How A High-Efficiency System Will Increase Your Home’s Resale Value
When we think about the benefits of a new air conditioner or furnace, we usually think about lower monthly bills, or a more comfortable home. However, there are many other benefits to replacing your Cincinnati or Northern Kentucky home’s heating and cooling system with a new high-efficiency model.
Newer systems have less impact on the environment using up to one-third less fuel than older models; they have superior airflow and will regulate home temperature better with programmable thermostats and comfort control technology; and a high-efficiency system will even increase the resale value of your home.
Why Home Buyers Want Efficient Systems
Heating and cooling costs can account for up to half the energy use in a home, and prospective home buyers know it. More buyers are realizing that the installation of energy efficient appliances, heating, air conditioning and water systems will pay for themselves over the life of your unit in decreased utility bills and tax incentive programs.
Related Read: Should I Wait for My Furnace to Break Down?
Check out these statistics that show the trend of installing high-efficiency systems is skyrocketing, and for good reason!
- As stated in the Washington Post, published research is showing that homes with “green features” that seal energy leaks and boast highly efficient heating and ventilating systems are selling at a premium price.
- According to Energy.gov, high-efficiency heating systems are 90% to 98.5% efficient at converting fuel energy into heat.
- Energy Star qualified air conditioning systems are 15% more efficient than standard models.
Avoid A Lengthy Sales Process
Homes with older furnaces and air conditioning units are more likely to experience buyers that ask for the home’s price be lowered, or are more likely to be overlooked for a home with upgraded heating and cooling systems. However, a home with a high-efficiency system not only attracts buyers, but often results in a quicker sale of the home.
Related Read: 3 Major Heating Problems & 1 Solution for Homeowners
Today’s trend is toward living in homes that are eco-friendly and offer value to the homeowner. It’s also important to remember that government programs continue to offer mortgage incentives and tax breaks to homeowners that buy energy efficient homes or seek to renovate with high-efficiency systems.