One of the major selling points to a home is the type of heating and cooling system in place. When you’re looking to sell your home, one of the home improvements that can not only add value to the property but also reduce the time it will be on the market is an energy efficient HVAC system. Unlike other home improvements that only are aesthetic, a new HVAC system can save money off heating and cooling bills for decades to come.
New Versus Old HVAC Systems
An older HVAC system, especially those 20 years or older, can drive energy bills up and cost much more to both heat and cool a home. While older systems may have efficiency ratings of 50-75%, newer systems can have rating of up to 99%. Since heating and cooling a home can be over 50% of the overall energy bill each month, this can save hundreds of dollars, even well over a thousand, each year. By investing in a new HVAC replacement system that’s more efficient, this can lead to a tangible savings that can help your home sell over a comparable home with an older, less efficient system.
Not many home improvements can actually save money for the home owner in the long run. A newly remodeled kitchen or bathroom may look nice, but will have little actual monetary value when it comes to monthly bills and the home’s value. For many looking to sell their home in the next few years, especially older homes, upgrading the HVAC system may be the best investment you can make to increase your home’s value and save you money on your energy bills until the sale.
Posted on behalf of James Smith, ClimateSmith LLC
