A home’s plumbing system is vital for day-to-day activities, allowing toilets, showers, and washing machines to function optimally. However, there might come a time when the system becomes outdated, or some components aren’t functioning as efficiently as before. A plumbing upgrade could be essential in such cases. It can significantly do more than save water and provide conveniences. It can also boost your home’s value, especially if you’re contemplating selling your property. Your plumbing system has the potential to decrease or decrease its resale value.
That said, these plumbing projects guarantee a high return on investment and can significantly help boost your home’s value:
1.Upgrading Your Old Pipes
Lead, galvanized steel, cast iron, or clay pipes are prone to breakage or corrosion. This means they can affect the quality of your drinking water and the entire sewer system. They can easily rust or crack, reducing your plumbing system’s efficiency.
Upgrading old pipes to ones made of copper for water supply and PVC for waste outlets can significantly boost your home’s value since they’re corrosion-resistant. Also, replacing old pipes reassures potential buyers that they won’t have to deal with leaks, pipe breakage, and other plumbing issues.
Ensuring your pipes are modernized and in good condition will go a long way in making your home more valuable. Also, calling an emergency plumber for massive breakages or any alarming issues is advisable.
Pipe insulation is one of the aspects commonly overlooked by homeowners since most pipes are usually placed in the basement, where it’s typically cooler than any other place in your home.
When the pipes aren’t adequately insulated, your energy bills may skyrocket due to the high energy loss. Although many see it as a minor upgrade, it’s a plumbing project that can help save a lot on energy and maintenance costs.
You can use sleeves or wraps to insulate your pipes. However, opt for ones that easily fit over the exposed pipes, adding a layer of protection and warmth.
A slow or clogged drain is an absolute turn-off to any homeowner. If your drain has issues, it’s advisable to call a professional plumber to inspect and address them promptly. Installing filters and hair blockers can help prevent your drain from clogging.
A fully functioning drainage system can help boost your property’s value as it guarantees the potential buyers no drainage issues in the future.
4.Opting For Efficient Water Heaters
Water heaters are crucial plumbing fixtures in any home. That’s why most homeowners ensure they’re well-maintained and functioning optimally at all times. Fortunately, you have a variety of options to choose from, depending on your home’s needs and space. For instance, a tankless heater would be the best option if you want to save space and lower your energy consumption, as it only heats water whenever needed.
5.Adding An Extra Bathroom
Adding an extra bathroom is a plumbing upgrade that can increase your home’s value. You can add luxury features like heated flooring, a jetted tub, or a steam shower. A half-bath with a toilet and sink can do the trick for rooms with limited space.
6.Installing Pull-Out Faucets
Pull-out faucets allow one-hand operation, thus, are versatile, giving the sinks in your home an aesthetic appeal on top of making them more functional. Having such features in your home makes it easier to do dishes. Additionally, pairing these pull-out faucets with a double sink ensures you get the most relatively cheaply.
Not only does it provide convenience, but this type of plumbing project also makes a statement in your home.
7.Adding A Laundry Room
Creating a laundry room can help increase the value of your home. Making use of the little unused space in your home while reducing clutter and allowing all laundry activities, including ironing, to be restricted to a specific room can attract potential buyers.
8.Installing A Dishwasher
Installing a dishwasher in your home would attract both a buyer who is used to having one and a buyer who desires one. Someone who’s used to using a dishwasher can’t have the desire to wash dishes by hand in their new residence. Therefore, this can be an excellent plumbing upgrade that can increase the value of your home.
Recently, homeowners have needed to reduce their carbon footprint to salvage the badly beaten earth. Eco-friendly upgrades such as installing dual-flush toilets, low-flow faucets, and showerheads, which can all help save on water consumption, are things environmentally aware prospective homebuyers would be delighted to have.
A home’s plumbing system highly determines its value. So, it has to be up-to-date and well-maintained, and issues should be dealt with as soon as possible. The list above will be a great starting point if you’re thinking about the plumbing upgrades you can do to your home to boost its value.