The Connection Between HVAC And Home Value

When you consider the value of your home’s HVAC system, you likely take into account the way in which the units keep your house warm in the winter and cool in the summer. However, your HVAC system also influences the actual value of your property. Learn about the ways in which an HVAC system can increase the price that you list the house for and the amount you ultimately make on the sale. Doing so can encourage you to make some upgrades before listing your property.

New HVAC System

Getting an entirely new HVAC system can increase the value of your house on the real estate market. Many buyers don’t want to have to do major work to their new homes shortly after moving in. The longevity of an air conditioner depends upon a few factors, but many systems last for approximately 15 years. If buyers see a property with an HVAC system that is over a decade old, the realization that they will have to pay to replace the units soon could encourage them to offer a lower price or even to immediately pass over the house.

Passing Inspection

An older HVAC system may cause your house to fail its home inspection, which can create distrust in potential buyers. An older HVAC system could be out of alignment with current codes or come with other potential safety issues that turn buyers away or, at the least, discourage them from offering a desirable sales price.

Energy-Efficient Features

Upgrading to a more energy-efficient model can help your home to sell for a higher price as well. Savvy buyers recognize the importance of saving on monthly bills, which energy-efficient systems allow for. Since these buyers know that they will save on monthly bills, they may be more willing to offer the asking price, or even more, for the house. Other buyers are environmentally conscious and want to ensure that their new homes reflect their values.

Zoned Heating and Cooling

A house with a zoned heating and cooling system can sell for a higher price than a property without this feature. The money-saving benefits of a zoned system are appealing to buyers. Also, if your house has a story or apartment that can be rented out, a zoned system allows owners to give the tenants the option to control their own heating and cooling. In fact, having a zoned system could make your property more appealing as a two-family house, which can attract a whole new segment of buyers, including individuals who want to purchase a house with space for aging relatives or young adult children.

Smart System

Modern home buyers are often interested in properties with smart features and are willing to pay more for these houses. Many soon-to-be homeowners have grown up with smart technology at their fingertips. In addition to feeling more comfortable with this technology, these buyers recognize the cost-saving benefits of smart systems. Upgrading to a smart system can help get more traffic to your house.

Aesthetic Appeal

The look of a new HVAC system can boost your home’s aesthetic appeal. While this factor is unlikely to raise the sale price of your house by as much as the other elements, such as getting a new HVAC system installed, even a small benefit is worth considering. The quality of the photos used for the real-estate listing is important in encouraging prospective buyers to visit your house in the first place, so aesthetically appealing units help.

Here at Simmons Heating & Cooling in Chesapeake, we can improve your home’s HVAC system and your property’s attractiveness in the real estate market. We offer customized solutions to get your heating and cooling units up to date and in line with the code. Our team provides a full array of heating and cooling services as well, such as repair, maintenance, and installation. We also work on generators, and we can conduct indoor air quality tests. Our team is available for projects in the greater Chesapeake area, including Virginia Beach and Portsmouth. You can even book an appointment online. Emergency services are available, so we’re here for you 24 hours per day and seven days per week. Don’t forget to check out our financing options and our current specials. To get started on making updates to your home’s HVAC system or other projects, contact Simmons Heating & Cooling tod