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Q.

Do Solar Panels Hurt the Resale Value of Your Home?

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5 months

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0 2025-06-23T07:55:26+00:00

I wanted to know last month whether do solar panels hurt the resale value of your home. So, I looked for someone who sold a house with solar panels and could tell me if having solar panels directly raised the value of the house. I learned from my neighbor that he sold his previous property with solar panels. He said in general, solar panels are beneficial and frequently raise a home's market value. However, it depends on several factors, which I added below.

Do Solar Panels Increase and Decrease Property Value?

It depends on the following factors.

  1. If you have new and well-maintained solar systems, it will increase the value of your resale property.

  2. It depends on the terms of the lease if you lease them. For the future owner to own them and not have to worry about picking up the lease, it is usually preferable to buy out the lease.

  3. Let me tell you, owning solar panels provides long-term energy savings and eliminates the hassles of transferring a lease. As a buyer, if you own it, it will be favorable.

  4. If the solar panel requirement is high in your area, it will increase your property value.

  5. A home's value is likely to increase with larger and more effective solar systems.

Solar panels increased my neighbor's home's value by 6.9% when he sold it.

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