House Valuation: Difference between revisions
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*PV adds $20 value for every dollar of energy bills saved - so if you save $1000/year the house is valued $20k more [https://www.architecturaldigest.com/reviews/solar/do-solar-panels-increase-home-value#:~:text=Yes%2C%20solar%20panels%20increase%20the,of%20your%20local%20solar%20market.]. A 6kW system costs $18k in 2023 [https://www.google.com/search?sxsrf=ALeKk026QG9BbsZl0rNsBS9KmerMgczY_w%3A1602863734253&source=hp&ei=dsKJX6q8DJDYsAXHkpG4Cw&q=how+much+does+a+6kw+pv+system+cost+to+install&btnK=Google+Search&oq=how+to+configure+nvidia+geforce+gtx+1650+super+on+linux+mint&gs_lcp=CgZwc3ktYWIQAzIFCCEQoAEyBQghEKsCMgUIIRCrAjoOCAAQ6gIQtAIQmgEQ5QI6DgguELEDEMcBEKMCEJMCOggILhDHARCvAToLCC4QsQMQxwEQowI6CAgAELEDEIMBOggILhCxAxCDAToFCAAQsQM6AggAOgQIABAKOgYIABAWEB46CAghEBYQHRAeOgcIIRAKEKABUMsQWOmzAWD8tAFoBnAAeACAAeQGiAGhS5IBDTExLjQ3LjMuMi42LTGYAQCgAQGqAQdnd3Mtd2l6sAEG&sclient=psy-ab&ved=0ahUKEwiqz4DcvLnsAhUQLKwKHUdJBLcQ4dUDCAk&uact=5]. This means it is just about even to add solar to a home prior to selling - based on economics of PV install and added value captured. However, the benefit to the buyer is greater - PV lasts 20 years - but that is only to the 90% point - the PV will actually live much longer, with 70% of the original efficiency after 40 years! [https://www.capitalcitysolar.com/2018/07/25/solar-panel-degradation-well-will-solar-power-system-work-20-years/] | *PV adds $20 value for every dollar of energy bills saved - so if you save $1000/year the house is valued $20k more [https://www.architecturaldigest.com/reviews/solar/do-solar-panels-increase-home-value#:~:text=Yes%2C%20solar%20panels%20increase%20the,of%20your%20local%20solar%20market.]. A 6kW system costs $18k in 2023 [https://www.google.com/search?sxsrf=ALeKk026QG9BbsZl0rNsBS9KmerMgczY_w%3A1602863734253&source=hp&ei=dsKJX6q8DJDYsAXHkpG4Cw&q=how+much+does+a+6kw+pv+system+cost+to+install&btnK=Google+Search&oq=how+to+configure+nvidia+geforce+gtx+1650+super+on+linux+mint&gs_lcp=CgZwc3ktYWIQAzIFCCEQoAEyBQghEKsCMgUIIRCrAjoOCAAQ6gIQtAIQmgEQ5QI6DgguELEDEMcBEKMCEJMCOggILhDHARCvAToLCC4QsQMQxwEQowI6CAgAELEDEIMBOggILhCxAxCDAToFCAAQsQM6AggAOgQIABAKOgYIABAWEB46CAghEBYQHRAeOgcIIRAKEKABUMsQWOmzAWD8tAFoBnAAeACAAeQGiAGhS5IBDTExLjQ3LjMuMi42LTGYAQCgAQGqAQdnd3Mtd2l6sAEG&sclient=psy-ab&ved=0ahUKEwiqz4DcvLnsAhUQLKwKHUdJBLcQ4dUDCAk&uact=5]. This means it is just about even to add solar to a home prior to selling - based on economics of PV install and added value captured. However, the benefit to the buyer is greater - PV lasts 20 years - but that is only to the 90% point - the PV will actually live much longer, with 70% of the original efficiency after 40 years! [https://www.capitalcitysolar.com/2018/07/25/solar-panel-degradation-well-will-solar-power-system-work-20-years/] | ||
*2 car garage - $23k value added to a house - [https://www.google.com/search?sxsrf=ALeKk026QG9BbsZl0rNsBS9KmerMgczY_w%3A1602863734253&source=hp&ei=dsKJX6q8DJDYsAXHkpG4Cw&q=how+much+value+does+a+two+car+garage+with+door+opener+add&btnK=Google+Search&oq=how+to+configure+nvidia+geforce+gtx+1650+super+on+linux+mint&gs_lcp=CgZwc3ktYWIQAzIFCCEQoAEyBQghEKsCMgUIIRCrAjoOCAAQ6gIQtAIQmgEQ5QI6DgguELEDEMcBEKMCEJMCOggILhDHARCvAToLCC4QsQMQxwEQowI6CAgAELEDEIMBOggILhCxAxCDAToFCAAQsQM6AggAOgQIABAKOgYIABAWEB46CAghEBYQHRAeOgcIIRAKEKABUMsQWOmzAWD8tAFoBnAAeACAAeQGiAGhS5IBDTExLjQ3LjMuMi42LTGYAQCgAQGqAQdnd3Mtd2l6sAEG&sclient=psy-ab&ved=0ahUKEwiqz4DcvLnsAhUQLKwKHUdJBLcQ4dUDCAk&uact=5] | *2 car garage - $23k value added to a house - [https://www.google.com/search?sxsrf=ALeKk026QG9BbsZl0rNsBS9KmerMgczY_w%3A1602863734253&source=hp&ei=dsKJX6q8DJDYsAXHkpG4Cw&q=how+much+value+does+a+two+car+garage+with+door+opener+add&btnK=Google+Search&oq=how+to+configure+nvidia+geforce+gtx+1650+super+on+linux+mint&gs_lcp=CgZwc3ktYWIQAzIFCCEQoAEyBQghEKsCMgUIIRCrAjoOCAAQ6gIQtAIQmgEQ5QI6DgguELEDEMcBEKMCEJMCOggILhDHARCvAToLCC4QsQMQxwEQowI6CAgAELEDEIMBOggILhCxAxCDAToFCAAQsQM6AggAOgQIABAKOgYIABAWEB46CAghEBYQHRAeOgcIIRAKEKABUMsQWOmzAWD8tAFoBnAAeACAAeQGiAGhS5IBDTExLjQ3LjMuMi42LTGYAQCgAQGqAQdnd3Mtd2l6sAEG&sclient=psy-ab&ved=0ahUKEwiqz4DcvLnsAhUQLKwKHUdJBLcQ4dUDCAk&uact=5]. This one says $50k [https://popowichrealestate.com/do-garages-really-add-value-to-your-home/] | ||
Revision as of 21:33, 15 October 2023
- PV adds $20 value for every dollar of energy bills saved - so if you save $1000/year the house is valued $20k more [1]. A 6kW system costs $18k in 2023 [2]. This means it is just about even to add solar to a home prior to selling - based on economics of PV install and added value captured. However, the benefit to the buyer is greater - PV lasts 20 years - but that is only to the 90% point - the PV will actually live much longer, with 70% of the original efficiency after 40 years! [3]
- 2 car garage - $23k value added to a house - [4]. This one says $50k [5]