You may wonder if investing in a new heating and cooling system will increase your home’s value. The answer is a resounding YES! If you’re planning on moving soon and your current system is outdated, you’ll increase your chances of attracting a buyer with a new system. According to a study by the National Association of Realtors, you can recoup up to 85% of the initial expense of a new system. Learn how an HVAC system increases your home’s value below.

A more efficient system means more home value

When replacing your system, it’s wise to opt for one with a higher Seasonal Energy Efficiency Rating (SEER), which will lower your monthly utility bills. The higher the SEER value, the more efficient the system is. Naturally, this also makes your home more attractive to potential buyers, especially if the buyer is environmentally conscious and wants to make an effort to lower their carbon footprint. Not to mention, if you install an Energy Star-rated system – considered the most efficient – you’re eligible for a tax credit of up to $300!

A correctly-sized system maximizes efficiency and value

Matching your HVAC system’s size to your home enables your unit to properly heat and cool without straining, maximizing its performance and efficiency. Too large of a system wastes energy and takes up excessive space. Likewise, a system that’s too small will struggle to keep your living area comfortable, and will fail long before its expected working life is over. Once our Comfort Consultants determine the correct system capacity for your home, it’s wise to add environment enhancement features like humidity control, a whole-house air purifier, and HEPA filtration.

Consider a heat pump

Switching to a heat pump can increase your home’s overall efficiency and value, according to a recent study by the U.S. Department of Energy. You’ll add $10,000 to $17,000 to your home’s worth by installing a heat pump. Heat pumps are exceptionally energy efficient and will improve your home’s comfort throughout the year.

Upgrade to a smart thermostat

Replacing that old manual thermostat with a new, smart model will not only increase your home’s efficiency, but it’ll also increase your home’s overall value by up to 5%! Most older HVAC units can support an updated thermostat, so you’re not obligated to upgrade the whole system if you’re not ready to. Our neighborly techs are trained in the latest temperature control devices and can show you how to use your new thermostat for maximum benefit. Even better, a smart thermostat will save you around $170 a year on your utility bills – offsetting the cost of the new unit within months!

We can help you increase your home’s value

If you plan on selling your home in the next few years or you’re investing in a property to resell, it’s wise to consider installing a new HVAC system. Not only will you enhance the home’s efficiency, but you’ll also increase the property’s overall value, too – win-win! The Hey Neighbor Heating & Cooling team is available 24/7 to keep your household on budget and comfortable. For a free new system consultation, give us a call at 844-HEY-NEIGHBOR or easily schedule an appointment online today! We look forward to helping your family achieve your financial goals.