The Property Brothers' Priceless Advice For Maximizing An Older Home's Value

Are you anxious about how your home's old age might impact its value? If you answered yes, you might be wondering how to maximize your home's worth despite its age. This is easier than you may think. In fact, many of your home's older features can actually be turned into a selling point. In a video shared to the Drew & Jonathan YouTube channel, Property Brother Drew Scott explained that dated rustic features left inside a renovated old home add to its charm. These appealing design elements may help increase your home's value.

The key to using some of your home's old charming features to your advantage is to ensure you make upgrades and renovations where appropriate. This way, buyers can enjoy the personality of those aged design elements and the functionality of other modern touch-ups. You will still need to update your HVAC system and plumbing to avoid your home's value taking a major hit. Buyers likely will not want to cover the cost of repairing them. Once you have completed the necessary repairs and upgrades, you can select key design features within your old home to keep as is. If you own a dated house, consider using this clever hack to improve its value.

In the YouTube video, Scott highlighted rustic floors, brick detailing, pocket doors, dated tiles, and a clawfoot tub as the original design elements left in the home to add charm. You will notice that other features, such as the kitchen cabinets and the paint color used on the pocket door, were given a modern upgrade. This perfect balance of old and new will help a dated home stand out. To replicate this in your own home, take some time to identify old design elements that add personality to your decorating scheme. Think old fireplaces, original wood floors, or a stunning accent wall. After repairing any wear and tear, leave these features otherwise as is.

Now, let's take a look at those HVAC and plumbing upgrade costs that could also make a huge difference in your home's resale value. Remember that even if you decide to leave some old design elements, these systems may still require repair or replacement in a dated home. The total cost of replacing an HVAC system ranges from $5,000 to $22,000. The replacement type and labor cost will determine where your expenses fall within this range. If your old system requires a repair rather than a complete replacement, you can expect to pay anywhere from $100 to 2,500, depending on the cost of labor and HVAC parts. To update old plumbing, you could expect to invest $1,500 to $15,000.