With the real estate market starting to cool down slightly, many homeowners thinking about selling their homes are looking for ways to increase their home’s value and marketability. Though there are many ways to make your home look more attractive, one of the best things you can do is replace your old water heater before putting your home on the market. Still not sure that spending the extra cash on an appliance you won’t get to enjoy for very long is the right move? Here’s why it’s a good idea.
It Will Help Your Home Sell Faster
Prospective buyers often want to see properties with new appliances and new fixtures. Having newer appliances in place makes it easier for prospective buyers to believe that you’ve gone to the trouble of maintaining your property and keeping it in good condition. This can boost their confidence and make them more willing to make offers closer to your asking price.
Take a look at the listings for other homes in your area. If they have tankless water heaters or have clearly updated the appliances, replacing your water heater will make your home more competitive with those listings. And when your home is more competitive, it will likely sell faster than it otherwise would.
A New Water Heater May Simplify Negotiations
Buyers always want to get the best deal they can when buying a home. If they find even small issues or minor damage in your home, they’ll use that to their advantage and start trying to negotiate a lower price. You can bet that they’ll inspect your water heater before finalizing their offer.
By replacing or upgrading your water heate
r before you put your home on the market, you’ll give them one less thing to use as a bargaining chip. Of course, you’ll still want to make sure the rest of your home is in good repair, but the fewer issues buyers can identify, the less likely they’ll be to try to talk you down.
It Makes Your Property Seem Less Outdated
Very few home buyers looking for homes to live in rather than fix up and flip are comfortable buying a property that will likely need frequent repairs down the line. Sure, there are always exceptions to the rule, but the newer you can make the interior and the fixtures in your home look, the more confidence buyers will have in your property.
Replacing your water heater will make your home seem less outdated and less at risk of needing significant work down the line.
Schedule an Estimate Today
If you’re thinking of putting your home on the market in the next few months, you’ll want to do what you can to make it stand out from others in the area. Replacing your water heater or upgrading to a tankless water heater now may help you sell your home in the future. If you’re ready to give your home’s water system a facelift, contact the team at Denver Water Heaters, and let us help you find the right system for your needs.