Does Solar Panels Increase Home Value In Florida
Alongside the utility savings this is a great selling point when listing your home on the real estate market.
Does solar panels increase home value in florida. Aside from the potential to increase a home s value solar panels offer a number of other benefits to homeowners. Despite the substantial cost to install solar power in florida your property and the resulting boost to your home s selling price you will be exempt from paying taxes on the value added to your home. While the value of solar panels varies from place to place no metropolitan area saw home values drop due to solar panels according to zillow. Solar panels are one of those tricky things we all like to believe increase the value of a home.
After all they save homeowners a ton of money right. A home that uses the power of the sun to produce electricity reduces the need for burning fossil fuels which emit greenhouse gases like carbon dioxide co 2. Installing solar panels in a home not only helps to reduce current monthly utility bills. Says real estate agent aaron zapata of inman according to fha and fannie mae whether solar panels add value or are viewed as a liability is still unclear.
Choosing renewable energy helps protect the planet. It can potentially increase the home s value by up to 4 1 more than comparable homes with no solar panels.