Real estate professionals say home improvement projects, as long as professionally rendered, help increase the value of any residential property. Even minor electrical improvements can catch the eye of a prospective home buyer, and help the seller earn more from the sale of his property.
Several electrical improvements could increase the value of any house that is up for sale in the market. This article will tackle these electrical improvement projects, and discuss how this could improve the quality of life inside the house, and at the same time increase property value.
Ceiling fan installation in various parts of the house
Ceiling fans are seen as an eco-friendly way to cool a home. It is also seen positively as it can help lower utility bills, and aid in prolonging the lifespan of the home air conditioning system. By using ceiling fans, cool air gets distributed around the home easily, without straining the air conditioning system. Overall, these are positive attributes that could rake in more cash for a home sale.
The good thing about ceiling fans is that it does not affect the aesthetics of the interior design of any home, even those with a modern minimalist theme. With the various designs in the market, there will surely be one that could fit into the overall interior theme of the house. Ceiling fans are best installed in the living room, dining room, and bedrooms.
Electrical panel upgrade
If the home was built more than 20 years ago and is still utilizing the same panel it had back when it was first constructed then it is high time to upgrade into a new electrical panel. This will not only increase the value of the real estate property but will also significantly help in guaranteeing electrical safety around the house.
Homebuyers are always on the lookout for safety issues, and so an outdated electrical panel can raise red flags. If it is time to replace the existing breaker, then do so before putting the house up for sale.
Perimeter lights can help in increasing the security inside the house. Apart from security, it also helps illuminate the property, and increase curbside appeal. Homes with outdoor and landscape lighting also seem more expensive than others that do not have outdoor lights. Get floodlights, spotlights, and even motion sensor lighting for the outdoors, and see the value of the property rises.
Under and intra cabinet lights
Under-cabinet lighting increases the value of any home as this can make the interiors brighter, and at the same time helps with kitchen productivity. It also helps illuminate areas that otherwise need more lighting like within bigger cabinets. Moreover, it can also accentuate some of the interior features of any home.
Back-up power generator
Having a backup source of electricity could help increase the value of any home. Even if it is just meant to provide lighting and power for ceiling fans and other low voltage appliances, home buyers will surely appreciate this addition. Homeowners just have to make sure that a licensed electrician installed the backup power generator as professional work guarantees the safety of the installation.
Other electrical installations
Installing a whole-house surge protector can help increase the value of a property since it protects appliances and electronic devices. Another electrical improvement that could increase real property value is USB outlets. Having a Universal Serial Bus ready outlet demonstrate that the house has a modern electrical system that is ready to recharge mobile devices conveniently.