Last Updated on October 16, 2024 by SampleBoard
Most homeowners overlook electrical systems and pay more attention to roofing, plumbing, and flooring when improving home value.
While such upgrades are equally important, issues like old breaker panels and faulty wiring can be a major turn-off for potential buyers when selling the home.
Simple things like highlighting specific spots with proper lighting and positioning outlets strategically to boost functionality can make a huge difference.
This article compiles the top six electrical upgrades to increase your home value.
As technology advances, the need to buy more electric appliances increases, raising household energy consumption levels.
If your home has an old electric switchboard, such as porcelain and ceramic fuses, it may struggle to withstand the ever-rising electricity demand.
As time passes, it can break down, resulting in electrical fires.
This makes electrical distribution board upgrades from top electricians like Sherwin Electrical, a priority if you want to keep your home secure while increasing its value.
It is also a perfect way to save money as modern switchboards are more energy-efficient, enabling you to lower your monthly expenses.
Childproofed electric outlets can be a significant win, especially if your potential buyers are families with children.
This inexpensive method shows buyers that you care about their kids' safety and the entire family's welfare.
Childproofing your power outlets may involve receptacle cover plates or other devices that hinder the kids from moving closer to power outlets and inserting objects into them.
Thermostats help regulate indoor temperatures automatically, especially when no one is home.
If your thermostat needs to be updated, it can read temperatures inaccurately and overwork your heating and cooling system.
Consider upgrading to a smart thermostat, which allows you to adjust temperature settings and is included in your home automation system.
You can regulate your smart thermostat from anywhere using your phone, tablet, or any other internet-connected device.
The number of people seeking to save more on energy costs and lower their carbon footprint keeps rising.
This means you can attract a high-paying homebuyer by installing energy-efficient lighting.
LED lights can save up to 80% on lighting costs compared to incandescent bulbs, halogens, and compact fluorescent lamps (CFLs).
With low energy usage, your home power bills will drastically drop. LED bulbs last five times longer than other options, have flexible lighting designs, and are eco-friendly.
Some older homes have electrical systems that are beyond repair.
If you get a chance to break the walls, you will be shocked at how outdated and dangerous your wiring is.
Electrical codes call for an urgent replacement of such systems.
This will improve your home value and help prevent fire hazards.
Power surges happen more often and when you least expect them.
A power spike can damage all your appliances, including refrigerators, coffee makers, dishwashers, and televisions, without a proper home surge protection system.
Electricians often mount whole-house surge protectors between the home's community power grid and circuit breaker panel.
Once activated, the surge protector controls current flow to electrical appliances and devices throughout the house.
The best electrical upgrades can significantly boost your home's return on investment.
They also give you and your family peace of mind, knowing you have secured the home from fire hazards.
As you upgrade your electrical systems, upgrade to modern and energy-efficient appliances to lower energy wastage.
Electrical upgrades can significantly increase your home's value and appeal to potential buyers.
Taking the time to modernize your switchboard and childproof power outlets, upgrade the thermostat, shift to LED lighting, rewire the home if necessary, and install a home surge protection system enhances safety and functionality and helps reduce energy costs.
These upgrades demonstrate that you care about the well-being of future occupants and provide peace of mind, knowing that your home is protected from potential hazards.
