How Professional Outdoor Lighting Could Increase Your Home’s Resale Value
The first impression of a house speaks volumes, and how it is lit is a major part of that impression. As attention to detail escalates in the home buying market, homeownership investments like professional outdoor lighting are no longer mere luxuries, but necessities that could significantly boost your home’s resale value. According to the National Association of Realtors, an estimated 41% of potential buyers find outdoor lighting to be a very important aspect of a home’s curb appeal.
Highlighting Architectural Features
Outdoor lighting serves as an aesthetic showpiece that highlights the architectural features of your home. Outdoor lighting fixtures, when professionally arranged, make the building stand out after sunset, showcasing unique elements like archways, columns, or textured walls. This not only makes your home memorable to potential buyers, but also enhances their perception of its value. It brings life to the property and creates a charming ambiance, adding an extra level of appeal.
Improving Curb Appeal
Curb appeal directly influences the perceived value of your home. Bright outdoor lights that are strategically placed to enhance landscaping features can add significant curb appeal to your property. The illumination creates an inviting aura around your house, which is crucial while showcasing it during late evening viewings. Plus, it instantly uplifts the aesthetic beauty of your landscape while being functional at the same time.
Enhancing Safety & Security
Outdoor lighting increases safety and security for inhabitants and visitors alike. It reduces potential hazards such as falls or accidents by illuminating paths and stairs. This factor is particularly important for families with elderly members or young children. Additionally, well-lit exteriors serve as deterrents for potential intruders, providing added assurance for future homeowners.
Boosting Outdoor Living Space
Incorporating professional outdoor lighting allows you to take advantage of your outdoor living space even after the sun sets. Not only does this extended functionality appeal to potential buyers, but it also gives them the idea that they are getting more usable space for their investment, which translates into a higher valuation for your home.
Outdoor lighting not only enhances beauty and security but also adds versatility to your property. From themed holiday lights to an inviting ambience for an alfresco dinner, these additions can serve multiple purposes. Buyers will appreciate this added versatility and are likely to consider it when making the purchase decision.
Maintaining Neighborhood Standards
If you live in a neighborhood where most homes have professional outdoor lighting, it becomes almost necessary to maintain the same standard. Not doing so could potentially lower your home’s resale value. Conversely, by adding quality lighting, your home’s value could match or even exceed other homes in the neighborhood.
Reducing Future Costs
Installing professional outdoor lighting using high-quality fixtures and energy-efficient bulbs can reduce future maintenance costs for the next homeowner. Enhanced longevity and reduced electricity costs translate into future savings, making your home a more attractive buy.
Appreciating Property Value
A professional outdoor lighting set up can be seen as a lasting capital improvement. Just like a renovated kitchen or added bathroom, these lights could trigger an appreciation in the property value over time. With an estimated return on investment of up to 50%, this is an upgrade worth considering.
The perception of a house greatly affects its sale process. Lighting creates shadows and highlights features, manipulating perception to make your property appear more spacious, cleaner, and well-maintained. This subconsciously influences potential buyers and can accelerate the sale process.
Achieving Photographic Advantage
Better lit exteriors result in better photographs. In today’s digital age, buyers start their home search online. High-quality photos with good lighting can attract more views, and consequently, more potential buyers.
If your outdoor lighting utilizes energy-efficient technologies such as solar power or LED lights, it can serve as a selling point for eco-conscious buyers. Their draw towards a sustainable, energy-saving home could result in a higher bid for your property.
Adding Personal Touch
Professional outdoor lighting gives you an opportunity to add your personal touch. Themed lights or uniquely arranged fixtures can make your home stand apart from others in the market. While preserving universal appeal, this uniqueness can also command a higher price.¨
Influencing Nighttime Viewings
Nighttime viewings are becoming increasingly popular. A well-lit exterior provides a warm welcome to potential buyers and helps them envision what it would be like to arrive home after dark. Good outdoor lighting can significantly influence their experience and decision.
To summarize, professional outdoor lighting not only boosts curb appeal but also increases safety, security, versatility and perceivable space of your property. It plays an integral role in shaping first impressions, influencing buyer perception, and ultimately determining your home’s resale value. So, consider this investment if you are planning to place your house on the market for a great return on investment.