Are you trying to increase your home’s value? If so, you might have the typical upgrades on your to-do list, such as planting new flowers and putting down fresh mulch to boost curb appeal. You may have also decided to renovate your kitchen to attract potential buyers. While all these upgrades are worth considering, you shouldn’t overlook the potential benefits of installing a generator on your property.
Does a whole-house generator add value to your home? Believe it or not, the answer to this question is an absolute “yes.” Unfortunately, power loss is no laughing matter. During a power outage, your home can sustain serious damage, and your family’s safety is often at risk. This is where investing in a standby generator can make a difference.
Below, we’ll discuss why a home generator does increase home value — and just how much return of investment you can expect.
How Do Whole-Home Generators Work?
As a homeowner, you may feel overwhelmed by all the generators on the market. It’s no secret that there are many generators to choose from. For example, portable generators are a popular choice because of their smaller size and mobility. However, a standby generator is certainly the best option if you want to power your entire home during a power outage.
Standby generators typically operate on liquid propane or natural gas. When the generator is properly sized, it can power all of the appliances, systems, and devices in your home.
Use this guide to see what you can expect from a whole-home generator during a power outage:
Hopefully, you now understand how a standby generator works. But how does a whole-house generator add value to your home? Let’s answer this question in more detail below.
How Does a Home Generator Increase Home Value?
At first thought, investing in a standby generator can seem like a large, unnecessary expense. However, installing a whole-home generator on your property is certainly worthwhile for most homeowners — especially if you live in an area that’s prone to power outages, encounters frequent problems with the power grid or has severe hurricane/storms that can knock-out power.
So, how much does a home generator increase home value? On average, you can expect a standby generator to increase your home’s overall value by 3-5%. This means that you can potentially enjoy a significant return on investment.
Let’s discuss some of the factors that make generators appeal to potential homebuyers.
Peace of Mind
A professionally-installed generator can attract buyers to your home for many reasons. For starters, generators can help homeowners rest easy, knowing that their most important appliances and devices will work when they need them most.
Money-Saving Incentives
How else does a whole-house generator add value to your home? Next, you’ll want to consider all the damage your home can accumulate during a power outage. Believe it or not, power outages cost homeowners hundreds or thousands of dollars.
Loss of food in your refrigerator and freezer is not the only concern. Your appliances, devices, and equipment can also become damaged, requiring costly repairs or replacements.
As you can see, a generator can increase your home value simply by its ability to protect your belongings. By investing in a standby generator installation, you can potentially save money down the road.
Install a Whole-Home Generator With Keefe’s!
“Does a home generator increase home value?” If you ask your friends and neighbors this question, there’s a good chance they’ll exclaim, “yes!” It’s important to be able to power your home at all times of the day, especially during a severe storm — and a generator will allow you to do this.
Now that you know a whole-house generator does add value to your home, don’t wait any longer to get started with an installation. Keefe’s can help you with a whole-home generator installation in New Orleans, LA, and the surrounding areas. Contact us today to schedule your appointment and see what our friendly experts can do for you!
