Increase Your Home's Value by Upgrading These Plumbing Fixtures
The demand for kitchen and bathroom remodeling projects is expected to increase by more than 16% in 2021, to a whopping $158.6 billion in annual spending. Homeowners have set their sights on new and luxurious fixtures and keeping up with the latest high-efficiency trends to lower their environmental impacts and save money in the long term. Not all upgrades are ROI-boosters, so we'll cover the important fixtures to upgrade to add value to your home.
Galvanized, clay, and cast-iron pipes
Upgrading plumbing pipes to modernized alternatives add extensive value to your home. Houses with older plumbing systems that contain clay, lead, galvanized, or cast-iron lines often experience leaks or corrosion. Such issues downgrade the quality of water and stop the home's plumbing from functioning correctly. Also, certain materials can lead to expensive repairs or damage down the line.
Dated and energy-sucking appliances
There is no limit to the types of appliances that you can update for higher efficiency. Some options include:
Dishwashers
Refrigerators
Washers and dryers
Garbage disposals
Upgrading such appliances to more effectively use water and electricity pays off in the long term. For example, for a dishwasher that is more than 20 years old, you could be wasting more than 3,500 gallons of water every year. Getting an eco-friendly washer and dryer saves the average homeowner over $200 per year in water and electricity bills. Additionally, for homeowners planning to rent out their homes, energy-efficient appliances are popular with renters seeking to save on their monthly utility bills.
Old and low-efficiency toilets
Toilet usage makes up a third of the total water consumption in a home. With many new eco-friendly toilet options on the market today, homeowners can easily upgrade their toilets without sacrificing a thing. High-efficiency toilets remove waste by velocity rather than volume, so the bathroom uses less water in each flush. It may not sound like a huge impact, but some efficient toilets decrease water usage by nearly 500%. Also, if you've come to love your home toilet, no worries, retrofitting is an option by adding a toilet bank.
Inefficient home water heating systems
Even in warm Las Vegas climates, people need functioning hot water. Upgrading the water heating system to a tankless water heater can have long-term benefits for your home's value. Although the price of a tankless water heater can set homeowners back, replacing the old or outdated units will help with water efficiency, lower maintenance expenses, and decrease overall water heating costs.
Not all tankless water heaters are the same, and it is essential to know if it will require a gas line hookup or if an electric heater is better suited for your property. Consult with a professional plumber when deciding on plumbing upgrades to see what best fits your home and needs.
Additional ways to increase your home's value through its plumbing fixtures are to replace showerheads and faucets with water-saving alternatives. These options are referred to as "low-flow" fixtures.
Hire a professional plumber
Deciding to upgrade one's home should be a fun and fruitful process, not a money dump. With some of the above advice, we hope to help homeowners make educated decisions on their home plumbing and create additional worth in the process. If you need advice on upgrading your home's plumbing, speak with an experienced and licensed plumber.
If you need honest and experienced professional plumbing services for residential and affordcommercial plumbing needs in Las Vegas, Henderson, and Enterprise give us a call at 702-766-3320.
