Most homeowners hope to stay in their homes for a long time. But most homeowners also know they aren’t likely to stay forever. Home improvements are great for your own comfort, but how do they impact your home’s value when/if you need to sell? In this post, we’ll discuss the impact an HVAC system can have on your home’s value.
HOME VALUE
As one of the biggest, most critical appliances in your home, we can emphatically tell you that YES, your HVAC is critical to your home’s value. An old system that doesn’t work properly or needs frequent repairs can be a major red flag for potential buyers. Conversely, a newly updated system is a major selling point.
MAXIMIZE VALUE
A top-notch HVAC system could increase the value of your home by as much as 10%! This is especially true in places like Texas where A/C in the summer and heat in the winter is critical for survival. Even better than a new HVAC, state-of-the-art systems are often energy efficient, which makes purchase even more attractive. A system that’s Energy Star Certified is a good way for buyers to be assured they’ll be running as efficiently as possible.
Potential buyers are not looking for a fixer-upper. They are looking for a home with minimal issues. So if you do have a newer HVAC, don’t be shy about advertising it! You may even want to make sure to crank the A/C to make it nice and cool when potential buyers look at the home.
TIME TO UPGRADE?
The big question is, when is the right time to upgrade? If your system is malfunctioning or not working properly, that’s an obvious sign. But what if it still heats or cools your home – but you notice your bills have skyrocketed lately? That’s an indicator you should get your system checked out. If it appears that repairs would be close to the price of a new system, it’s probably time to make that investment. If your system is having issues and is more than about 12 years old, that’s a good indication it’s time for a change.
WORTH THE CALL
The Bosworth Company is proud to be a Premier Dealer of award-winning Lennox HVAC systems. Our experts can walk you through the entire process from inspection, installation, and even financing. Make an appointment online or call us today at (830) 428-2764. It’s Worth the Call. Always.
