Does A Fire Sprinkler System Increase Home Value?

Did you know automatic sprinklers have been in use since 1874? Fire sprinklers are an effective first line of defense against home fires. The National Fire Protection Association (NFPA) statistics show this fire-censoring system contains active fires 92% of the time. Furthermore, according to the Home Fire Sprinkler Coalition (HFSC), fire loss costs are significantly lower in homes with sprinkler systems, about $2,166 compared to $45,019 in homes without protection.

Aside from the protection and cost-effectiveness against fire risks, a fire sprinkler adds value to your home. Find out how the cost benefits add if you want to install fire sprinklers in your home.

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Are Fire Sprinklers Worth It?

The Tragic Cost of Home Fires

NFPA statistics indicate home fires have caused 2,620 deaths and destroyed property worth $6.9 billion between 2018 and 2023. Senior citizens and children are more susceptible to home fire accidents than adults. Stanford Medicine Children’s Health states that 500 children die from fire-related injuries each year.

An average of 358,000 housefires occurred each year. Top on the list of fire causes in homes is cooking, which causes 32% of housefires, followed by faulty electrical equipment and wiring.

Additionally, new homes are more susceptible to higher degrees of fire damage than older homes. Statistically, they burn eight times faster. With automatic fire sprinklers, the loss reduction is significant. Regarding death, sprinklers extinguish flames and reduce overall heat and smoke, permitting people caught in the inferno an opportunity to escape.

Interesting Fact about Fire Sprinkler

Besides, fire sprinklers reduce property damage costs by a whopping 95%. A single sprinkler sets off when the fire is small, preventing flames, heat, and smoke from scaling.

Installing Fire Sprinklers Earns Your Home Insurance Discounts

As though averting fire hazards and risks is not enough, fire sprinklers can afford you insurance discounts. A national poll by the HFSC reveals that homeowners get as much as 35% insurance discounts when installing automatic sprinklers. The incentive is based on reduced risks associated with fire sprinklers. The caveat is you must enforce regular maintenance and inspection. Nevertheless, discounts vary. Finding a good deal lies solely on the homeowner’s due diligence when choosing a policy provider.

Readily Available Market

The fire sprinkler system boosts the desirability of your home. A poll conducted by Harris International indicated that 45% of homeowners were more likely to buy a home if it had a fire sprinkler system. Of the percentage, 38% were more inclined to purchase a fire sprinkler containing home.

The Efficiency of an Automatic Fire Sprinkler

Contrary to popular belief, fire sprinklers don’t set off in the entire home when you light a match or smoke. Sprinklers do not activate in response to smoke. Thus, even your smoke alarm can’t trigger a premature activation.

The fire sprinkler system is a heat sensor. It only activates in rooms when temperatures soar to 135F or 165F. Additionally, the sprinklers only go off in the room(s) experiencing high heat levels. 

Fire Sprinkler Installation Costs

Did you know fire sprinkler installation consumes 1% of your budget when building a home? Installing a fire sprinkler system while your home is under construction is much more cost-effective. The average cost per square foot ranges between $1.25 and $3. Prices depend on labor and material costs, which are region-specific.

Types of Fire Sprinklers Available for New Homes

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A stand-alone fire sprinkler system is cost-effective for new homes. Its name stems from the fact that the system does not use water from your portable line. The system contains chlorinated polyvinyl chloride (CPVC), steel or copper piping, and a sprinkler head to tame fires.

Plumbers also install a backflow preventer to prevent the sprinkler system from cross-contaminating the water line. You can install a storage tank to ensure you have enough water to quench the flames before water runs out.

Install a Fire Sprinkler Today

Without a fire sprinkler, the risk of dying in a home fire increases by 80%. Seniors and children are the most vulnerable to house fires. Do the smart thing today and install this safety system. A fire sprinkler not only protects you from fires but also adds value to your home.

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