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Do AC Repairs Increase A Home’s Resale Value?

ac repairs

Are you considering selling your home?  Upgrading your home’s air conditioning system can give you a reasonable return on your initial investment. It’s also a great way to save money with immediate savings on your energy bill and a reduction in your monthly payments. Learn more about the effect of ac repairs on your home’s resale value.

Competitive Housing Market

If there are other homes for sale in your neighborhood, and all of them have old AC systems that are not working effectively, it’s a good idea to have your AC unit repaired or replaced so your home stands out from the competition.

If your HVAC system is out of date, this will ultimately be revealed during a home inspection to potential buyers. If this happens, you may have a decreased selling price for your home. Educated buyers will inquire about the HVAC system of a home because often the price of AC utilities is one of the highest costs associated with home maintenance. An upgraded HVAC system will appeal to potential buyers.

Confidence Your Home Is In Good Condition

When you have regular AC repairs, it shows that you have put effort into making sure your home is cared for. Additionally, preventative maintenance can prolong the life of your unit, even if you have an older unit, a record of consistent maintenance often convinces potential buyers that your HVAC system is in good shape.

Potential buyers often look through several online listings of homes for sale, and during that time, they are glancing at the features. This is where real estate agents use the opportunity to highlight what sets your home apart from the other houses for sale. If your listing includes recent HVAC repairs or a new HVAC system, chances are more potential buyers will be interested in purchasing it. Well-maintained HVAC systems give potential buyers peace of mind.

Better To Repair or Replace?

When it comes to how much money is in your budget, you may have to consider replacing old parts or replacing the HVAC unit. This decision should be based on the following factors:

How often the unit is used: If you live where the climate is mild and your unit is only used certain months of the year, then replacing just a few parts makes sense. However, if you live in a climate like South Florida where we rely on a dependable HVAC system all year round, then you may want to opt for a new one.

The unit’s age: If your unit is over 10 years old, AC repairs may not be enough to attract a buyer. While the replacement will cost more, your home will be easier to sell with a newer unit.

The $5,000 rule: A great way to decide if your system can be repaired instead of replaced is to consider the unit’s age and multiply it by the estimated cost to repair. If it costs $5,000 or more, then the best thing to do is replace the whole unit.

Dependable HVAC Services With Art Plumbing, Air Conditioning & Electric

Art Plumbing, Air Conditioning & Electric has been a premier HVAC services provider in South Florida for over 35 years. From HVAC maintenance to repairs, and installation, we can do it all. To get a quote on your new HVAC system or to schedule repairs, give us a call at 561-391-1048 today!