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Do Timberline Solar Shingles increase your home value in Austin? It’s never a bad time to invest in your home. You should consider improvements that could increase your home value, If you plan to sell your home in the next few years, or even several years,
Home improvements add value, such as a new kitchen or finished basement. Solar energy should start to be considered as a return on investment.
Maybe you’re interested in solar panels or solar shingles regardless. However, you must consider the long and short-term impact on the value of your home.
We’ll dive into studies and research from recent years on solar panels and home value. These studies are based on solar panels, as solar shingles are a relatively new product. Solar shingles are made to perform the same as solar panels, except they are intended to blend in with your roof. Also, Timberline solar shingles can be installed by an Austin roofer, instead of a solar company. These studies apply to the Timberline solar shingles as they work similarly with some variances in efficiency depending on the system.
We can’t tell you for certain whether solar will increase your home value. However, there are several studies that reflect it will.
The National Renewable Energy Laboratory found that every dollar saved on energy increases your home value by $20. According to this study, the more you save, the more you profit when it’s time to sell your home.
A Zillow analysis showed that solar raises a home’s value by 4.1% across the U.S. This can be more depending on the location of your home. For example, in the study homeowners in Riverside, CA saw an increase of $9,274. However, in hot markets such as Los Angeles and New York City, they saw an increase of approximately $23,295 and $23,989. While the study did not include Austin, we can only imagine the increase in our booming market.
The Office of Energy Efficiency and Renewable Energy reported that an average-sized solar array can increase the value of your home by approximately $15,000! Of course, the actual increase will vary depending on the system size, electricity rates, and location.
It makes sense that 46% of homeowners have considered installing solar panels on their homes according to a survey from PEW Research Center.
It’s even been reported by CNBC that 80% of buyers look for solar systems and other energy-efficient upgrades when they look for homes.
Just as important as increasing your home’s value is the time it’s on the market. According to data from Rocket Homes, home listings with solar power are on the market for 13.3% less time and 24.7% are likely to sell over the asking price.
Maybe you’re not even considering selling your home or would like to wait a very long time. So, what about the immediate benefits of Timberline solar shingles in Austin?
There are so many financial and other benefits to installing a solar roofing system. Would you like to save money on your monthly electric bill? Solar power is generally cheaper to produce than the monthly rate the city of Austin charges. The more solar shingles you install, the more solar energy you can produce for your home.
Timberline Solar Shingles are very durable. They can withstand up to 130mph winds and are sturdy enough for you to walk on.
Installing Timberline Solar Shingles is cheaper than installing other types of solar roofs.
Additionally, the IRS provides a tax credit if you go solar. You can find out more here.
If you’re considering a solar roofing system, you need to find the right installer. Solar panel companies tend to go out of business, leaving homeowners without service or support. We’re proud to provide the Timberline Solar Shingle roofing system by GAF Energy by Austin roofers for Austin. We’ve been in business for over 46 years. GAF is the leading roofing manufacturer in North America. GAF has a team of experts that work with us to install the Timberline solar shingle roofing system. You can even have a virtual meeting with our team and GAF Energy prior to installation for any questions or revisions.
If you’re interested in the Timberline solar shingle roofing system, contact Austin’s premier roofer today. You can speak to one of our solar shingle experts to schedule a free inspection and to determine if it’s the right fit for you.
Contact us at Wilson Roofing or submit a roofing inquiry online.Contact Us