Selling your Home? Here are 5 reasons you might need to Upgrade your HVAC Unit

13 May Selling your Home? Here are 5 reasons you might need to Upgrade your HVAC Unit

SERVING AREAS OF BRISTOL, JOHNSON CITY, AND KINGSPORT TN

Selling a home can be an exciting yet often costly endeavor. From home repairs to upgrades, your finances can be impacted significantly, although there’s usually a huge payoff when it’s all said and done. There are many ways to make your home attractive to homebuyers, and it isn’t always just about curb appeal or aesthetics. Homebuyers often desire homes that are in good shape and that are less likely to need significant or costly repairs after they move in. An HVAC system is usually one of the most expensive aspects of homeownership but is something everyone relies on. If you’re selling your home, our Kingsport HVAC installers share five reasons why you might need to upgrade your HVAC unit.

Buyers expect reliability

One of the main concerns of a homebuyer is the reliability of the home’s HVAC unit. They want to be assured they will remain cool in the summer and warm during the winter. HVAC units older than 10 years may be nearing the end of their life expectancy. Even newer HVAC and furnace systems may not be repairable due to the R-22 freon phase-out that began at the beginning of 2020 or if parts and components are no longer available. Replacing your home’s old HVAC unit provides unmatched reliability for potential homebuyers.

Buyers are concerned about utility bills

Monthly utility bills are a given when it comes to homeownership. However, many homebuyers factor in the average utility costs when deciding home much to spend on a new home. Older HVAC units and furnaces are likely to result in higher utility bills and wasted energy. Sellers can always order an energy audit to see if any improvements could help reduce energy usage. However, newer HVAC units use less energy and therefore cost less to operate.

Buyers appeal to smart technology

In an article published by the Boston Globe, millennials are more likely to want smart home technology, including programable digital thermostats. Not only do digital thermostats help reduce energy and lower your monthly utility bill, but they are also convenient. You can set schedules so that your unit runs when you need it most, not when you’re away at work or out of town. Plus, easy-to-use apps make adjusting your home’s thermostat a breeze. You can adjust the temperature from anywhere as long as you use a device connected to the internet and have your product’s app installed. But you may have to upgrade to a new HVAC unit that is compatible with smart home technology.

Buyers desire low-maintenance homes

Modern-day lifestyles are busier than ever, which is why low-maintenance homes are appealing to new buyers. Whether your home appeals to millennials or baby boomers, homebuyers are on the prowl for homes that are worry-free without substantial repair bills or expensive maintenance. Low-maintenance homes that allow homeowners to keep more money in their pockets provide freedom to do other things that are most important, like spending time with family and making lots of memories. That’s harder to do when you’re slammed with expensive repair bills and wasting time waiting on a professional HVAC company in Kingsport to repair your HVAC unit.

HVAC replacement benefits sellers, too

Selling a home comes with many responsibilities, and once you finally get a contract, buyers often request a home inspection. If you already know that your HVAC unit isn’t operating at peak performance or is more than 10 years old, the chances are good that an inspector is going to find something wrong with it. This could immediately be a red flag for home buyers, even if you offer to fix the problem or replace the unit after the fact. It signals the homebuyer that the seller likely let other aspects of the home go, resulting in more repairs down the road. You might be better off replacing the unit now to avoid an issue like this one and lose a contract!

HVAC Installation in Kingsport, Johnson City, and Bristol

It may be a seller’s market right now, but that doesn’t change homebuyers’ expectations. Plus, it never hurts to have an advantage over other homes on the market. Upgrading your HVAC system could help you sell your home fast and get top dollar for it. If you’re interested in learning more about getting a new HVAC installed or need to get a quote, contact Thompson Electrical Service by calling (423) 343-5726.