to your luxury home, but unsure if it’ll be worth it when you sell? Then get the details from expert San Francisco real estate agents Black Label Real Estate (+1-415-347-0984)! Go to http://blacklabel-realestate.com for more information.
Solar Panels & Property Value: San Francisco
Luxury Real Estate Agent Insights
When it comes to large
investments into your home, you
have to think carefully. Sure, solar
panels are better for the
environment, and a self-sustaining
home is a nice idea.
But will it be worth it when it comes
to selling your property? How will it
affect the home value? Find out in
the new report from luxury real
estate specialists, Black Label
Real Estate.
The company’s article goes into
detail about why solar power is
seemingly an attractive solution to
a more energy-efficient home and
offers statistics and research into
the topic.
According to the report, in
2019 there were over two
million solar power installations
across the USA, with this
number predicted to double by
2023.
For homeowners in San Francisco,
known for its pleasant California climate,
the installation of solar panels can seem
like an obvious win in terms of increasing
a property's value, but as the latest
report outlines, this is not always the
case.
Black Label Real Estate outlines
the pros and cons of installing
them in your home, detailing that
higher demand for solar panels
has led to an increased price tag.
But the author, Timothy Farnham
elaborates, explaining that homes
with self-sustaining solar energy
systems sold for an average of 4.1
% more on the property market than
those without - so it could work for
you.
The article goes on to explain
that in real-world terms, for a
home valued at the median
rate, this could translate to just
under $10,000 more.
Later in the report, Tim goes on to
explain that this number fluctuates,
sometimes by a considerable
amount, depending on your area
and whether or not the panels
themselves are owned by you or
leased.
This is because buyers are
rarely interested in getting
into a finance arrangement on
top of the price of buying your
property.
Go to http://blacklabel-
realestate.com to find
out more.
Luxury Real Estate Agent Insights
When it comes to large
investments into your home, you
have to think carefully. Sure, solar
panels are better for the
environment, and a self-sustaining
home is a nice idea.
But will it be worth it when it comes
to selling your property? How will it
affect the home value? Find out in
the new report from luxury real
estate specialists, Black Label
Real Estate.
The company’s article goes into
detail about why solar power is
seemingly an attractive solution to
a more energy-efficient home and
offers statistics and research into
the topic.
According to the report, in
2019 there were over two
million solar power installations
across the USA, with this
number predicted to double by
2023.
For homeowners in San Francisco,
known for its pleasant California climate,
the installation of solar panels can seem
like an obvious win in terms of increasing
a property's value, but as the latest
report outlines, this is not always the
case.
Black Label Real Estate outlines
the pros and cons of installing
them in your home, detailing that
higher demand for solar panels
has led to an increased price tag.
But the author, Timothy Farnham
elaborates, explaining that homes
with self-sustaining solar energy
systems sold for an average of 4.1
% more on the property market than
those without - so it could work for
you.
The article goes on to explain
that in real-world terms, for a
home valued at the median
rate, this could translate to just
under $10,000 more.
Later in the report, Tim goes on to
explain that this number fluctuates,
sometimes by a considerable
amount, depending on your area
and whether or not the panels
themselves are owned by you or
leased.
This is because buyers are
rarely interested in getting
into a finance arrangement on
top of the price of buying your
property.
Go to http://blacklabel-
realestate.com to find
out more.