If you’re planning on putting your home up for sale in the future, you first need to determine which upgrades will add the most to your home’s value. Replacing your old HVAC unit with a better, more energy-efficient one is one of your best bets. Trusted heating and air conditioning company M & M Heating & Air Conditioning explains why below.
Appealing to Potential Buyers
While installing new countertops and refinishing cabinets are cost-effective remodeling options that will help boost home value, updating your current HVAC system proves to be even more effective. Potential buyers will often check if the units are old or damaged, which can reduce your chances of making the sale if you have an old system. After all, a home that lacks basic heating and cooling is a deal-breaker for most prospective buyers.
Upgrading to a new furnace or central air conditioning unit, therefore, should be made a priority over interior painting and other home improvements that only focus on aesthetics. It might be a significant investment, but it provides a higher average return on your investment–up to 71%–over other remodeling projects.
Things to Consider When Choosing an HVAC Upgrade
As with most home improvement projects, an HVAC upgrade requires careful planning and preparation. To get the most out of your investment, be sure to consider the following:
- The condition of your current heating and cooling system – You don’t have to upgrade your HVAC units if they’re still performing as intended. However, it might be time for a replacement if they have serious performance issues and you’ve been dealing with frequent repairs.
- Total repair costs – The next time you have your HVAC system inspected, find out if repairs are needed and obtain an estimate. Replacing the unit makes more sense if the total repair cost comes close to or exceeds the expense of the upgrade.
- Location – Your choice of HVAC system will depend on your region and its climate. For example, upgrading your AC won’t add value to your home if you live in an area that’s cold much of the year.
M & M Heating & Air Conditioning Service Co. is a leading HVAC contractor in the local area, providing high-quality heating and AC units and top-notch installation services. Give us a call today at (209) 399-3490 or fill out our contact form to get a free estimate.