Do you want to sell your home now or in the future and wondering if your HVAC system can increase its resale value?
The short answer is yes. While many factors affect the exact number of the increased value, adding a new HVAC system can increase your home’s worth by 5-8% and give an ROI of up to 55-60%.
Another thing to note is that a new system can cost $8000-10,000, depending on the type and model. So if you sell your home immediately, installing a new system might not be worth it. But if you plan to live in the house for five years or more, you should invest in it.
In this write-up, we will discuss at length the effects of a new HVAC system on a home’s resale value. And steps you can take to improve it.
How Installing a New HVAC System can Improve Home Value?
A new air conditioning and heating system can boost your home value due to the following reasons.
- Replacing your old A.C. with a unit with seasonal energy efficiency ratings (SEER) of at least 15 saves you up to 40% on cooling costs.
- By replacing your heating unit with one with about 85-90% efficiency, you can significantly reduce your carbon footprint and save money on heating.
The savings you get with a new system is what homebuyers are looking for in their new home. As a result, the appeal of your property increases in their mind.
Additional Benefits of Upgrading your HVAC
An old HVAC can be inconsistent with its heating and cooling. Sometimes you get blasts of cold air, and other times nothing. With a new system, you can customize heating and cooling according to your comfort. Moreover, it also lets you control the humidity level.
➨ Better Air Quality
If you or your family members experience an increase in coughing and allergens, it can be due to dirty air filters. A new HVAC system means new filters that can effectively absorb and trap contaminants. These improve the air quality of your home and prevent allergies and infections.
➨ No Noise
A noisy HVAC system can cause discomfort and even lower the value of your home. With modern HVACs, you don’t have to worry about that. Newer technology functions silently cools, and heats your home with precision.
➨ Less Frequent Maintenance
A newer system will not break down frequently. So you won’t have to worry about spending a ton on repairs. Also, apart from scheduled maintenance, there is a low chance of your system needing additional repairs.
However, regular HVAC system maintenance is still essential. It checks your system’s health and also adds to your home value, as discussed below.
Can Regular HVAC Maintenance increase Home Value?
HVAC generally lasts for 10 to 15 years. But regular care and maintenance can add up to a decade to your HVAC’s lifespan. Also, it ensures your system works efficiently throughout this time.
A regularly maintained HVAC assures homebuyers that your system won’t break down in the middle of summer or winter. Additionally, it will also show that your system will save money on endless repair bills and excessive energy bills.
Therefore, to ensure your HVAC system remains in top condition, you should get it checked by a local HVAC repair and installation company. Investing in HVAC care and maintenance will certainly add value to your home.