If you are preparing to sell your home, or you are just looking to boost the value of it so you can mortgage it to finance something, you usually start looking for a way you can to boost the property value. Have you ever stopped to consider that an air conditioning overhaul might increase your property value? The answer is yes, but only some of the time.
There are two specific sets of circumstances where an air conditioning revamp can possibly bring a noticeable improvement to the market value of your property. The first of them is if the existing air conditioning unit is more than ten years old. The increases in technological improvements and energy efficiency over the last decade have been remarkable, and downright astounding in some areas, and air conditioners are no exception.
Models that are available now run far quieter than their predecessors and keep homes at cooler temperatures while also using less electricity on their own. A new air conditioner will have a market value of its own to add to your property for just the hardware alone, but the potential monthly utility savings to a prospective buyer adds some real punch to market value, given that they would save money on power bills and also not likely have repairs or maintenance to do for a while.
The other reason why you might consider replacing or overhauling an air conditioner is if the SEER rating is less than 13. You can have this checked by a licensed company like Instant Air. A SEER rating of 13 is now the minimum required by the federal government for new models. That does not make older models illegal, just obsolete, and so their market value diminishes rapidly, especially against new or remodelled properties. Units with a SEER of 13 or higher are very energy efficient.
There of course can be other reasons why an overhaul might help your property value. Simply rearranging the landscaping around an air conditioner can improve its shade and airflow, which help it operate better, but these improvements might also make the property look better (or worse if done wrong).
A good potential overhaul of an air conditioner that is older but still has life left is to replace the freon it uses for the new substitutes, as freon is being phased out. You might not get a huge spike in property value from this, but saving a buyer the hassle should be worth something in negotiations.