Millions of solar panels are being installed in homes all over the United States, which makes your chances of purchasing a solar powered home more common. Solar panels have become more and more advanced in recent years. As a result, they have become more practical and grown in popularity. In fact, installing solar panels on your home now provides more benefits to the homeowner than ever before.
Many people think that installing solar panels on your home means large, ugly panels sitting on top of the roof just to experience a slight decrease in your energy bill. While that may have been the case when solar panels were first introduced, they have come a long way since then. According to solar power experts, the design of solar panels has greatly evolved in recent years. They are now very thin and sleek, making them less noticeable.
They have also become much more efficient, meaning greater savings for those who choose to install them. Experts estimate you can save $1,800 a year in electric costs by using solar energy versus traditional energy. Although installing a solar power system can be a bit pricey depending on the model you choose, they are known to produce a lot of power and have great warranties.
In addition, there are also rebates and federal incentives in place for homeowners who install solar panels. For example, the federal government gives homeowners a 30 percent credit for installing a system, and some states offer substantial tax credits for residents who have a system installed.
On top of all of this, installing solar panels on your home increases its value. Due to their growth in popularity, homebuyers are typically willing to spend more on a home with solar panels installed. According to surveys, people will spend up to $15,000 more on a home just because it is powered with solar energy.
Although a solar powered home might not be for everyone, it’s worth doing some research to determine whether or not it is right for you. Solar power has certainly undergone a lot of changes in recent years, making it more worth the investment. Be sure to consult with a solar power and real estate expert to determine how the value of your home will be affected should you choose to install solar panels.
It’s hard to escape the Tiny House phenomenon. There are HGTV shows, Instagram accounts, and a plethora of stories about buying a home under 400 square feet. They require downsizing your possessions, they’re crowded, and they lack a lot of the amenities of a full size home, so why go tiny? While it certainly isn’t for everyone, there are numerous benefits to living in a tiny home.
Minimalism is Key in a World of Hoarders
Oftentimes, people decide to go small because their life has become riddled with material possessions. Maybe they want to escape the clutter. Maybe they want to donate items and give back. Perhaps they are just tired of cleaning up the mess of a huge home. Regardless the reason, a small home will undoubtedly require purging, and it can certainly be good for the soul. However, the minimalist lifestyle isn’t for everyone. A lot of towns have outlawed the portable housing, which can make relocating difficult. There are towns that encourage tiny house living, however, to help boost their economy.
Cheaper than Mortgage, and Maybe Even Rent
According to the Washington Post, a lot of tiny house owners go tiny for freedom from a mortgage. In fact, cost is one of the first factors in deciding to go tiny. It often gives people the opportunity to be homeowners when they couldn’t normally afford it. It also makes traveling more flexible, as tiny homeowners can uproot their home to each city they travel to and avoid hotel costs and having to constantly eat out. It’s just important to know the laws of states you’re traveling to.
Green as the Cash You’re Saving
Tiny homes are often first purchased as a means of saving money for people looking to avoid paying property taxes, rent, or long-term temporary housing. However, they sometimes stay because a tiny house allows them a more environmentally-friendly lifestyle. Tiny houses can run on solar energy, can have composting toilets and are often in remote areas where you can garden and grow herbs and spices. Plus, they require much less electricity than traditional homes.
Looking for a minimalist lifestyle? An affordable mortgage? Wanting to help out the environment? Tiny house living may be just the right option for you. Just keep in mind that it can be difficult to find land to “park” your home. However, once you know where you’re going to set up your new digs, the possibilities are endless.
About Jason Cohen Pittsburgh
Jason Cohen is a real estate investor in Pittsburgh, Pennsylvania. He created Jason Cohen Pittsburgh, a group of real estate enthusiasts committed to helping others invest in real estate, and he has thrived in the area since 2002.
As Jason’s career has grown and flourished, so has Pittsburgh itself — transforming from an industrial “rust belt” city into a major cultural center abundant with high-end multi-family rental properties. Jason has seamlessly handled the dynamic nature of Pittsburgh and of the real estate industry in general. A research-driven professional, he consistently enables smart and profitable investments in the area, helping to transform modest properties into high-end rentals in Pittsburgh’s hottest neighborhoods.
Jason Cohen first entered the world of real estate shortly after his graduation from college. He started out by investing in distressed properties in Pennsylvania. After some experience working full-time for a real estate company, he decided to pave his own path in the industry. He has worked as an independent real estate agent and developed the Jason Cohen Pittsburgh team ever since. The team consists of highly qualified investors, property managers, leasing agents, and contractors.
Over the course of his career Jason has become highly proficient in acquisitions, joint ventures and partnerships, multifamily real estate investments, asset repositioning, real estate management, real estate brokerage, and new construction. He has excelled in high-level investment strategies, but is also no stranger to “ground work” when it comes to the industry. He is well-versed in each step of Jason Cohen Pittsburgh’s unique system: researching local areas and investing in properties, performing renovations to transform these properties from dilapidated eyesores into high-end units, and ultimately repositioning the properties for maximum profit in renting and selling.
Jason Cohen Pittsburgh is the group of choice for anyone who needs advice, analysis and due diligence, and general expertise in matters of investing, whether they are short-term or long-term. Jason Cohen Pittsburgh has dealt with properties in a variety of neighborhoods throughout parts of Pittsburgh, including the South Side, Oakland, Shadyside, Squirrel Hill, Mt. Lebanon, and Regent Square. Each and every one of these locations, paired with Jason’s overall knowledge of real estate investing, has allowed him to play a part in restoring Pittsburgh’s place as one of the most popular cities in the United States.
This blog will share news, updates, and insights regarding Pittsburgh and its real estate market from the perspective of Jason Cohen Pittsburgh. Stay tuned!