It might not seem like it at first, but the quality of a home’s electrical wiring has a huge impact on property value. In this article, we’ll look at the five main ways an electrician can increase the value of your home.
- Uncover uncertified electrical work
Unless you bought a brand new home, there’s a chance you may be living in a home with uncertified electrical wiring. This happens when homeowners seek to cut corners by carrying out electrical work themselves. This is illegal, as it violates building codes. Only certified electricians can sign off on work, and professionals will never sign off on work they’ve not done themselves.
Uncertified wiring not only invalidates your home insurance policy, but if discovered, can stall your plans for selling your home if it’s discovered by a buyer’s home inspector. A good electrician makes sure all wiring in your home is certified, which increases your home’s value.
- Avoid extensive repairs
When an electrician checks your wiring, they are, in fact, protecting you from costlier repairs down the road. Electrical codes are changing all the time, and regular checks ensure your home doesn’t lose value due to neglect.
- Home protection plans boost home values
Some electrical firms carry out an inspection called a “home protection plan.” The best firms give you over 5 years’ warranty and let you spread the cost of the service over a period of several months. This will stand you in good stead when it comes time to sell your home, as it shows potential buyers that your home’s wiring is in good order.
Best of all, this warranty is attached to the home, so it will be transferred to the new owners upon completion of the sale. As many home inspectors don’t check wiring or building codes, having this warranty will help you raise the asking price by inspiring confidence and trust in the buyer.
- Offer energy-saving advice
Homes with energy-saving features are an attractive attribute for many buyers. Quite a few firms out there will mislead you or outright lie about whether their product can save your home energy. Because electricians sell a service and not a product, they’re more willing to give you honest and impartial opinions about what devices truly save energy in your home. Whether you want to save money in home lighting, or heating your hot tub, electricians offer quality advice about techniques they know work. Ultimately, these energy-saving tips add value to your home and can be carried over to your new house.
- Upgraded surge protection
Although full electrical inspections and home protection plans already include examining a home’s surge protection, the best electricians will be able to point out many ways to improve on this. They’ll show you the best surge protectors on the market so you can protect your valuable electronic equipment as well as increase your home’s value.
