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7 Cost-effective electrical upgrades to increase your home value in Tauranga

When looking to increase your home's value, electrical upgrades are a wise investment. In New Zealand, where both sustainability and safety are top priorities, improving a property's electrical system can significantly enhance its market appeal.

Here's a look at some cost-effective electrical upgrades that are both practical and valuable in today's housing market. If you're planning a new build or thinking of renovating an outdated home contact the team at Straight Up Builders Tauranga for personalised advice or a quote. 

1. Switch to LED Lighting

Lighting is essential for creating the right atmosphere in a home. LED lighting is a great choice because it is energy-efficient and long-lasting, helping homeowners save on their electricity bills. By upgrading to LED lighting, you not only reduce energy costs but also update your home with cleaner and brighter illumination.

Advantages of installing LED Lighting:

  • LEDs consume up to 85% less energy than traditional incandescent bulbs which reduces energy use making them cheaper to run.

  • LED's last up to 25 times longer than a standard bulb. Reducing costly and inconvient replacements.

2. Install Energy-Efficient Switches and Dimmers

Installing smart switches or dimmers is a simple and affordable upgrade that enhances the lighting experience and adds value. These upgrades attract buyers who prioritise both functionality and energy efficiency in a home.

Advantages of Energy-Efficient Switches and Dimmers:

  • Dimming lights reduces electricity consumption.

  • Homeowners can adjust lighting to suit different moods or activities.

  • Smart lighting controls offer modern convenience and appeals to buyers.

3. Upgrade Electrical Outlets

Modern homes require adequate and strategically placed power outlets, especially as the demand for charging devices and using smart gadgets continues to rise. Upgrading outlets demonstrates to potential buyers that the home is well-equipped for contemporary electrical needs and safety.

Advantages of upgrading electrical outlets:

  • Combine standard plugs with multiple ports for added convenience, eliminating the need for an unsightly bulky adapter.

  • Installing ground-fault circuit interrupters (GFCIs) improves the safety in areas like bathrooms, kitchens, and outdoor spaces.

  • Childproof outlets enhance the safety for families with small children.

4. Install a Smart Home System

Smart home systems are increasingly popular in New Zealand due to their convenience and potential for energy savings. These systems enable homeowners to remotely control lighting, security, and heating. They enhance energy management and give any home a modern, tech-friendly appeal. If you're interested in exploring this option further, we can connect you with a local electrician for more information.

Advantages of Smart Home Systems:

  • Smart thermostats control heating systems for better energy efficiency.

  • Smart lighting systems automate lights to turn on/off based on schedules or occupancy.

  • Home security integration offers smart cameras or alarms for added safety.

5. Upgrade the Electrical Panel

Older homes often have outdated electrical panels that cannot support the power demands of modern appliances and electronics. Upgrading the electrical panel can help ensure the home is safe and prepared for the future. This upgrade is especially beneficial for older homes that are being modernised or renovated.

Advantages of upgrading the electrical panel:

  • Upgrade to a higher capacity panel to support new electrical loads.

  • Prevent electrical hazards, such as overloaded circuits or potential fires.

  • When selling your home, buyers often look for properties with modern electrical systems to avoid costly updates later.

6. Add Solar Panels or Solar-Ready Wiring

New Zealand's focus on renewable energy makes solar power an appealing addition to any home. While installing a full solar panel system can be a significant investment, preparing the home with solar-ready wiring is a more affordable step that can still increase value. Homes that are solar-ready appeal to eco-conscious buyers and future-proof a property for further sustainability upgrades.

Advantages of adding solar panels or solar-ready wiring:

  • Solar power can significantly reduce electricity bills for lower long-term energy costs.

  • Homeowners may benefit from financial incentives such as green loan programmes from banks and lenders which may help you meet the costs for solar installation.

  • Solar power is sustainable and aligns with New Zealand's push for greener energy solutions.

7. Install EV Charging Stations

As electric vehicle (EV) ownership rises in New Zealand, homes equipped with built-in EV charging stations are becoming increasingly desirable. This upgrade is particularly appealing in urban areas where EV ownership is growing rapidly.

Advantages of homes with EV Charging Stations:

  • Charging at home is more convenient than using public stations.

  • As EVs become more common, homes with charging stations will have higher market appeal.

  • Pairing EV chargers with solar panels further increases energy efficiency.

Focus on Modernisation and Efficiency

For homeowners in New Zealand looking to enhance their property value, cost-effective electrical upgrades provide significant advantages. Focus on modernising lighting, ensuring safety with upgraded outlets, and incorporating energy-efficient technologies such as smart systems and solar-ready wiring. These improvements not only increase the value of your home but also align with New Zealand's emphasis on sustainability and energy efficiency.

By selecting the right electrical upgrades, you can make your home more appealing to potential buyers, improve its energy efficiency, and ensure it is future-proof for years to come. If you are renovating you home or building new in Tauranga contact us for more information.