Do you plan to put your home on the market next year? Now’s the time to consider home improvement projects for 2024. But not all upgrades are equal. You don’t want to spend your hard-earned money on something that won’t yield an investment when it’s time to put up that “for sale” sign.
One overlooked yet essential area that can significantly boost your home’s value is the plumbing system. Spending money in this area not only enhances your home’s functionality but also boosts long-term value. Here, we detail plumbing upgrades that can make a significant difference in resale value.
- Energy-Efficient Fixtures: They’re something you use every day, but you might not think twice about the water use. Replacing outdated fixtures with energy-efficient alternatives can be appealing to potential buyers. Low-flow toilets, water-saving faucets, and efficient showerheads are more efficient than conventional ones. Such upgrades can lead to lower utility bills and a more sustainable home, making it more attractive in the real estate market.
- Tankless Water Heater: Traditional water heaters have had their day. A tankless water heater system provides hot water on demand, eliminating the need for a storage tank. Not only do tankless water heaters save space, but they also give your home a boost in the energy efficiency department. This can lead to lower energy bills over time. Potential homebuyers might be lured by the convenience and cost savings associated with tankless water heaters, making them an attractive feature.
- Modernize Plumbing Fixtures: Outdated and worn-out plumbing fixtures can make your home feel aged and tired. Consider updating your kitchen and bathroom faucets, showerheads, and other fixtures to create visual appeal. Look to the bath experts for advice on on-trend features, such as brushed nickel or matte black, to help you curate a bathroom look and feel that will resonate with buyers looking for a move-in-ready property.
- Install a Water Filtration System: A water filtration system not only ensures that your family has access to clean and safe drinking water but also adds value to your home. Homebuyers often appreciate the convenience of having purified water readily available. Additionally, it eliminates the need for bottled water, contributing to a more sustainable and eco-friendly home.
- Smart Plumbing Technology: Information is king even in a home setting. This means integrating technology into your plumbing system can help your home stand out from the crowd. Consider installing smart thermostats for your water heater, leak detection sensors, or even a smart irrigation system. These additions not only enhance the efficiency of your plumbing but also appeal to tech-forward buyers who put a premium on convenience and automation.
- Address Plumbing Issues Proactively: Before considering upgrades, it pays to address any existing plumbing issues. Leaks, clogs, or outdated pipes can decrease the value of your home and be off-putting to potential buyers. Resolving these issues not only ensures the functionality of your plumbing system but also prevents larger and more costly problems from blindsiding buyers later.
- Upgrade Your Sewer Line: Aging sewer lines can be associated with expensive repairs and potential damage to your property. Consider upgrading to a trenchless sewer line, which is less invasive and can extend the lifespan of your plumbing system. A well-maintained sewer line adds value to your home by preventing issues that might arise during a home inspection.
- Enhance Outdoor Plumbing: Don’t forget about the exterior of your home. Upgrading outdoor plumbing elements, such as adding a new irrigation system or installing a hose bib with anti-siphon technology, is both a practical and an aesthetic consideration.
- Opt for Energy-Efficient Appliances: In addition to upgrading your water heater, consider replacing other plumbing appliances with energy-efficient models. This includes dishwashers, washing machines, and toilets. Energy Star-rated appliances are better for the planet and also appeal to buyers looking for long-term cost savings on utilities.
- Add a Second Bathroom: If it makes sense with your home’s layout and other practical considerations, adding an extra bathroom can pay off. Such a project can significantly increase the functionality of your home and overall value. A well-designed, modern bathroom has wide appeal, and it can make your home more desirable to families looking for additional conveniences.
- Basement Waterproofing: A dry and well-maintained basement makes sense on a few fronts. Investing in basement waterproofing not only prevents potential water damage but also creates a more livable space. This can sway buyers looking for additional usable square footage for children, guests or even storage.
- Install a Sump Pump: The Midwest is prone to heavy rains and related flooding. In this region, a sump pump can be a valuable addition. This upgrade not only protects your home from potential water damage but also provides potential buyers with peace of mind.
- Insulate Pipes: Insulation protects against energy loss. Without such a precaution, heat can be lost from pipe in the basement and other cooler areas and drive up energy bills. Insulating exposed pipes with pipe wraps and sleeves is a task that can cut your energy costs over the long run.
Investing in plumbing upgrades is a smart and often underestimated way to boost the value of your home. From energy-efficient fixtures to modernizing the entire plumbing system, you can move forward with more reassurance that your home will get a second look. In crossing these items off your to-do list, you’ll not only enjoy the benefits now but also reap the rewards when it comes time to sell.
If you’re unsure about which features or additions are best for your situation, don’t leave anything to chance. Instead, look to our team for advice so you can get the most out of your investment.
We’re licensed in Indiana and Michigan and have decades of experience to handle any job. We can handle your residential plumbing needs in Northeast Indiana. We also install water heaters, water softeners, and can fix that leaky pipe in your basement. If you have questions or would like to arrange for a free quote, call 800.621.6679.