While the appraised value of your home never has the final say on what it will sell for, it does help you get the best offer on your home. Knowing your appraised value tells you approximately what it will sell for on the fair market.

With that said, you want the AV number to be as high as possible. You can get it there by doing meaningful improvements on your home. One of the biggest is installing a new HVAC unit.

In the following article, we’ll be discussing all the ways an energy-efficient HVAC system will get you there. Let’s begin!

HVAC Offers Higher ROI

Look at all the HVAC information you can prior to installing a new system. Springing for the most efficient system could save you 20 percent or more annually on your energy bills.

Many home improvements you make will depreciate over time. Being able to slash that much in energy costs represents a return on investment (ROI) you just can’t get from adding a new washer and dryer or improving your landscaping.

Older HVAC Systems Can Downgrade the Value of Your Home

There are many types of home cooling systems still in circulation from 30-or-more years ago. While these systems might be admirable in their longevity, their efficiency is shot. They also need annual visits and repairs that add up if you don’t know how to do them yourself.

Imagine trying to get top dollar for your older home when the original HVAC is still in place. Any prospective buyer knows they’ll need to spend another $5,000-$10,000 replacing it within the first few years. That’s going to affect the fair market value of what you’re asking in a big way.

Keeping Your System Up to Date Can Save Money for Other Repairs

An up-to-date HVAC system will save you money on your energy bill, and it will mean fewer repairs and maintenance costs. You can redirect that money to other repairs that need to be made within the home and on the property. These improvements can help enhance the value of your home as well.

Newer Heating and Cooling Systems Provide Further Savings

A newer central air conditioning system will help you avoid other problems your home may encounter, particularly with regard to mold. Undetected leaks from older systems can lead to collected moisture and eventual mold damage within the home. A properly operating system will save you thousands by not having to do such a repair.

High Appraised Values Lead to More Profitable Sales

Updated cooling systems may not directly increase the appraised value of your home, but they will certainly ensure you get what you’re asking for your house on the fair market. That’s because prospective homebuyers expect a home’s HVAC system to be properly working. They do not want to think a $10,000 expenses is looming for their purchase.

Keeping yours up to date will remove doubt from the prospective buyer’s mind. They’ll be more confident to pay what you’re asking.

Get Your Appraised Value Where It Needs to Be

If your appraised value is not where it needs to be, consider installing a new HVAC system. The investment will be well worth it, especially if it means your home ends up selling for higher fair market value.

Good luck as you explore your options. For more information or a free quote on getting your new HVAC system, contact Sewell Electric & HVAC today.