The impact "green" aspects of a property has on its
value continues to be a subject of study and debate. The Appraisal
Institute recently reported that a study by a member specializing
in the valuation of green homes found that homes with host-owned
solar photovoltaic energy systems are sold at a premium compared to
homes without PV systems.
Sandra K. Adomatis, SRA, of Punta Gorda, Florida, served as the
lead author of the study, which engaged a team of seven appraisers,
with the support of the U.S. Dept. of energy, across six states to
determine the value added to homes with host-owned PV systems. The
study – "Appraising Into The Sun: Six-State Solar Home
Paired-Sales Analysis" – compared comparable
sales of 43 homes in six states: California, Florida, Maryland,
North Carolina, Oregon and Pennsylvania. The study can be
found at: https://emp.lbl.gov/sites/all/files/lbnl-1002778.pdf
