How Electrical Inspections Can Lead to an Increase in Your Home’s Value

An electrical inspection is a key factor in determining your home’s value. Whether you’re on the market to sell, or simply haven’t had your home appraised in decades, an electrical inspection will enlighten you on how your current electrical system affects the value of your home.

Inspectors have a long list of electrical requirements to examine. These include, but are not limited to, proper circuits, GFCI and AFCI circuit protection, electrical boxes, box heights, cables and wires, and cable anchoring.

Here is a list of upgrades that will increase your home’s value:

Light Switches and Outlets

Light switches and outlets are one of many features that inspectors will examine. Replacing outdated switches and outlets is an easy way to increase your home’s value. Upgraded switches are appealing with their dimming options, while upgraded outlets can also offer integrated USB charging.

Even better, these upgrades are cost-efficient. The older an outlet is, the more likely its internal contact points will lose their grip on plugs, which can produce heat that damages the wiring in the walls. What’s worse is that wear and tear can cause electrical arcing, a major cause of house fires.

Electrical Panels

Inspectors will also check out your electrical panels. If your home currently uses a 100-amp panel, inspectors will likely suggest you upgrade to a 200-amp, as these systems have the capacity to handle modern technology’s demands.

If you’re considering purchasing an electric vehicle, or a future buyer already sports one, it’s important to have an upgraded panel to be able to handle the needs of an EV charger. Upgraded panels also offer increased safety. Old panels are more likely to experience shortages and other issues, which future buyers will consider when touring your home.

Ceiling Fans

Ceiling fans are homeowner-favorite thanks to their ability to save on energy costs. Rather than blasting air conditioning and incurring high energy bills, homeowners can combat the heat with the help of an energy-efficient ceiling fan. But if you’re considering raising the value of your home, it’s important to install a ceiling fan that aesthetically enhances the room it’s in. Replacing an old fan with a newer, modern one can help increase the value of your home.

Energy Efficient Lighting

Installing energy-efficient lighting is an effective way to save money long-term. Though it can be pricey to upgrade to energy-efficient lighting, once installed, your home’s value will increase and your electricity bills will be cheaper. Since energy-efficient lighting is a newer invention, your new lighting system will also boast better quality, brighter lighting. This improved ambiance will appeal to even more potential buyers.

How findings lead to an increase in a home’s value

Okay, so what if your inspector tells you that your panel is ancient? Now what? Not to worry! A qualified electrician knows the ins and outs of electrical upgrading. Not only will these upgrades increase the safety, cost efficiency, and modern appeal of your home, but they will also increase its overall value.

If your home is in need of electrical upgrades, it is important to contact a professional electrician to handle these services. Working with electricity requires in-depth knowledge to ensure safety and efficiency.