What Does Turnkey Really Mean and Why Is It Important?
If you are shopping for a new home or are looking at the market in anticipation of selling your home, you may run across the phrase “turnkey” and wonder what it is. “Turnkey” is a simple term that refers to properties that are ready to move into as soon as they change ownership, without the need for any repainting, repairs, or renovations such as repiping. Buyers should be able to put a key in the door, turn it, and walk into a property that is ready for immediate habitation.
Know that “turnkey” doesn’t refer to a property that is just structurally sound – though that is the base criteria to meet. Turnkey also refers to property that are aesthetically pleasing. (Even if some buyers want to change the colors to suit their own preferences, the look still qualifies as turnkey if it is pleasing enough for a general audience).
Who Buys Turnkey Properties
Every type of buyer can be interested in turnkey properties. Often, they appeal to investors who want to buy properties and rent them without much effort. They don’t want to invest in totally repiping the house or making other repairs or renovations. They just want an attractive property that’s ready to go and ready to start making money.
Of course, individual homebuyers are also interested in turnkey properties. Most people don’t have a large amount of money saved for both a down payment and a lot of renovations. Nor do they have the resources to borrow that money. They hear “needs new plumbing” or “needs repiping,” and they are going to be out the door faster than you can blink. On the other hand, if they hear that the house has recently had total repiping, that is going to be a huge selling point for them. People are much more likely to buy a home that has had repiping or other major renovations that are going to limit their future expenses.
Getting Your House Ready for Sale
You can increase the selling price for your home and help it to sell faster by taking steps to make your property turnkey. One of the most important things you can do is renovate the foundational systems in your home, such as plumbing and electricity. Potential buyers know that these are some of the most expensive things in a home to repair or replace. If you repair or replace them ahead of time, you are giving buyers the peace of mind of not having to repair or replace these items for many years (or even decades).
Work with an Aliso Viejo repiping plumber to assess your system and determine its overall health and potential lifespan. If you have an aging house, chances are good that you’ll need to invest in repiping. As those pipes age with the house, they are going to be prone to corrosion, leaks, and other problems that can damage the house and create a nightmare for future owners. These are things that will be discovered in an inspection and that can derail your sale.
Upgrading to a new material like PEX piping can make your home much more desirable for potential buyers. PEX is an eco-friendly and highly energy-efficient material that will last for decades and keep energy expenses low. The material is flexible and easy to install, which makes it a less expensive option than many other types of piping. PEX pipes can be easily routed through small spaces and around tight corners, which makes it a good choice for older homes and those with irregular designs. PEX can also be routed so that it does not protrude into interior spaces, creating an eyesore or taking up needed room.
If you are getting your home ready for sale, contact Integrity Repipe in California. We are PEX piping specialists, and we can repipe your whole home so that it is more energy-efficient, experiences fewer problems with corrosion or leaks, and gives you a consistent quality of water. We can also upfit your home to ensure that it is in turnkey condition so you have the best opportunity to get the best selling price for your home in the shortest amount of time. Call us today to talk to a repiping plumber or to schedule an inspection for your home.
Published by – Integrity Repipe Inc
Integrity Repipe Inc – Mission Viejo, CA
27281 Las Ramblas, Suite 200
Mission Viejo, CA 92691
Integrity Repipe Inc – Long Beach, CA
2201 N Lakewood Blvd, Ste D #297
Long Beach, CA 90815
Integrity Repipe Inc – Aliso Viejo, CA
27068 La Paz Rd #771
Aliso Viejo, CA 92656