Q&A: Will An A/C and Furnace Replacement Increase The Value Of My Home?
A: Replacing your outdated HVAC system can certainly improve the value of your home. This is especially important when living in climates with extreme weather conditions - hot summer days and cold winter nights. Here in Toronto, where we most definitely experience both ends of the weather spectrum, it may be a good idea to consider some of the ways an air conditioner and/or furnace replacement can be beneficial for your home:
Lower Energy Costs: It's no surprise to find out that on average, heating and cooling costs account for more than half of utility costs in Canadian homes. And therefore, it is imperative for homeowners to make energy efficient decisions when it comes to their home's heating, ventilating, and air conditioning system. Replacing older heating and cooling systems that often operate around 60 to 65 percent AFUE with new high efficiency systems currently on the market that operate well over the 90 percent mark will save hundreds and thousands of dollars in fuel costs. Having a lower energy bill is a huge plus factor for a home buyer in the midst of rising hydro costs. Not to mention, the reduction in fuel usage by high efficiency systems is less wasteful and better for the environment. These advantageous factors will likely add value to your home and increase the chance of a home sale.
Comfort Control: Unlike older, conventional HVAC systems that operate using a single speed motor, new variable speed technology makes it possible for heating and cooling systems to run using a wide range of speeds. This range in speed will help to precisely control the air in your home and customize the comfort in different areas of your home. Having more consistent air distribution leads to a host of different benefits including better humidity and air quality control, whereby better regulated air temperature in the home allows your filters to better capture and remove indoor contaminates and impurities preventing things such as mold formation.
Take Advantage of Government Rebates Available! In addition to energy savings, replacing your existing heating and/or cooling system to a high efficiency one will also make you eligible for rebates of up to $2000! Click here to see some of the rebate programs you can be eligible for!