When it comes to increasing one’s home value, you may immediately consider changing your house’s exterior. Although this is a strategic move, given that the exterior will be the one giving off the first impressions, there’s also a crucial yet most commonly ignored improvement to boost your house’s value in the market: waterproofing your basement.
Home sellers who fail to consider improving their basement before selling a house may lose their chance to raise their house’s price. Not only will a well-maintained and waterproofed basement provide plenty of benefits, but it also presents some vital points that’ll surely influence your home’s overall value, like the following:
- Adds appeal and enjoyment
- Gives more space
- Increase energy efficiency
- Stay updated
Here’s an in-depth explanation of why you should consider waterproofing your home’s basement:
1. Provides more enjoyment
Most home sellers only focus on home improvements that’ll give them great monetary returns. However, if you step in the shoes of a potential buyer, what comes into their mind is how they’re going to enjoy their new house. This is why they’ll also consider the comfort and convenience they may get in a house before making a decision. Fortunately, a waterproofed basement gives you this edge.
Having a waterproofed basement brings comfort and convenience since future residents will no longer worry about cleaning up the after-effects of a flood. Additionally, if the basement remains dry despite any storm or hurricane passing through, it may help maintain indoor quality.
A waterproofed basement doesn’t only provide you with water-resistant features, but it’s also a reflection of your house’s cleanliness, which is appealing to home buyers. As you waterproof your basement, any peeling paints, cracks, and holes will be covered, making the entire area neat. This appealing feature that a waterproofed basement brings will surely increase your house’s overall value.
3. Safeguard one’s health
Did you know that the basement is a part of your house that can also serve as a haven for mold growth, which is a cause of health concerns if it’s not properly maintained? The development of mold may not be ideal for someone who has respiratory problems, such as asthma. This is because one of the triggers for such a problem is mold allergen spores.
This being said, it’s important to waterproof your basement. Doing so may help you prevent any molds from developing since there’s going to be no stagnant water, which is one of the breeding grounds for mold. Given this benefit, you’ll surely attract many buyers since there’s nothing more reassuring than a safe abode.
Speaking of molds, these causes of health concern can also affect your house’s indoor temperature. This is because they may block or prevent outdoor air from entering your home. Also, by not addressing any problems with your basement, like cracks, it’ll also provide the same effect–it won’t let cold or warm air seep through. These circumstances render your HVAC system consumes more power just for it to maintain your desired temperature.
Fortunately, if you waterproof your basement, it may reduce your energy consumption, which is surely an attractive factor for potential buyers. Being energy-efficient is more appealing since it’ll save more money in the long run, which is a huge plus for home buyers, even if your house comes at a higher price. Saving on energy costs is appealing in the sense that it’ll yield more savings. A waterproofed basement also means that your house’s interior is properly insulated from outside factors, like heat or cold, which affect the temperature indoors.
5. Buyers will no longer worry about renovations
Some home buyers won’t bother looking at a house if they’re given the responsibility to renovate and update the majority of the space. This is especially true if the buyer wants to move in immediately.
Fortunately, if you waterproof your basement in advance, you’ll have an extended period of relief since it’s actually a long-term solution. This will attract potential home buyers since waterproofing your basement implies that you’ve also addressed any possible water damage, hence increasing your home value.
The benefits of having a waterproofed basement are surely worth the renovation costs. This is because conducting such a renovation is going to be an investment that you don’t want to miss out on. As shown above, the benefits of having a waterproofed basement won’t only serve as an attraction for potential buyers, but it’ll also increase your home’s overall market value, which is definitely important if you’re planning to sell your house in the future.