As of this writing, the home market in Florida is still sizzling hot. If you are considering selling your home, you’ll want to increase your home value as much as possible before listing to get the most out of your investment. There are many ways to do this, including small renovations, upgraded appliances, or even choosing the right paint color. Another way to increase your home value is to perform some key electrical upgrades.
electrical upgrades

When potential buyers have home inspections performed during the due diligence period, you want as few issues as possible. If multiple electrical problems are spotted by the inspector, it can make the buyers wary of proceeding with the purchase. Consider making these upgrades, so your house performs well on the home inspection and value increases.

  1. Replace the electrical panel: Older homes may have outdated electrical systems, starting with the electrical panel. This panel controls the amount of electricity your home’s system can handle. Since our electrical demand is much higher these days than when older homes were built, often the panel struggles to keep up with our needs. Replace your home’s 100-amp panel with a 200-amp panel so that your potential buyers are impressed and find the house more valuable.
  2. Switch to LEDs: This is a relatively inexpensive upgrade that can still have a significant impact. Use LED bulbs in all the light fixtures—this will make your home look better-lit and more appealing than incandescent bulbs and save energy and money on the new owners’ electrical bills. If you want to take this further, install new LED lights under your kitchen or bathroom cabinets to create a luxurious look that will appeal to many and likely encourage them to put a higher offer on your home.
  3. Install a backup generator: It’s no secret that we are subject to power outages during hurricane season here in South Florida. A generator is a must, and having one already hooked to your electrical system is even better. If you are able to advertise that your house comes with a pre-installed backup generator, you will Garner a lot of interest and increase the home’s value.
  4. Rewire the house: In the case of very old homes, it may be that a whole-house rewiring is necessary. Though this is an expensive upgrade, you will likely be able to recoup that investment during the sale—a house with a completely new electrical system is quite valuable, after all.
  5. Add some outlets: If your electrical panel can handle it, have some extra outlets installed. Choose rooms where many devices need to be plugged in, such as the living room, kitchen, or office. Increasing outlet availability lowers the chances of overloading a circuit with a power strip and causing electrical shock or fire.
  6. Install some smart technology: Smart devices are impressive and are sure to impact how potential buyers view your home. They also generally save energy in the long run, since they can adjust automatically based on the current conditions in your home. Have a smart thermostat, lights, or door lock installed, and you will make a good impression on buyers.These electrical upgrades improve your home value and make your house easier to sell. But even if you aren’t selling your home, these upgrades will make your daily life easier, keep power consumption down and keep your family and property safe. Promise Electric’s team of master electricians are experts in residential and commercial electrical projects, no matter the size or scope. If you have an electrical job in the Sarasota area, call Promise Electric today.