If you’re planning on moving in the next few years, it’s essential do what you can to increase your Cedarburg home’s value to ensure you have as much equity as possible when you sell it. This will allow you to have more money to put toward a new home. One important upgrade that some potential sellers consider is replacing their HVAC system. Since this represents a significant investment, it’s important to determine whether or not this purchase will give you a good bang for your buck. To help you make an informed upgrade decision, check out this insider’s guide from the pros at Hometown Heating, Air & Electric.
Not a Visual Upgrade
It’s important to remember that, for the most part, upgrading your HVAC system is not a visual upgrade. Adding a new air conditioner or furnace won’t have the dramatic initial effect that new floors or an updated bathroom can have. At the same time, visual upgrades aren’t the only upgrades that can add value or that help close purchase deals. Since a new HVAC system is difficult to notice at first glance, you must be sure to get the word out about it so that you can make the most of your investment. At Hometown Heating, Air & Electric, we recommend keeping all of the paperwork you receive after your new system is installed so that you can verify the age of your HVAC system for the real estate agent and any potential buyers.
Stage of Life
If you’re on the fence about upgrading your HVAC system, it’s important to consider your current system’s stage of life. For a system on its last legs, up elevating the entire system is an easy choice. After all, you don’t want the system to fail at some point during the buying process, leaving you with an unexpected expenditure and a lost sale. Even if your system still has some life left in it, you can expect a great return if you decide to upgrade your system. Since the new homeowners will likely keep the current system as long as possible, having a new HVAC system that you can include in the listing will help your home stand apart from the other listings. Let us assess your system for a professional opinion on the state of your current HVAC system.
Get Ahead of the Game
As the market slowly shifts back to a buyer’s market, words like “concessions” start to come into play. Buyers understand how expensive a new HVAC system can be, and this is money they don’t want to have to spend. If you find yourself at the negotiating table, a buyer may ask that you do at least a partial replacement of your HVAC system. But why give yourself a weak position when it’s time to negotiate the price? Rather than waiting to upgrade your HVAC system, get ahead of the game and let a company like Hometown Heating, Air & Electric give you a great deal on a new system so that you can impress any potential buyers.
Don’t Overspend
HVAC systems come in a wide variety of types and price points. While it would be generous to leave the next homeowners with a top-of-the-line geothermal system, you may not realize the turn on this major investment if you’re selling a high-end home. Instead, choose to invest in equipment known for its quality without costing a fortune, including equipment made by Lennox or Carrier. This will allow you to advertise new equipment in the listing and leave you with money to make other attention-grabbing improvements to your home.
Your HVAC Replacement Specialists
At Hometown Heating, Air & Electric, we work hard to ensure that all of our customers are comfortable in their homes for the entire time they own them. That’s why we provide air quality products and heating, cooling and thermostat installation, maintenance and repair services. We also perform a variety of electrical work, including repairing flickering lights and replacing worn-out wires. Since our founding, we’ve been committed to putting our customers first and making sure everything we do is done with integrity. That’s why we’re rated A+ by the Better Business Bureau and have received an Angie’s List Super Service Award. That’s also why so many customers leave us five-star reviews. To learn more about increasing your home’s value with a new HVAC system, contact us at Hometown Heating, Air & Electric today.