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Impact on resale value of my home

asked 2013-05-28 15:20:58 -0500

Anne gravatar image

I am planning to install a solar or wind power system at my house. I may sell the house in 5-10 years. Will I be able to recoup my initial investment. do buyers prefer a home with little or no energy bills.

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answered 2014-02-08 10:13:54 -0500

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updated 2014-02-08 10:13:54 -0500

There are a few studies that show that a home using less energy or having a lower bill have an increased value. The real evidence is that so many homes and businesses are going solar and there really is one major reason - to reduce and save money. I think if you reverse the question you may have your answer. Would a prospective buyer like your house more if the electric bill was higher?

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Asked: 2013-05-28 15:20:58 -0500

Seen: 620 times

Last updated: Feb 08 '14