Add Home Equity with HVAC Upgrades
Home System Updates Can Reap Big Dividends
Landscaping, outdoor decks, kitchen and bathroom remodels, and energy-efficient windows are excellent ways to add house equity to your Maryland home. One home improvement many people overlook, though, is upgrading their HVAC system. It’s a demonstrated way to add valuable equity and increase a home’s comfort.
Invest in Upgrades with Significant ROI
A study by The National Association of Realtors discovered that energy-efficient HVAC upgrades typically deliver an 85% return on investment. That’s an ROI surpassed by only two other home improvement projects: complete kitchen renovations and kitchen upgrades.
To get the highest return on an HVAC improvement project, it helps to know precisely which upgrades will add the most value to your home.
3 Ways to Add House Equity with HVAC Upgrades
The term “house equity” is often confused with a property’s assessed value or sales price. The correct definition, though, is the difference between what’s owed on your mortgage and what your home’s currently worth. Installing a new, highly efficient heating and cooling system can have a positive impact on your Maryland home’s equity, whether you’re planning to sell in the near future or not.
Installing a brand new HVAC system is the best-known way to increase house equity, but other solutions also boost your home’s value.
- Ductless mini-splits save you money upfront and in the long run. They’re a great option for cooling and heating your home, allowing you to set up multiple zones and set different temperatures throughout the house while using up to 40% less energy than traditional cooling and heating methods.
- Improve home air quality. There are several ways to add home value with improved air quality. If anyone in your home suffers from allergies and other respiratory ailments, a UV air treatment system protects against bacteria, mold spores, and other allergens. Air purifiers and whole-house humidifiers and dehumidifiers can also increase your home’s comfort and air quality.
- Programmable smart thermostats are ideal for total energy use control. You can use your smartphone or another mobile device to easily set different temperatures at different times of the day. No more worrying about forgetting to adjust the temperature before leaving home! Studies show it’s possible to increase your house equity by up to 5% by installing a smart thermostat.
To get the best return on your HVAC upgrade, it’s critical to properly size the new system. Units that are too big can make the indoors less comfortable as the system continually switches on and off. Too-small units increase energy costs as the units must work harder to cool or heat your home.
Time to Upgrade Your Maryland Home’s HVAC System?
HVAC upgrades bring a wealth of benefits. They improve indoor air quality, make for a more comfortable interior, and increase your home’s value. If your home’s current heating and cooling system is 10 years old or older, now’s an excellent time to consider replacing it with a newer model that’s more energy-efficient and helps reduce your monthly utility costs.
Are you ready to upgrade your Maryland home’s HVAC system? Wenbrooke Services is standing by to handle all your HVAC installation, repair, and maintenance needs. Contact us online today or call us at 240-500-0311 to learn more about all the home cooling and heating services we provide. We look forward to showing you how upgrading your home’s HVAC system is a fantastic way to increase your house equity without breaking your home budget!