Selling Your Home Down The Road? Solar Panels Might Be A Good Investment

First time home buyers are willing to pay more for solar panels.

If you’re thinking of selling your home in the future, you might consider investing in solar panels. Most people installing solar panels think about their own energy cost savings. Here’s something else to consider though. First-time home buyers are really into solar panels, according to the latest data.

They’re so into solar panels that entry-level listings with solar panels in the descriptions sold for up to 40 percent more than predicted!

This next generation of home buyers see solar panels already installed as a long term investment. Right now might be the single best time to install solar panels to your home if you plan on selling down the road. Why? Let’s say you plan to sell in two years. Well, if you install solar panels this year, not only will you reap the benefit of millennial home buyers fighting over your house, willing to pay 40 percent more than we’d predict, but it’s not too late yet for you to benefit from the federal solar tax credit!

So, the cost isn’t nearly what it looks like at first glance. If you purchase solar panels now, then when you file taxes in 2019, you can get almost one-third of that cost right back in your pocket next year as a tax credit. A 10,000 system would cost seven grand when you factor that in. And if young home buyers are willing to pay up to 40 percent more than predicted for their first home, these make a sound investment.

Now, while Florida doesn’t have the same solar incentives as some other states, there is one other incentive. Florida homes have tremendous solar energy generating capabilities. Under the law they have to credit customers for net excess energy generation in a month. So, if you generate more energy than you use, you’ll get paid for that energy.

Are You Buying a Home on Marco Island?

Considering buying a home on Marco Island? We’d love to help you find one that’s just right for your needs.

First, check out available Marco Island area properties using this helpful search tool. If it’s easier, you can just call us at 239-821-7926 or get in touch with us online to let us know what you’re looking for. We’re happy to contact you however you prefer. Then, we’ll start searching our databases right away using criteria you specify!

In the meantime, you can also easily explore Marco Island real estate by price:

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