Many factors go into maintaining the value of your home. Repairs and renovations may be necessary to keep your home’s value thriving. Heating and cooling systems have become both a luxury and a household necessity. Updating your model may benefit your home when putting it on the market in the future.
The Ball Heating and Air Conditioning team wants to help keep your home in good shape! Read ahead to learn how your HVAC system can affect your home value.
Why Your HVAC System Impacts Home Value
Ventilation units are larger purchases and are an essential part of your household. It is not unusual for buyers to become deterred by a poor-quality ventilation unit. If your heating and cooling system is underperforming, it will lessen the value of your home.
The impact of ventilation on home value can make a noticeable difference in the price of your household. HVAC installation is a commitment, but it can increase your home’s value from 5% to 10%.
Updating Your HVAC Unit
If you do not want to upgrade your HVAC unit, the good news is you don’t have to! It is not always necessary to replace your heating and cooling model to boost your household’s worth.
Retrofitting the Unit
Retrofitting is a cost-effective alternative to replacing a unit. It involves replacing older parts of the machinery with newer and more efficient ones. The retrofitting process increases the functionality of your current system.
The process will only benefit units that are still in relatively good shape. The cost of repairing your system should not be similar to the price of a brand new unit. Professional technicians can evaluate your unit, helping you weigh your options.
Replacing Your Unit and Boosting Home Value
Complete HVAC replacements can benefit the market worth of your home. You might be due for a replacement if you notice any of the following signs in your current system:
- Loud banging noises when turned on
- Unevenly cooled or heated rooms
- High electric bills
- The unit is more than 15 years old
Newer heating and cooling systems have extra benefits than older models, many of which attract buyers.
Most buyers prefer a home that is energy-efficient. This desire includes the machinery that comes with a household. Not only do energy-efficient units cut down energy bills, but the reduced costs can increase the overall value of your house.
Invest in Smaller Units
Many modern heating and cooling models are smaller in size. This feature attracts potential buyers, for the system does not take up too much space.
However, it is crucial that the unit you purchase is not smaller than your home requires! Systems that are too small overwork themselves to keep a household cool. An overly small model can raise energy by staying on longer than it needs to.
Putting your home on the market is a stressful process. Ball Heating and Air Conditioning is here to help with HVAC installation and repair needs! Contact us today with any questions about your system and how we can help boost your home value!