Replacing your HVAC when selling may be an excellent strategy for a fast and more lucrative home sale. Home buyers would rather buy a home that is fully functional than one that needs extensive work, especially when it comes to the home’s comfort system.
The advantages of replacing it range from speeding the sale to simplifying the final negotiations.
- A new HVAC system will help your home stand out on the MLS listings. Almost every buyer starts their search for a home by consulting the Internet. Your real estate agent will note on the description of your home that the HVAC system is new, which gives you an advantage over other comparable listings in your neighborhood.
- If other components of your home are energy efficient, you may attract a buyer who is looking for the most efficient home available. Sometimes buyers use energy efficient mortgages (EEMs) that help them qualify for a more expensive home. Lenders realize that energy efficiency homes cost less to run monthly, and are willing to make bigger loans because of the lower energy bills.
- You can raise your asking price. Although you won’t be able to recoup your entire investment when replacing your HVAC when selling, you may benefit in other ways. The home may sell faster, which often translates to a more advantageous financial position for you. Few home improvements give a complete return on the investment, but energy efficiency upgrades, including HVAC systems, rank near the top.
- The new buyers will have an active HVAC warranty. Moving is expensive and the warranty eliminates any worry about covering the cost of an HVAC repair.
- You won’t have to worry about passing the home inspection. Even cash buyers want the major components and appliances in the home to be working. If your current HVAC system isn’t running well, the buyer may insist that you repair or replace it.
Replacing your HVAC when selling will make your home more attractive to others. If you’d like more information contact Energy 1 Heating & Air Conditioning, providing HVAC services for Lorain-area homeowners.
Our goal is to help educate our customers in Lorain, Ohio about energy and home comfort issues (specific to HVAC systems). For more information about other HVAC topics, download our free Home Comfort Guide or call us at 440-201-2959.
Energy 1 Heating & Air Conditioning
1 (440) 246-5440
Serving the Lorain, OH Area