In addition to remodeling your home, upgrading your HVAC system can boost your property’s value as well. According to a survey conducted by Remodeling Magazine, the return on investment for remodels decreased by 12 percent between 2017 and 2018. If you’re thinking of selling your home in the near future, one of the things you should focus on is your heating and air conditioning equipment.
Read on to learn how HVAC upgrades can boost your home’s value.
Why Invest in HVAC Upgrades?
The condition of your HVAC system can make or break your sale. Prospective buyers may not ask whether or not your HVAC system is new, but they will immediately notice when something’s wrong with your equipment. Buyers may not even consider a house that feels uncomfortable as soon as they step into it. According to the National Association of Realtors (NAR), HVAC remodels offer a higher ROI than most types of home remodels, giving you a return of up to 71 percent.
Things to Consider Before Upgrading
If your HVAC system is at least 15 years old, you should consider having it replaced. Equipment this age or older can be a turn-off for prospective buyers. However, if your system was installed less than 10 years ago and is still in optimal condition, there’s no need to get a new one; just make sure it’s regularly maintained by experienced residential HVAC contractors.
Moreover, more buyers gravitate toward energy-efficient home features and appliances because they can help reduce utility bills. Investing in energy-efficient HVAC products is one of the best things you can do to increase your home’s value.
At Sierra Air, we’re here to help with your residential and commercial HVAC needs. We offer residential air conditioning installation services, duct cleaning and more. Give us a call at (775) 800-5500 or fill out our contact form to get a free estimate. We serve clients around Nevada.