After spending some time in a home, homeowners often become accustomed to some of the plumbing quirks and may exist. When it comes time to sell a home these plumbing defects can come front and center and actually affect the price of your home. Here are some plumbing upgrades that can add value to your home.
Adding an Additional Bathroom
By adding an additional bathroom you can actually increase the value of your home by 10-20% depending on if its a full or half bath. Of course, sometimes space is an issue when it comes to adding an additional bathroom, if there simply isn’t any space then consider revamping and existing bathroom to add value to your home. You don’t have to go crazy; you can do small things like replacing the old plumbing fixtures with new more modern ones, re-grout the shower or tub, even through up a fresh coat of paint.
Re-piping
Re-piping can be an expensive project but if you are looking to add value to your home, this plumbing upgrade can really help, especially if you live in an older home with the existing plumbing intact. Appraisers do take into consideration the condition of the plumbing system. Potential homebuyers are also wary of any plumbing problems associated with an older plumbing system.
Replace HVAC/Furnace
This is another big-ticket item that can add value to your home. As one of the most integral systems in a home, in some areas, it is also about surviving extreme temperatures. Homebuyers really like it when all the systems in a home are newer. In addition to adding value to your home, newer systems tend to be more efficient and there are also a lot of energy rebates out there designed to save you money.
Kitchen Remodel
One of the biggest truths in adding value to your home is that kitchens sell. Consider the layout of your kitchen, do things flow properly from the sink to the dishwasher? One of the biggest mistakes when it comes to kitchen design is poor layout. Of course, everyone loves stainless steel appliances, and granite countertops and these are also good ideas. However, the biggest thing when it comes to kitchen remodel is the layout.
While there are some more expensive repairs on the list of plumbing upgrades to add value to your home, like a new furnace, for example, you don’t have to go super big in order to add value to your home. Simple upgrades and a fresh coat of paint can really help add value to your home and also increase your curb appeal.
