According to Consumer Reports, using LED lighting in your home can increase its value by at least one to three percent. Instead of constantly having to replace old, dim bulbs, you won't have to change LED bulbs for years. Lighting is a relatively inexpensive way to help increase the value of your home. If you plan your lighting project effectively, you can turn an ordinary home into a beautiful home and increase the value at the same time.
Landscape lighting rarely adds real value to a home, but it can add perceived value. It makes a home safer and more visually appealing, but it's hard to prove it during the day. It's important to show your garden lighting to your home appraiser so they can let them know if it adds value. It can provide a sense of comfort and warmth that people may not realize is a simple landscape lighting design.
Another way in which home value can increase through the introduction of LED lighting is, obviously, the visual improvement it will bring to a home. While there's no doubt that upgrading your home's interior or exterior lighting can make it a more pleasant place to live, the question is whether doing so could increase the resale value of your home. Similarly, around five percent of significant energy costs can be saved just by switching to LED lights. However, the landscape lighting design enhances structural details and softly illuminates your home, providing a warm atmosphere.
While it may not be immediately apparent, one of the most cost-effective strategies to increase the value of your home is through simple and efficient lighting improvements. LED lighting is attractive to many potential buyers and could increase the value of your home by 1% to 3%, according to Vonn. Entrance lighting will increase the value of your home because, like landscape lighting, your driveway is also one of the first things visitors will see when they enter your home. However, it is difficult to determine the amount that will increase the value of your home after a lighting installation upgrade.
With attention to detail and solid design knowledge, Southern Lights is the leading outdoor landscape lighting company in the state of North Carolina and beyond. Many garden lighting providers cite “numerous studies that show that landscape lighting can add up to 20% to the value of your home, which is a sizeable sum. Remember to consider the cost of the lights and the amount of wiring you are going to need and, depending on the location, you will need good quality burial wire for the job.