Whether you are planning on putting your house on the market in the near future or you simply want to make a worthwhile investment, spending money on renovations in your home can be beneficial in a number of ways. Not only do you get to enjoy a redone bathroom or the perfectly comfortable living room you designed yourself, you get to feel good about the fact that down the line, these upgrades will pay for themselves because they increase the value of your home. While these kinds of investments can be expensive, they should still be seen as investments. If you sell your home, you will likely recoup your costs. But not only that – some of these upgrades can also cut your monthly bills, so you will start recouping your money immediately. One great investment is to update your plumbing and HVAC. There are a number of solutions that will achieve this goal. Below are some of them.
Go solar with your heating system. Are you thinking about finally upgrading your heating system? If you live in a locale with a lot of sunlight, and have a home that is in the sun, then installing solar panels for your heating needs may be a good idea. Solar panels can provide almost all of the heat you need and once they’re installed your heat bills will drop to close to nothing. You should earn your money back within just five years of installation!
Try a hybrid heat pump. For a gradual greening of your heating system, try a hybrid heat pump that uses both energy efficient technology and traditional heating methods, combining the best of both. Like a hybrid vehicle, the pump uses the energy efficient technology when it can but switches to a gas furnace if it needs to.
Set your heating system on a timer. If you want to quickly cut down your energy needs without a big overhaul of your system, install a timer on your existing HVAC system. This way you don’t need to remember to turn the heat down at night and when you are not home. (You can schedule your lights to go off at a certain point at night, too.) You will see an immediate drop in your heating and electric bills if you start using a timer.
Update your bathrooms. One of the quickest ways to add value to your home and impress prospective buyers is to redo your bathroom. Especially in the case of a master bath, this can give your home value a big boost. Consider adding fancy amenities like heated floors, whirlpool bathtubs, or steam showers. Go green by putting in a new low-flow toilet. You can also add skylights or put in new tiling.
Install low-flow showerheads. If you don’t want to shell out the cash to redo your entire bathroom, consider installing some low-flow showerheads in each of your showers. They look modern and fresh while conserving water. And they still provide a great shower – you don’t have to sacrifice your precious water pressure!
These are just a few ways to increase the value of your home with plumbing and HVAC upgrades. Good luck and remember – you can always consult with a professional!
About the Author: Jim Klossner is a home repair professional specializing in plumbing and HVAC solutions for companies like Cahill.