But today’s new-home buyer may surprise you.
Let’s start by looking at a few builder and consumer statistics presented during the International Builders’ Show in Orlando Thursday. Read more
They might be a costly addition to your home at first but solar panels are boosting a home’s resale value, according to a study earlier this year by Lawrence Berkeley National Laboratory.
Homeowners may recoup their full investment from the installation and then some, when their home is sold.
Over a period of approximately a decade, about 2,000 solar homes in California were analyzed by researchers and compared to about 72,000 comparable homes not solar powered.
Here’s what the study found that estimates for average photovoltaic (PV) premiums among a large number of different model specifications coalesced at a $17,000 price increase for a relatively new “average-sized” (based on the sample of homes studied) PV system of 3,100 watts (DC).
A recent study conducted by the National Association of Home Builders (NAHB) shows that while consumer hesitation on home buying is waning, the recent housing downturn has changed what Americans are looking for in their next home.