Wednesday, June 16, 2010

Solar and Home Resale Value

Thinking of selling your house? As you know, the economic downturn of the last few years has been a game-changer for the real estate market. Buyers today are in the prime position of being able to hold out and get the best bang for their buck, so you need to be prepared.

If you’ve been thinking about going solar and have been doing your research, you probably already know that a home powered by solar energy can command significantly higher prices than the average, utility-powered home next door. But how does brand play into this equation?

As with any major purchase, reputation, quality, and reliability are key. When purchasing a solar-powered home, a deciding factor for every potential buyer is the brand of solar installation on the home. Having to repair or replace a defective or underperforming solar power system will be a major barrier to purchase, so they want only the best.

Make sure your solar system is backed by an established company with a well-known and respected brand, and you will see a nice return on your investment when it’s time to sell.

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