Selling your home is a golden opportunity. One of the best ways to take advantage of this opportunity is to upgrade certain features in your home. Of course, many sellers spend money on paint, carpeting, and staging, which is a great way to score points with buyers and get a better price for your home.
In addition to these basics, upgrading your home’s plumbing before listing the house is a common way to add to your home’s final sales price and your overall profit. After all, sometimes you have to spend a little bit of money to make money. This blog lists some of the top plumbing moneymaking improvements that you can use to make your house more appealing to potential buyers.
1. Upgrade to a Tankless Water Heater
A tankless water heater is a major plumbing upgrade that can save the new owner money in the long-term. According to the U.S. Department of Energy, if a home uses smaller quantities of hot water, then tankless water heaters are 24 to 34 percent more efficient than the standard tank models. For homes that use more hot water, tankless water heaters are typically between 8 and 14 percent more efficient.
The cost savings of a tankless or demand water heater can become a major selling point. If the house is larger and the new owners will likely go through more hot water, then you could add another tankless model to make your home even more attractive.
Beyond saving the homeowners money, these tanks will have hot water whenever they need it. Instead of waiting several hours for hot water after a shower, a tankless model allows multiple family members to use on-demand heated water much sooner. Again, this is another selling point.
2. Replace the Fixtures
Worn, broken, or outdated bathroom and kitchen plumbing fixtures won't help sell your house. The potential buyer may think that the house isn't well cared for or may worry that they'll have to spend more than they want to replace the old fixtures after they move in.
Remove those old fixtures and have a plumber replace them with brand-new versions. The new fixtures will catch the eye of the buyer and they’ll create an entirely new décor scheme that you can show off.
3. Add a Garbage Disposal
A garbage disposal may not be a necessity, but many homebuyers look for this convenience. Instead of having to clear the food debris from dishes into the garbage (where it will sit and make your home smell), a disposal whisks the debris away.
If you have an older disposal that only works occasionally or makes loud noises, then your plumber can replace it with a new one. You don’t have to worry if your sink doesn't have an existing disposal, depending on the type of sink you may need to replace it or make alterations in the plumbing set-up to accommodate a new disposal. A professional plumber can help with this.
4. Replace the Toilets
Toilets aren't on the top of many homeowners or homebuyers' minds. However, if your home has an old, stained, or oddly colored toilet, it can drag down the resale value. A new buyer doesn't want to worry about renovating the bathroom immediately after moving in. An old toilet may trick their eye into thinking that the entire room needs to go.
In addition, installing a water-saving toilet is a selling point that buyers who are looking to save money (and help the environment) will appreciate. According to the U.S. Environmental Protection Agency (EPA), the average toilet uses just over one-quarter of the household's water. When you install water-saving toilets, the homebuyers will be able to save a large amount of water.
Do you need to make plumbing upgrades before listing your home for sale? Contact us at Ritz Plumbing for help or more information. Our professional plumbers can help with any plumbing project you have.