Your heating, ventilation and air conditioning (HVAC) system is one of the most critical features in your house; buyers expect that it be in good working order. So is your HVAC a major selling point – or a major sticking point?
Most HVAC systems last about 10 to 15 years. If yours is edging towards the end of its useful life, the big question is: is it worth replacing it with a new system? Generally, yes. But keep in mind that you won’t see a 100% return; that is, when you sell, it won’t “pay you back” in full. Most experts expect that you would recoup about 30-50% of the initial cost.
However, because HVAC is so important, it is a solid investment – and it can make or break a sale. This is especially relevant if you plan on selling over the winter months. A cold, drafty house or a heating system that grudgingly clanks to life will repel potential buyers.
If your system still has a few years left, make sure to schedule an inspection and maintenance visit from your HVAC service company. You’ll find out its condition and determine what steps you need to take to keep it running smoothly.
When you do replace an HVAC system, make important updates (e.g. adding a smart thermostat) or ensure it receives regular maintenance, potential buyers will likely not even realise it. HVAC is a feature that should be there – but work so well that you don’t need to think about it. It is worth it for you to point out how effective and efficient the system is. This will provide house hunters with the extra reassurance that this house could be a cosy home.
Is your HVAC in top shape? Now’s the time to make sure.