Will a New HVAC Unit Increase My Home’s Value?
A new year could mean some big changes for your home. Whether you’re considering buying or selling in 2025, you may be wondering, is a new HVAC unit worth investing in before I make a move?
The Impact of an HVAC Upgrade on Home Value For Buyers
Lower Bills:
When it comes to purchasing a home, buyers will often ask for specifics such as the age of the roof, HVAC system, and major appliances. It’s not uncommon for them to ask for a copy of the past 6-12 months worth of electrical bills as well. A newer unit provides energy efficiency which results in lower electric bills, an attractive feature to potential buyers.
Peace of Mind:
In addition to saving money on utility bills, a newer unit comes with peace of mind for anyone considering purchasing your home. Knowing that a more modern and up to date unit comes with less chance of costly repairs, and knowing that they won’t have to budget for a new unit within the next several years.
Return on Investment:
While the exact return on investment (ROI) for a new HVAC unit varies, experts estimate it can recoup 50-85% of the installation cost in home value. Additionally, the faster sale and increased buyer interest can indirectly boost your financial gain.
Depending on where you live, a very hot or cold climate can greatly affect how your unit runs and how efficient it can be, too. If your existing unit is more than 10-15 years old, then buyers likely see that as a line item to add to their budget knowing that it will likely need replacing in the near future.
While a new HVAC unit might not fully recoup its cost in home value, it can make your property more appealing to buyers, reduce time on the market, and enhance your overall quality of life. If your current system is outdated or inefficient, an upgrade could be a worthwhile investment.
Thorton’s Heating and Air Conditioning has been servicing the heating and air needs of Alamance County homes and businesses for over 50 years. We are happy to offer free estimates on new units and easy financing options, too. Call us today to get started or allow our friendly staff to answer any questions that you may have.
