Homeowners who intend to move and sell their homes in the near future are always looking for unique ways to add value. Updating the aesthetic appeal of your house will only go so far, and more practical upgrades such as a new HVAC system in Altoona, PA will be needed to set your home apart from the rest in a competitive market. Read on to learn how investing in a new HVAC system can add value to your home!
Increase the value of your home
HVAC systems that are more than 10 years old are only going to continue to decline, which could be unappealing to potential buyers. If a buyer knows that they might have to replace the system within a few years of moving in, they may be less motivated to close the deal, and subsequently submit a low-ball offer. On the other hand, a new HVAC installation is the sign of a home that’s been well cared for, which gives buyers added confidence when it comes time to pursue the purchase.
If you are trying to determine whether you should replace your system or make needed repairs, use the $5,000 rule: if the age of the system multiplied by the costs of repairs equals more than $5,000, it is not only more efficient, but more cost-effective to have the entire system replaced.
The importance of energy efficiency
While replacing your aging HVAC system with another standard installation will give a boost to the value of your home, many prospective buyers might initially gloss over the upgrade. If you really want to grab a buyer’s attention, update your system to a new high-quality, energy-efficient system that will help to lower annual energy bills. If a buyer knows that they will be able to save money due to your improvements, the more valuable the upgrade will become to them, and they may be more inclined to meet the asking price without hesitation.
Upgrading also provides the opportunity to make sure that your HVAC system is the correct size necessary to meet the demands of the home, which is another way to keep energy bills in check. If your home is able to use a smaller system, this could be even more appealing because it will open up more basement or storage space for the future homeowners. It might also be beneficial to make sure that your new system is environmentally friendly to give the value an even bigger boost, as many people are attracted to green systems.
In addition to increasing the potential dollar value of your sale, the added appeal of an improved energy efficient HVAC system in Altoona, PA can also help to move your home off the market quicker. To work with a reliable installation company that you can count on, call the team at Caporuscio Plumbing & Heating Inc. We have helped homeowners add value for more than 40 years, and we are ready to do what it takes to make sure your HVAC system is one of your home’s biggest selling points. Contact us today to schedule a consultation!