Does Solar Panel Add To An Appraisal. Solar panels and green homes are becoming increasingly more common in the marketplace. Comments by the appraiser that a leased solar system is installed on the premises indicates to the reader of the report that the appraiser considers the solar panels as adding value to the subject property. The fha does not explicitly mention cases in which the panels have been financed with a solar lease ppa but it is fairly clear that if you do not own your solar panels yourself they may not be included an assessment of your home s value.
But it does cover a big chunk of the cost of buying and installing home solar panels. If they are leased the banks do not recognize a value.
If you ve seen a rise in solar panels in your area consider taking the first step toward competency in the valuation of this energy efficient feature of real estate.
If you ve seen a rise in solar panels in your area consider taking the first step toward competency in the valuation of this energy efficient feature of real estate. Determining the value of solar panels is an issue that has many appraisers asking questions. The survey included 4 000 homes with solar power systems and discovered that buyers were willing to pay around 15 000 more for a house that included an average size solar power system. The appraiser emphasized that solar panels are a new arena for appraisers the issue simply hasn t been around long enough for there to be a consensus on how to value the addition of the panels.
