Want to raise your home’s value? Try solar panels

Read the full post at SmartPlanet.

It’s well established that updating a bathroom or remodeling a kitchen are among the most cost effective ways to raise a home’s value. What’s lesser known is that renewable energy also fetches a more premium price from buyers.

Analysis recently published by the National Bureau of Economic Research (NBER), an independent economic policy think tank, found that solar photovoltaic (PV) panels between 3 percent and 4 percent to the value of a home on average.

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