Can HVAC Upgrades Boost Home Equity in Springfield, VA?
Making home improvements can be daunting. But it’s worth it if the investment increases your home’s value. And one home improvement project that’s paying off in Springfield, VA, involves modernizing your HVAC systems. Read on to learn more.
Why is Home Equity Important?
Equity is the difference between the market value and the amount owed. This doesn’t refer to a down payment but rather the loan amount on a home. When homeowners own more than their homes are worth, they have equity in the house.
Recent reports show that homeowners are spending more money on home improvements than at any other time. Many people may be wondering what’s driving this rise with numbers like these. One of the most popular home improvement projects focuses on heating, ventilation and air conditioning systems.
People who decide to upgrade their HVAC systems gain numerous benefits upon completion of the project. These benefits include reduced energy costs, improved indoor air quality and enhanced home comfort.
Insulation and Weatherproofing Upgrades
One of the most popular reasons homeowners are upgrading HVAC systems is to upgrade insulation and weatherproofing, which will lead to increased energy savings. Upgrading insulation improves the R-value in homes, which means that homes lose less heat or cool air through exterior surfaces. Additionally, upgrading any windows or doors can increase an overall home’s energy efficiency.
Installing Multi-Zone Ductless HVAC
Another popular upgrade is the installation of a multi-zone ductless HVAC system. A multi-zone ductless HVAC system allows you to split your home into several climate control zones. Each includes a thermostat. With this type of system, you can cool one area of the home without cooling the rest. As a result, you save energy and money.
A multi-zone ductless HVAC system also let’s everyone in the house enjoy the exact temperature they prefer in the room they’re occupying. This is a great feature that many of today’s home buyers look for, which can help you sell your home faster.
Upgrading a furnace or boiler is another way homeowners can increase the energy efficiency of their heating systems. A furnace upgrade can also improve home comfort and lower your monthly utility bills. Additionally, many of today’s high-efficiency furnaces and boilers provide additional benefits such as humidity control and reduced dust levels.
Window and Roofing Upgrades
If homeowners plan to stay in their homes for a while, investing in upgraded windows can pay off with lower energy bills and increased home valuation. That’s because new windows made of vinyl or wood-clad construction help reduce drafts and noise, giving them better protection from the elements.
On the other hand, roofing upgrades are an excellent way homeowners can increase the value of their homes. HVAC units often sit on the roof, so it’s vital to have an efficient protective barrier between these two major home components. Many homeowners choose to install upgraded shingles that don’t require much maintenance but provide increased protection from the elements.
A More Efficient HVAC Unit
More homeowners are also upgrading to more energy-efficient heating and cooling systems to save money on their annual energy bills. Many of these new heating and air conditioning systems offer greater efficiencies, leading to lower monthly utility bills.
Additionally, many of today’s high-efficiency HVAC systems also provide reduced noise levels. This efficacy offers homeowners a more comfortable and peaceful home environment.
HVAC Repairs and Upgrades
If you’re considering an HVAC upgrade, give the professionals at Brennan’s Heating & Air Conditioning a call today. We offer a full range of products and services, including ductless AC installation, geothermal heat pump repairs and more.
Image provided by iStock
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