If you want to increase the equity in your home, it might be time to upgrade your HVAC. In most cases, the invested money will come back if you decide to sell, and you may be able to make more than you initially spent on the renovations. According to the National Association of Realtors, HVAC upgrades have a higher return on investment than standard home upgrades. You can also enjoy greater benefits, such as comfortable temperatures and lower utility bills. If you want to know how you increase the appraised value of your home, here are a few upgrades to consider for your HVAC system.
Replace Your Old HVAC System
If you have noticed too much humidity in the home, excessive dust in the air, or increasing energy bills, it could be a sign that your HVAC is starting to fail. There are several telltale signs that your HVAC system is reaching its end of life. When you replace your failing HVAC system, it can increase the value of your home. Along with that, a new HVAC system is an attractive selling point for many potential buyers.
In many cases, you will want to replace your HVAC system when the repair costs are almost the same price as a new unit. Energy Star recommends replacing your air conditioner if it is over 10 years old. You can save up to 20% on cooling costs by installing an energy-efficient model.
Generally, furnaces have more longevity. For example, electric furnaces can last for over three decades. Those units with a gas furnace will need a replacement in 10 to 15 years. Whether you have a gas or electric furnace, the higher heating bills, loud noises, or temperature fluctuations are all signs that you need a new system. After a while, a new energy-efficient will pay for itself as you can lower those heating costs by 15%.
Improving Your Indoor Air Quality
For those who want to increase the value of their home, consider improving the indoor air quality (IAQ). With that, you can eliminate bacteria and mold. Plus, it will ensure that your home has healthy indoor air by controlling the temperature and humidity throughout your interior areas.
Upgrading Your Ductwork
Every HVAC system needs the proper air circulation to work. With the ductwork, the system can remove stale air and bring fresh air into your home. For those who have ducts, there are a few things to know. The ductwork carries air from an outside source, such as a central air conditioner unit. The air is moved through the home and delivered to a specific space or area. If the ductwork is damaged, you could notice dust buildup, poor airflow, or a drop in efficiency. With an upgrade to your ductwork, you will improve the efficiency and comfort in your home, resulting in lower energy bills and an increase in your home’s equity.
Adding a Smart Thermostat
When you add a smart thermostat to your HVAC system, it can make a significant impact on your home’s value. The thermostat is an essential part of the system, allowing you to manage your home’s temperature and control energy costs. Depending on the weather conditions or time of day, you can use a smart thermostat to lower your utility bills and maintain the comfort level of your home.
Installing HVAC Zoning
Zoning your home’s HVAC system can help you increase that equity. With a zoning system, you can control individual areas of your home by increasing the warmed or cooled air in those spaces. As a result, you can maximize your home’s energy efficiency and comfort levels. In some situations, you can boost the home’s value up to $5,000.
Scheduling HVAC Maintenance Annually
It can be easy to put off those HVAC repairs and maintenance visits. However, if you wait, you may face a larger repair bill. It is more cost-effective to schedule a routine tune-up with a professional company. These technicians can do quality work and inspect every inch of your HVAC system. As a result, you can save money and increase the home’s value at the same time.
Dirty coils and filters are a couple of reasons that lead to a reduced lifespan for your system. By scheduling annual maintenance visits, you can keep up with the efficiency of your system. A technician will take the time to look at how your current HVAC is functioning. During this visit, the tech will clean a few components, refill any fluids, and change out broken parts. You want to have regular maintenance done at least twice a year. With that, you can prevent problems from turning into significant repair bills down the road.
Do not forget to keep all of the paperwork for these visits. You can show potential homebuyers that you have taken the time to care for your home system. Sometimes, your warranty will require you to schedule these important visits for your HVAC system. Many potential homeowners will want a new HVAC system, but those well-maintained ones are also in high demand.
Adding a Central Air and Heating System
When you add a central air system to your home, you can increase the value by as much as 10%. Homebuyers do look for these types of systems in a potential home. These buyers look for reliability, convenience, and comfort in those home cooling and heating systems. You will get all of those great features with a central air and heating system. These central systems allow you to control the house’s temperature, meaning you can set it at the ideal level to meet your comfort needs.
Installing Whole House Humidifiers and Dehumidifiers
If you want to keep your home’s HVAC system in excellent condition and prevent damage, think about whole house humidifiers and dehumidifiers. An entire house system is an excellent investment that will help boost the value of your home. Plus, it can increase the comfort of your living spaces. When you want to make a sound investment for your home, you cannot go wrong with a humidifier or dehumidifier.
Find the Right Upgrades for Your HVAC System
If you want to add more value to your home, you need to consider a few big renovations. HVAC upgrades are functional and can help increase your home’s resale value. Along with that, you can even save money on your utility bills. Before you take on these upgrades by yourself, you need the assistance of a professional HVAC company.
You can count on On Time Experts when you need HVAC services in Dallas and the surrounding areas. Our team is trained to help with all of those heating and cooling issues, including repairs, maintenance visits, and new installations. Along with that, we can help with plumbing projects, duct cleaning, indoor air quality testing, and air purification. All of those improvements can go a long way to boost the equity in your home. If you want to learn more about our outstanding home services in the Dallas area, contact On Time Experts to schedule a visit today!