The value of your home is determined by your county assessor, which can lead many homeowners to wonder what they can do to increase the appraised value of their homes. Upgrading your HVAC system can be a simple and effective way to increase your home equity and resale value.
Here are 11 HVAC upgrades that can help increase your home value.
1. Improving Your Indoor Air Quality
Improving indoor air quality (IAQ) is a great way to increase the value of your home for potential buyers. IAQ is not only about eliminating mold and bacteria but also ensuring that your house has healthy indoor air by controlling humidity, temperature, and other factors.
2. Replacing Your Old, Outdated HVAC Equipment
Upgrading your home’s HVAC system can help you increase your home’s resale value. When you replace old, outdated equipment with new, energy-efficient equipment, it’s like upgrading every single room in your home.
In fact, if you replace all of the components in your current system (air conditioner, furnace, and ductwork, if applicable) with energy-efficient upgrades, it is estimated that doing so could increase your home’s value by $10,000 or more.
Besides, we spend a lot of time at home, so why not ensure your HVAC system is efficient and updated? Replacing an old, inefficient HVAC system can lead to improved quality of indoor air and lower energy bills.
3. Upgrading Your Insulation
Insulating your home is a simple HVAC repair that can have a lasting impact on the amount of money spent on energy.
The U.S. Department of Energy has found that up to one-third of the energy used in heating and cooling your home can be lost through insulation in your attic and basement walls, as well as around doors and windows.
Upgrading or installing new insulation can help reduce this energy loss and increase your home equity by making it more energy-efficient.
4. Upgrading Your Ductwork
Every home needs adequate air circulation, usually accomplished via your ductwork, to bring fresh air into the home and remove stale air, at least unless you have an upgraded, ductless home. Ductwork can be unsightly and unappealing, but it’s the most important part of your HVAC system.
The ductwork carries air from an outside source—like a central air conditioner—throughout the house and delivers it where needed. If your ductwork is not functioning correctly, you will probably notice a drop in efficiency, increased dust buildup on surfaces, and poor airflow throughout your home.
Upgrading your home’s ductwork can improve comfort and efficiency and will likely result in a lower energy bill, significantly increasing your home’s value.
5. Adding a Smart Thermostat
Adding a smart thermostat is an HVAC upgrade that can significantly impact your home’s value. The thermostat is essential because it allows you to better manage your home’s temperature and control energy costs. You can set energy efficiency levels based on time of day or weather conditions, leading to lower utility bills overall.
6. Installing HVAC Zoning
Looking to increase your home equity? Zoning your home’s HVAC system can help you achieve that goal. Adding zoning to your HVAC system will allow you to heat or cool individual areas of your home, allowing you to maximize your home’s energy efficiency and comfort.
Installing HVAC zoning can increase your home’s value by as much as $5,000. Because airflow is not dependent on the volume of space, window sizes and placement can vary according to personal needs.
7. Scheduling HVAC Maintenance Annually
At times, we tend to put off scheduling HVAC maintenance and repairs until the problem gets so bad that it’s either expensive or inconvenient to fix. In fact, though, it’s much more cost-effective to schedule routine tune-ups with a professional company that can do quality work for a fair price. With their help, you can save money and increase your home’s value at the same time.
Dirty filters and dirty coils are just a few reasons for a reduced lifespan for your system, so ensure you schedule annual maintenance and keep upkeep high on your priority list. Many homebuyers look for homes with newer ACs, but well-maintained ones are also in demand.
8. Installing an Energy Recovery Ventilator (ERV)
Installing an energy recovery ventilator (ERV) is one of the best ways to increase your home equity and improve your comfort level. In a nutshell, an ERV will save you on energy costs and make your home more comfortable to live in. A high-efficiency energy recovery ventilator (ERV) can increase your home value by $1,500 – $3,000.
The ERV uses outside air to cool and heat your home rather than relying primarily on mechanical equipment. Once installed, the ERV will allow more fresh air into your home while safely removing excess moisture and heat simultaneously. As a result, a typical ERV system can save 30 percent to 60 percent of your central air conditioning costs.
9. Adding Central Air and Heating
Adding central air to your home can increase its value by as much as 10 percent. When homebuyers shop for properties, they look for comfort, convenience, and reliability.
Central air and heating are becoming more popular due to the energy savings, comfort, and convenience it provides homeowners. A central thermostat allows you to control how warm or cool your home gets, meaning you can set it comfortably at just the right temperature.
10. Doors, Windows and Weather Stripping
HVAC upgrades are not always an easy sell, but if done correctly, they can increase your home equity. Doors and weather stripping are the first things to upgrade when looking at HVAC upgrades. Getting new doors can help block out extra noise and energy loss while improving a home’s airtightness.
Another standard upgrade is replacing your windows, which have also been shown to improve indoor air quality without changing the look of your home. By keeping the air in and out of your home’s ductwork, central air conditioning systems work more efficiently than they would without new, more efficient ducts.
11. Installing Whole House Humidifiers and Dehumidifiers
Humidifiers and Dehumidifiers can help keep your home’s air in good condition and prevent damage from dry air. They can also decrease your energy costs. Whole house systems are an important investment that will increase the comfort of your home and help maintain the value of your property. Humidifiers and Dehumidifiers are a sound investment for any homeowner!
Get Professional Assistance
If you’re looking to add more value to your home, it may be time for some serious renovations. HVAC upgrades are not only functional, but they also have the potential to increase your home’s resale value while saving you money on utility bills. However, it requires the expertise of a professional to do the job correctly. In Jacksonville and surrounding areas, you can rely on Buehler Air Conditioning to provide you with the best HVAC upgrade service. We are highly experienced with zoning systems, air conditioning, air purifiers, heating, furnaces, heat pumps, packaged units, mini-split systems, dehumidifiers, UV lights, filters, air scrubbers, thermostats, duct sealing, and duct replacement. Contact Buehler Air Conditioning today to learn more.