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No matter when you intend on selling your home, there is a lot to be said for making improvements which add value to your home. In the short-term, these changes will ensure you make the most of your time at home. In the longer-term, you can look forward to greater interest from willing buyers.

At Austin Property Services, we know there is a high level of interest and demand in homes right now, and vendors are keen to capitalise on this demand too. However, if you are looking to sell your home at a later date, you might be looking for ways to add value that entices buyers.

We know the local housing market in Bournemouth, and we know the importance of energy-efficiency, and green living. We believe there is a range of changes you can consider, and solar panels are an effective way to power up the value of your home.

Go green and add value

A study by EffectiveHome, a company which specialises in solar panels, found that sales prices for homes with solar panels have risen by 14%.

The study suggests the average increase in value associated with installing solar panels is £32,459. Some areas which have benefited more than the average include:

  • Homeowners in London can expect to see their property value increase by £90,000

  • In Bristol, solar panels have been found to add £45,142 to the value of property

  • Edinburgh homeowners can add over £40,000 to the value of their home with solar panels

Going solar is tipped to help homeowners save more than £27,000 on their electricity bills over the lifetime of their mortgage.

Benefits of solar energy include:

  • Solar power is a renewable source of energy, which is of interest to many people

  • You can lower your energy bills with solar panels

  • There isn’t a great deal of maintenance associated with these panels

  • It indicates the home, and its owners, is forward-thinking

Some potential drawbacks of solar energy include:

  • There is an initial cost in installing the solar panels

  • Your overall benefit is impacted by the level of sunlight you enjoy at home

  • Some solar panels take up a considerable amount of space

Stand out for the right reasons

Dan Graby is a Director at EffectiveHome, and he said; “With house prices currently experiencing a mini boom, it’s interesting to see what impact solar energy and benefits such as reduced energy bills and lowering carbon emissions is having. We hope our findings are a welcome surprise to property sellers across the UK who may be unaware that making energy efficient changes to their home, can make such a significant contribution to its valuation. There is a clear appetite amongst homebuyers to move to a property which is sensitive to spiralling energy prices, global warming and the environment we live.”

We know many people have questions and queries right now, and we are here to help as best we can. Please get in touch with Austin Property Services if there is anything, we can assist you with. You can call us on 01305 858470 or you can email us at This email address is being protected from spambots. You need JavaScript enabled to view it..

 

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