Adding solar panels can not only save you money but increase buyer attention if you are thinking of selling.
From simple paint jobs to full renovations, the objective is to offer something that the other houses down the road simply can’t.
One of the best ways to gain an advantage over the rest of the properties on the market is to show buyers that your home is more energy-efficient. Not only does this mean cheaper to run, but also with less of an impact on the environment. This is where solar panel installation comes in, and in this article, we’ll be looking at what makes them such a smart property renovation.
Solar panels add value
If we were to look back 5 years the thought of adding solar panels may have seemed a little too expensive. The cost of the panels and installation was just too high. Fast forward to 2019 and you will notice that these costs have fallen. This price reduction has encouraged many homeowners to install solar panels and generate their own power. For property buyers in Melbourne, there are all sorts of legitimate reasons to purchase a home that already has solar panels installed.
As the technological advancements in the making of solar panels progress there should be an upturn in the number of households installing the equipment.
The main reason to install solar panels is to save money. Secondly, the environment also gets a benefit. I expect that in the future the design of solar panels will be incorporated into the look and feel of the home for aesthetics.
Australia is a sun-drenched nation more so than most counties. Taking advantage of this makes sense in having solar energy. Cutting emissions in any way possible is going to benefit the sustainability of the earth. So, if you are selling your property as “green” this will be a high advantage.
Put simply solar panels save money.
There is no shortage of benefits to installing solar panels. There is a cost to property owners if you go down this path. However, if you plan to stay in your home for the long haul then you will no doubt save a lot of money. The most current research suggests that it will take 6 – 7 years before you start saving money. If you are still in your home after 25 years your savings will be over $100,000!
Not all solar panels are the same
Before you decide to go down the solar panel path do your research. Not all solar panels are made the exact same way. Fortunately, there are forums that do all the research for us. Choice has written an article How to buy the best solar panels for your home This article will explain what you need prior to purchase. You can also visit clean energy reviews which lists the best manufacturers including LG and Sunpower.
Australia is a leading developer in the technology of solar power. Australia has more solar radiation per square metre than any continent. If you are contemplating adding value to your home solar energy could be for you.
If you want to know the value of your home, contact OBrien Real Estate today.