When reselling a home, many homeowners are looking for ways to increase home value; however, they are not sure which changes will be most beneficial. Electrical upgrades can be a great way to increase home value. From small changes to large, adding electrical upgrades can boost home value and raise the bar aesthetically.
If you are looking for ways to increase home value, here are electrical upgrades you can make so you can make more on your sale.
Electrical Upgrades You Can Make Now to Make More Money Later
Replacing Switches and Outlets
Replacing outdated switches and outlets is an easy way to increase your home value, and it’s also cost efficient. Over time, contact points in outlets lose their grip on plugs and produce heat that can damage the wiring within the walls. Even worse, it can cause electrical arcing—a major cause of house fires that are responsible for more than 28,000 fires every year.
Upgrade Your Electrical Panel
Another way to increase home value is by upgrading your electrical panel. Not only will this increase a home’s value, it also increases the safety of your home. Old panels are more likely to experience shortages or other issues, so future homeowners will be grateful that you didn’t leave them with this problem!
Energy Efficient Lighting
Installing energy efficient lighting both inside and outside of your home may be pricier than letting it be, but it saves money in the long run, and is a great way to increase home value. They are also known to be better quality and brighter, which will help boost your home’s curb appeal.
Security Camera Installation
Another way to boost the value of your home is installing a security camera system. Even just purchasing small ones to have outside of your doors can increase the value. Buyers aren’t only drawn to beautiful, efficient homes, but those that offer safety features as well.
Ceiling fans are a popular feature in homes that help save on energy costs in warmer months. And let’s face it—old, outdated ceiling fan designs can really ruin a room. Replacing old designs with newer, sleeker ones can help the sale of your home and help provide and energy efficient solution to running the AC in the summer on those days that aren’t too warm.
If you have trouble while trying to make these electrical upgrades, gives us a call and we’ll have your home ready for sale whether you’re selling now or later: 856.769.3932.