Knowing the value that different home improvements can add, especially something as significant as an HVAC upgrade, is important. If you’re contemplating having a replacement heating and cooling installed, Efficient Systems, Inc. provides an overview of what you need to know.
Impact of HVAC Upgrade on Home’s Value
An HVAC upgrade does have the potential to increase your home’s value. An updated HVAC system can increase your home’s value by about 7%-9%. However, the value-added largely depends on a few factors, including:
Geographical location. The area you live in can determine how much value an HVAC upgrade can add. For instance, an upgrade will likely increase your home’s value if you reside in regions with extreme climates where efficient heating or cooling is essential.
Age and state of the current system. Homes with an outdated or poorly functioning HVAC system will benefit more significantly from an upgrade than homes with a reasonably up-to-date and efficient system.
Energy efficiency. In our eco-conscious society, energy efficiency has become increasingly valuable. A modern, energy-efficient HVAC system reduces monthly utility costs and potentially increases a home’s value, as it’s an attractive feature for prospective buyers.
Is the Investment Worthy?
While an HVAC upgrade adds value to your home, it’s worth noting that you are less likely to recoup the full cost of the upgrade when you sell. Instead of viewing an HVAC upgrade as a guaranteed ROI strategy, think of it as a tool to aid in quickly selling your home or to vastly improve your home’s comfort level.
Before proceeding with an HVAC upgrade, don’t forget to research the most cost-effective options before splurging. Different HVAC technologies come with varying prices and energy efficiency levels. It’s also best to hire a professional technician for installation and maintenance. Remember, regular residential heating and cooling services are crucial to its operation efficiency, as an upgraded system won’t deliver the expected value if not properly maintained.
Tips on Choosing the Right HVAC System for Your Home
Here are some tips on choosing the right HVAC system for your home:
System Size. Align the HVAC system size with your home’s square footage to ensure efficient operation and overall indoor comfort.
Energy Efficiency. Opt for systems with high SEER (for air conditioners) and AFUE (for heating systems) ratings for cost savings.
Programmable Thermostats. Investing in this type of thermostat can help reduce energy usage.
Ductwork Check. Ensure efficient ductwork to make the most of your new HVAC system.
Air Quality Features. Choose an HVAC system with advanced features like dehumidifiers or air purifiers, depending on your air quality needs.
Price vs. Value. Consider long-term energy savings and durability, not just the initial cost.
Contractor Selection. Hire a reputable HVAC contractor for professional installation.
Boost Your Home’s Value With an HVAC Upgrade From Efficient Systems, Inc.
Whether you need residential or commercial HVAC services, Efficient Systems, Inc. in Indianapolis, IN, is here to help. We are committed to ensuring long-term comfort for your home with our top-notch HVAC products and services. For a consultation, call (317) 759-5562 or fill out our contact form.