Adding central air to your home may seem like a no-brainer. After all, it makes the house more comfortable, but central air can increase the value of your home. According to a recent Money magazine report, adding central air to your home can increase the value of your home by up to 10 percent. As a result, it makes your home more appealing to buyers and sells faster. But what if you don’t have central air in your home? What are the costs associated with central air?
In addition to the cost of installing central air, you may also be able to get a tax credit when you install it. If you’re considering installing a new AC system in your home, get a Manufacturer Certification Statement from your contractor. This certification will show that a licensed HVAC contractor has installed the system. While the federal government doesn’t specifically encourage homeowners to add central air, many states have incentives.
Whether or not you upgrade your central air system will increase the value of your home is an individual decision. Several factors play into its value. If properly cared for, a properly maintained system should last for ten to fifteen years. However, you should check with a real estate adviser to determine whether your air conditioning system will add value to your home. You should expect to get back at least a 10% ROI if it increases weight.
A new HVAC system will add value to your home. But keep in mind that the additional cost will be worth it in the end. That said, it’s also essential to keep in mind that adding a central air system will increase your home’s value by between five and ten percent. If you decide to install a central air system in your home, work with an HVAC company to ensure that your system is sized correctly.
The price varies depending on the size of your home, your climate, and how much ductwork you have. Ductwork can be tricky, so it’s worth waiting until the right time to install it. If you’re not planning to sell your home anytime soon, however, the added comfort of central air is worth the extra expense.
There are many other factors to consider when evaluating your home’s value. An old system may require ductwork replacement, which can be costly. Don’t spend a lot of money on an outdated system. A properly installed HVAC system will increase the value of your home and increase the resale value. Then you can focus on selling your home. When it comes to selling, keep these factors in mind.