There are a few reasons that homeowners purchase and install new HVAC systems in their home. The most important reasons are that a new system will increase your comfort level and prevent you from having to repair an older system often. A less considered but just as important reason is that a brand new HVAC system will improve the property value of your home. Home buyers in Westchester County expect up-to-date and well maintained heating and air conditioning systems in a prospective home. It’s likely that an old, inefficient system will decrease the value you are able to get when selling your home. Balancing the initial upfront cost of a new heating or air conditioning system with the value increase to your home can be a difficult calculation.
It can sometimes be difficult to predict the true property value increase from a new HVAC system. There are many calculators out there that could give you an estimate for many different types of home additions, however, it’s more difficult to find estimate for a large appliance like an air conditioning system or heating system.There are many variables that can go into this calculation including initial value of the home, size of the air conditioning or heating system, what type of system it is, how much it initially cost, quality of the installation and whether or not there was any ductwork installed as well. Real estate agents will take these factors into account and price your home accordingly.
Replacing an Old Heating or Air Conditioning System
In addition, if your home’s HVAC system is not well-maintained, you could run into issues while selling your home or be forced to drop your price a bit. If you plan on selling your home within the next 5 to 10 years, a heating or air conditioning system that’s well maintained on a regular basis and on the newer side can be a boost to your home’s value. The value that an HVAC system adds to your home can also be determined by how clean and functional it is and how often it breaks down or requires other repairs. If your system might contribute negatively to the value of your home, consider purchasing an upgrade that will contribute to increasing the value of your home.
Upgrading your HVAC System to Increase Home Value
If you’re not interested in replacing your entire air conditioning system, you can perform upgrades that will improve the value of your system and in turn, improve the value of your home. If you’re upgrading your system to get more value out of it in resale, it would make sense to go with the best technology available. Central heating and air conditioning with ductwork is the standard for new homes and should be considered when upgrading your system. However, a complete ductwork installation can be very costly and doesn’t always work well for older homes. If installing ductwork and a central air conditioning and heating system doesn’t work for your home, it might make sense to upgrade by installing a ductless mini-split system. Ductless air conditioning can increase the value of your home because they are easier to maintain, allow customizable zone temperature control, and lack of energy loss since the air doesn’t have to travel through ducts that might be poorly insulated. All these factors can make your home more attractive to prospective buyers and drive up the value.
Increasing Home Value with Regular Maintenance
One of the most important things you can do to keep your air conditioning or heating system running smoothly and make sure it’s contributing positively to the value of your home is to get it serviced and maintained on a regular basis. If your system is cleaned, tightened up, and maintained regularly, it will increase the lifespan of your system. This is important for the value of your home because how many years of life are left in your system determines how valuable it is and how much it contributes to the value of your home. You should hire a good HVAC technician like Carey and Walsh to maintain your heating and conditioning systems. For air conditioning maintenance, whether you have central air conditioning or a ductless mini-split system, our air conditioning experts will keep your system running smoothly and extend its lifespan. Our heating will also make sure your system is running smoothly and efficiently all winter. Since we are also ductwork experts, we can take a look at your ducts and determine if they need to be fixed or replaced due to energy inefficiency.
Always remember, if you’re planning to sell your home in Westchester County in the future, you should consider how your home’s value can be affected by your HVAC system. Give the air conditioning experts at Carey and Walsh a call at 914-762-9600 and we can help you with any of your heating or air conditioning needs.