There are many ways to add value to a home from extra storage, to cosmetic improvements, but a truly beneficial measure is to protect the home from damage during a power outage. A standby generator offers the best protection in the event of a storm or infrastructure failure. A standby generator can be a partial or whole house system. A standby generator will easily pay for itself and by some estimates it could be 150% of the initial investment. Additionally, the presence of a standby generator give a healthy bump to a home’s value up to 5%. A generator on site will lower home insurance costs and save on future repairs to plumbing, heating and cooling, and perishable items. A generator will also help save on the costs of a temporary residence if one is forced out due to damage or a lack of power.
- Generators have a potential to increase your home value by 3 to 5 percent.
- The return on initial investment could be upwards of over 150 percent.
- Your homeowners insurance could possibly be lower depending on the generator you have.
“smart homeowners understand the important distinction between home improvement costs and home improvement investments.”