Houses With Solar Panels Valued 2.7% Higher: Cotality Report
The housing market is booming not only in the US, but across Europe, Australia, and other Asian countries. The cost to own a decent home is nearing a minimum of $500,000. While the value of a house is based on the development of the surroundings, the latest report from Cotality titled “Watt’s it Worth” sheds light that homes with solar panels are generally valued 2.7% higher. That’s an extra $21,350 in valuation compared to houses without solar panels. This also helps homeowners save on bills, leading to efficiency and clean energy consumption. The housing market is seeing an uptick in prices, and installing solar panels would add to a better selling prospect. Real estate brokers are also urging buyers to consider purchasing houses with solar panels. Also Read: De-Dollarization Enters the Federal Reserve Building in New York “These findings highlight that homes with energy and efficiency upgrades are delivering not only long-term energy bill savings and com...
