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Residential HVAC Systems and Their Impact on Home Equity

Residential HVAC Systems and Their Impact on Home Equity

Certain upgrades are more valuable than others; so how can residential HVAC systems have an impact on your home’s value?

Remodeling and renovating your home has a huge effect on the atmosphere of your home. What can change your indoor air quality? For instance, the presence of dust and mold can be more dangerous than you might think. Selling your home – depending on your timeframe – could be a complicated and drawn-out process. Certain upgrades are more valuable than others; so how can residential HVAC systems have an impact on your home’s value? 

Reasons to Upgrade Your HVAC System 

First of all, let’s discuss some of the most compelling reasons to spend time upgrading your home’s current HVAC system. Having a brand new residential HVAC system installed isn’t as easily noticeable as having new floors, windows, or cabinets; all the same, it is just as important if not even more so. Heating and cooling configurations are immensely important, even as the weather gets colder outside. 

Does It Still Work? 

Now you must ask yourself: does your residential HVAC system still work the way you expect it to, even after all these years? If it is younger than ten years old, then you’re probably still in good shape for now. Beware, though – any unit that is more than a decade old is pushing the limits of its service lifespan. Your equity and home value will be much lower than it should be, and it can scare off anyone who wants to buy your home. 

Choosing Repairs Over Replacements

Sometimes, repairs can be more practical than going all the way with total system replacements. Here you will need to do some math – the calculations mainly involve multiplying the age of the system by how much you intend to spend on repairs. If the resulting figure is over $5000 then replacing your residential HVAC system makes more sense. 

Do You Need Heating or Cooling? 

The answer to this question largely depends on where you live. Fall and winter are the two seasons where you’ll need heating sources more than during the cooling seasons of spring and summer. Think about the climate of where you live now and consider a solar heating system to improve your home’s energy efficiency. 

How Energy Efficient Are You? 

As we’ve seen before, energy efficiency is a concern for many modern homeowners. Upgrading your residential HVAC system will help make your house a more energy-efficient place. Boosting your home’s resale value has to start somewhere, and this can be a huge selling point if you have the means to make this upgrade happen. 

The Most Basic Upgrades 

Here is a quick look at some of the most common upgrades. For instance, you could begin with insulation. Improving the insulation level of your home is quick and easy and pays tremendous dividends. You might also want to replace the boiler or furnace currently situated in your home. Finally, consider upgrading your air ducts especially if they are closing in on thirty years old. 

We Are Proud of the Company We Keep

William E. Kingswell has remained a distinguished provider of commercial and residential heating and cooling services since 1937. We have provided an unmatched level of customer service to all of our clients, and we enjoy being the preferred HVAC equipment distributor of countless customers. We offer a comprehensive range of high-quality heat pumps, boilers, unit heaters, HVAC accessories, and more. William E. Kingswell works with businesses and homeowners throughout Maryland, Washington, D.C., and Virginia, including Baltimore, Frederick, Annapolis, Fairfax, Manassas, Richmond, Fredericksburg, Virginia Beach, and Leesburg. To learn more about our extensive range of SpacePak, Concord, Allied Commercial, and Bard HVAC equipment, give us a call at 301-937-1900 or contact us today!

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This entry was posted on Friday, October 23rd, 2020 at . Both comments and pings are currently closed.