How a High-Performance AC System Can Boost Your Home’s Resale Value
To survive the scorching heat of summer, ACs are a necessity in every household now. When buying a new AC, there is a tendency in people to view it as an expense instead of the investment it actually is, and most forget about the additional benefits they get from an AC system besides a cool home.
Even beyond making your home more comfortable, a good HVAC system also has another additional benefit in the value it adds to your house.
If you are planning on selling your house anytime in the future, there are steps you need to take to preserve, if not increase, its potential value, and the state of your HVAC system might play a bigger role than you realize. In this article, we’ll look at how a high-performance AC can boost your home’s resale value.
Get Ahead of the Competition
The real estate market is and always has been intensely competitive, and you need to do everything you can to outshine the competition. There are many things buyers consider when looking for a new house, such as the location and neighborhood, interior and exterior aesthetics, space, and most importantly, the price.
The surroundings of your house are a factor that is not in your control, but assuming that they are up to standards, you need to look at what you can change about the house itself to make it more attractive.
Offering a lower price is a surefire way to attract more buyers, but it also means less money for you as the seller. A much better way is to offer more value to homebuyers, and you can do this by fitting your house with a good HVAC system.
It is not the first thing people look for in a house, but will surely impress customers when they discover it. The new buyers will not have to spend extra on new ACs, which can be a big selling point that is missing from the competition.
It’s also important to understand what a high-performance AC represents: owner’s commitment to the house. It tells buyers that the previous owner cared about the maintenance and condition of the house, and many would pay extra to attain this assurance.
Less Costly Than Other Methods
When thinking of ways to increase the value of their house, the first thing that people think of is renovating the interiors or the exteriors of the house.
While that is an effective way to boost the house’s resale value indeed, something like remodeling the kitchen or retiling the roof can cost you tens of thousands of dollars, and there is no guarantee that you will get the money back when selling the house.
Judging by the location and present condition of the house, remodeling too much can even be an “overkill” in terms of improvement and lead to your house seeming excessively decorated for the area. Staying ahead of the competition is good but too much difference between your house and houses in the surrounding area will just confuse and deter homebuyers.
Taking the cost into account, getting a good HVAC system is much more likely to give you a better return on your investment. Data has shown that in the US market, HVAC conversion gives the best ROI, with the average cost recovery being a surprising 103.5%.
Long Term Savings
The real significance of a high-performance AC system lies not in the fact that it increases your house’s resale value but that it benefits you and your family as well.
A poorly performing AC will cool your house all the same as a good one, but it will do it much slower while consuming more energy, thus costing you more in electricity bills. A high-performance system might have a higher upfront cost, but the money you save in the long run makes it worth it.
If you get a powerful HVAC system now, you can reap the benefits of it for a good 5-10 years before you think of selling the house, and even if you don’t, you can still see it as an investment towards increasing the comfortability of your house.
Longevity
It’s human nature that when people buy something, they want a good deal, and not just a good deal but to get more than what they are paying for. The benefits of a high-performance AC are numerous, and it’s these additional perks that could help you maximize your selling price.
For starters, powerful ACs are more energy efficient, so consume less electricity to do more work. Studies have shown that ACs with modern inverter technology have 35% less energy consumption than a standard air conditioner. Potential buyers are bound to find this opportunity to save on energy bills attractive.
Additionally, a high-performance HVAC unit will maintain a significantly better level of comfort and air quality indoors, which is important in today’s market of health-conscious buyers.
Lastly, powerful ACs are built to last for decades. Their larger capacity means that they can work for longer without needing maintenance or getting overworked, which might happen in the case of a standard AC system, leading to breakdowns and a shorter life.
Many professional service providers do air conditioning repairs in Houston, TX. Still, a high-performance AC lowers the chances of new buyers having to go through the hassle of getting the AC fixed.
Other Things to Consider
If your current HVAC system is fairly new and functioning without any problems, then your need for replacement is much lower than that of someone with an AC that is old and inefficient.
A general rule of thumb is that the older the AC, the sooner you should replace it. Older systems lack many of the modern features that make newer appliances as good as they are, such as digital temperature control and filtration.
The climate of the surrounding area is also a factor. The more extreme the temperature, the more the need for a high-performance AC to deal with the climate and cool or heat the house accordingly.
Larger houses also stand to gain the most from a powerful AC system, as there is more ground to cover, which will be a challenge for a standard AC.
Taking all these benefits to account, getting a high-performance AC for your house is one of the best investments you could make that will not just boost your home’s resale value but make improve your quality of life as well.
