Renovation Trends That Decrease The Value Of Your Home

40. Solar Panels

Year of Popularity: 1980s-Present
Est. Cost: $6,400*
Solar energy is a popular, eco-friendly alternative to traditional energy. Solar panels are a collection of photovoltaic cells that collection sunlight and convert it into electricity. On average, these panels cost $6,400 to put in. But, they only add $1,600 in value. So, you’re set back $4,800.

The reason behind the loss in value is myriad. Some people are more dedicated to using alternative energy than others. What is a huge concern for you might not make the radar for your potential buyer. Avoid the thousands of dollars lost and skip this home improvement project during your renovations.