A new roof, foundation, heating system, air conditioning installation, or plumbing pipes are not as exciting and wonderful an experience as an updated kitchen, new flooring, spa-like bathroom remodeling, or an upgraded driveway but they add huge worth in the market value of the house than others. In case you are thinking about whether to update the kitchen, replace shingles, or remodel the bathroom you must go with upgrading the major system of the house, and here is why.
1. How Major System Issues Can Impact the Value and Sale of Your Home
When a home is listed in the market for sale and buyers show interest in the property, then two professionals visit the house: an inspector and an appraiser. Both professionals are hired by either the buyer or the buyer party’s lender. The appraiser observes the home to figure out its current value. In case there is any major issue with the systems of the house, the value of the house reduces. On the other hand, the inspector will focus closely on the major systems and write the conditions of the house in the report. Besides that, he also observes closely and sees how everything functions after testing them. In case any major issues are found then the buyer ends up asking to lower the price or make necessary repairs.
2. 3 Major Systems to Ensure Good Condition Before Listing Your Home
HVAC System
The major components under this system include the compressor, furnace, ductwork, condenser, and air handler fan. The replacement of any of these systems and ac repair are usually a pricey investment but a big one. Updating these systems makes certain that the systems have been thoroughly inspected and the tuning of the whole system will go a long way in enhancing the market worth of the house. Repairing the systems or even upgrading them assists in preventing costly repairs and saves a huge sum of money on consumption bills. In certain areas, energy companies even offer assistance or incentives while energy systems are upgraded.
The Roof
Old and aging roof is not only dangerous or harmful to the home’s overall curb appeal but it can also result in huge and expensive repair requirements in the areas of the home when it leaks. The replacement of the roof may cost thousands of dollars or even more based on the size of the roof and the type of material being replaced. Hence, make sure to have a few different roofers monitor the roof if it is fairly old on your home and get bids. It might also be possible that the home just needs some section repairs instead of a completely new roof.
The Foundation
When anybody listens to the word foundation issues it instantly raises concerns. The person will immediately conclude that the home is falling apart. This judgment can form minor issues like an uneven floor resulting due to all too common ground slightly shifting under a home. To get the foundation monitored and have the paperwork to back up essential measures is a great idea. This would assist in proving that things are okay and set a buyer’s (and lender’s) mind at ease. Hence, before you begin demoing that kitchen, make certain the major and significant systems in your home are in great condition first.
