It’s said that little things matter, which is very true when it comes to selling a home. Little upgrades and improvements here and there can help to significantly increase the value of your home and serve as an incentive for buyers.
If you’re looking for ways to improve the value of your home, a good area to improve on, but often overlooked is plumbing. Mark Kweon, a realtor says, “Although you may not want to spend too much in getting your home ready for sale, some plumbing upgrades can boost your home’s ability to sell.” In this regard, Frank Finn, a top professional plumber in Richmond notes – “From our experiences with new home buyers, plumbing is vital. And when it comes to investing in upgrades, it is not all about practicality but also about appearance and luxury.”
Here are five affordable plumbing upgrades that will surely do the trick.
New fixtures in the kitchen and bathroom
A family house will sell faster if the kitchen is well put together. Already, we know that the kitchen is the most important part of the home, which is why a lot of work needs to be done here. Think about the added value of a low flow faucet, touch activated or hands-free faucets, as well as a dual basin sink in the kitchen. In some cases, you may need to completely overhaul the kitchen to make it immediately usable for the new owners. However, if you don’t have the budget for an extensive overhaul, simple things such as changing the faucets and upgrading the sinks will suffice.
The same applies to the bathroom; it can be prudent to remove the outdated bathroom fixtures and replace them with something more modern. If you can’t afford to carry out an extensive upgrade in the bathroom, then settle for changing the shower heads, installing new faucets and replacing cabinet doors. It’s no secret that upgrades to the kitchen and bathroom provide some of the biggest returns on investment for home sellers.
Add an extra bathroom
If you’re willing to go all out to improve the appeal of your home, adding an extra bathroom will do the trick in a snap. An extra full bathroom can increase the value of your property by as much as 20%, while even a half bathroom has the potential to increase the value of the home by more than 10%. That is between 80% and 130% return on investment. If you don’t have enough space for an extra bathroom, consider doing away with less used features, such as extra cabinet space or the area under the stairs.
Invest in eco friendly appliances
Every day, more people become aware of their environment and the benefits of leaving an eco friendly footprint. This can be a huge incentive for selling your home at the right price. Buyers will appreciate eco friendly appliances that can help them save on energy and water. For instance, low flow devices can be added to faucets and shower heads to help the new owners save water. Additionally, energy efficient, low flush toilets (that use less water for flushing) will help the new owners save money on energy and water. These seemingly simple additions will give your home a very appealing and modern look that will help get it off the market, fast.
Upgrade the pipes
One issue with old homes is that plumbing pipes are often at the end of their life cycle. If you happen to be carrying out extensive renovations in the kitchen, bathroom or basement, you should get a qualified plumber to take a look at the existing pipes. It wouldn’t do for the new owner to start experiencing leakages and failed plumbing so soon after buying a new home.
If the pipes are made of copper, cast iron or galvanised steel, they most likely still have some life in them, but a good plumber will let you know what can be repaired and what should be replaced. In fact, if your pipes are between 70 and 80 years old, it would be a good idea to replace them completely. As long as you’re already doing work in the kitchen or bathroom, replacing the pipes will be cost effective. Being able to say that the house has modern plumbing will go a long way in impressing potential buyers and increasing the value of your home.
Note that while some plumbing upgrades such as replacing faucets and shower heads can make for a DIY project, major repairs need to be carried out by a professional plumber. Applying the above plumbing upgrades, a fresh coat of paint and well kept environment, you will succeed in turning your property from just one of the many available for sale to a special place that everyone would want to buy.