Does Solar increase home value? Will adding Solar to my house increase it’s value or decrease it? Should I add solar to my house? Yes, we get asked about this often!! Watch this short video for thoughts...

We’ll look at Tampa Bay real estate, to answer these questions about solar adding to the value of your home. The answer is- It depends. First, you should ask yourself why it is that you want to add solar power. Once you know WHY YOU want solar, a trusted real estate agent can help determine whether it will actually add value to your home.

The answer, unfortunately, is not a simple one. It depends on a number of factors, including the specific location, home type, and market conditions.

In general, installing solar panels will likely increase the value of your home. A study by the National Renewable Energy Laboratory found that, on average, homes with solar panels sold for 4.1% more than comparable homes without solar panels, however that’s not factoring in whether an appraisal was needed, and whether this was an area of extensive solar use, and that does matter.

The type of home you have will also affect the value increase from solar panels. Solar panels are most valuable on single-family homes, where they can be used to offset a large portion of the home’s energy usage. On multi-family homes, solar panels can still provide some value, but it will be more limited.

If you’re considering solar panels for your home, it’s important to do your research and work with a qualified installer. We also have several clients who are very happy and we’d be happy to connect you!