Did you know your HVAC system could help to increase home equity? When you think of selling your home, most buyers are obviously looking for a place that is more or less fully equipped. An updated HVAC system is one of the first things that a buyer would want in a home. Many homes have the ductwork ready but may have an old, outdated, and inefficient HVAC system installed, which can be a deal-breaker.
If you are selling your home, we are guessing you have lived in it for at least 10 years. In that case, the HVAC system in the house may also be about 10 years or older. Technology has changed by leaps and bounds in the past decade and an old HVAC system cannot keep up. Be it in terms of energy consumption or performance, an old HVAC system will always be lacking when compared to newer ones. If you wish to increase home equity and fetch a better price for your house, consider upgrading your HVAC system first.
For HVAC installation, maintenance, and repairs, in the greater St. Louis area, contact Galmiche & Sons at 314-993-1110.
How to Upgrade Your HVAC System to Increase Home Equity
Upgrading your HVAC system does not always have to mean getting a new one. It would depend on several factors like the age of your HVAC system, its wear and tear, its performance, and more. Here are a few ways of upgrading the HVAC system in your home to increase home equity.
Get Your HVAC System Repaired and Cleaned
If your HVAC system is as good as new, you can increase home equity by simply carrying out a little routine maintenance before a buyer arrives. HVAC units tend to gather a lot of dust and undergo wear and tear over years of use. So if there are no major faults, a little maintenance and repair should do the trick.
Get the system checked by professional HVAC contractors. They will be able to tell you which parts need to be replaced and where a little cleaning would do. Change the air filters or other inexpensive parts where possible.
Also, investing in regular heater and AC maintenance over the years will help keep your system in better condition and save on costs when you are planning to sell, so keep a record of maintenance if possible.
Upgrade to a More Energy-Efficient System
If your HVAC system is too old though, you will probably want to upgrade it to a newer one so its value can be added to your home equity. Older systems are usually less energy efficient. Upgrade to one that consumes less power so the energy bills of the new owner will be lower in the long run. This will automatically increase home equity for you.
Modern HVAC systems also don’t use ozone-depleting refrigerants like R-22. That is another reason to switch if your HVAC unit runs on R-22.
Get a Smart Thermostat
Another great way to make your HVAC system and your home smarter is by adding a smart thermostat to the system. A smart thermostat lets you control the temperature inside your home remotely from your phone. It also allows you to set different temperatures for different times of the day to minimize energy consumption. This is something that can be a big selling point to home buyers today, thus increasing home equity.
Ask the Experts to Learn Which HVAC Upgrades Can Increase Home Equity
If you are unsure of which would be the best way to upgrade your HVAC system, ask an expert HVAC contractor instead. Galmiche & Sons has been in the HVAC repair and maintenance business since 1950, serving home and business owners throughout St. Louis. Consult our heating and air conditioning experts for answers to all your HVAC-related queries.