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HomeReal EstateProperty Investment5 Ways to Improve Real Estate Value Through Plumbing Renovation

5 Ways to Improve Real Estate Value Through Plumbing Renovation

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There are many ways to improve the value of real estate properties, whether you are in the business of buying, selling, renovating, or simply living. But it’s important to carefully consider which projects will suit your needs best. When you are considering projects to increase the value of your home, plumbing improvements should be at the top of your list. Pipes and fixtures that are functioning properly are a great asset when it comes time to sell your home. Kitchen and bathrooms are often the most used areas of the house, and the ones that experience the most wear and tear. To get a better price on your house, consider upgrading your plumbing. Let’s explore 5 plumbing renovations you can do to improve real estate value.

Repair Broken Pipes

One of the first and most obvious renovations is to repair broken pipes. Broken or leaking pipes can cause significant damage to your home. Finishes can be destroyed or mildew can build up in walls and flooring due to leaks and moisture buildup. A professional plumber can do an inspection of supply pipes and waste lines and make recommendations for repairs and upgrades. By repairing broken pipes, not only will your home be in better condition for living, it will be in better condition for selling as well.

Replace an Older Water Heater

You may not want to upgrade, but replacing your water heater can add countless value to your home. An older water heater may not be very efficient and may take too long to heat up water, costing you more on energy and water bills. By upgrading to an energy star rated water heater, you can save on utility costs. Lower utility bills are a definite selling point for this upgrade. This is one of the plumbing services and investments you won’t regret.

High Efficiency Toilets

Another possible plumbing renovation is to replace your toilet with a higher efficiency model. If you live in an older home that was built in the 30s through the 60s, you may have toilets that waste 5 gallons of water per flush. Modern toilets that use only 1.28 gallons per flush can make a huge difference in your daily water usage. These advanced models are referred to as high efficiency toilets or HETs. These are user and environment friendly. Consider switching to one of these toilets to save money and improve your home’s value.

Install Smart Faucets

If you are looking for a more technological upgrade, then look no further than smart faucets.Tech is everywhere in homes these days, from TVs to security systems. There are even smart faucets that are equipped with efficiency sensors and temperature gauges to carefully control how much water you use in the bathroom. This saves water and improves heating and energy usage. In addition, there are kitchen faucets that can be operated by a voice command to dispense a precise measurement of water needed for a recipe. This can help you also keep the faucet handles clean as you won’t need to touch them with dirty hands in order to wash.

Water Filtration System

Lastly, savvy homeowners should look into water filtration systems, for value and health benefits. If you are like many, you probably already have a water purifying pitcher sitting on the top shelf of the refrigerator. Or, you may have cases of bottled water in your pantry. While these both provide filtered water, the cost of filters and bottled water can add up quickly. You can cut this expense down by installing either a kitchen sink filtering system or even a whole-house water filtration system. This will increase the value of your home and the quality of your water. Water filtration will help you and your family stay healthier as well.

Final Thoughts

Making plumbing improvements to your home is a good step to take when looking to increase the value of your real estate. Efficient and technically advanced plumbing systems and fixtures save you money and provide an excellent return on investment. Start by having your professional plumber do an inspection of the pipes and fittings. Then, budget for and plan on improvements based on his or her recommendations.

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