If you flip homes in New Orleans, Louisiana, then you probably know what renovations should get the best return. Although HVAC investments aren’t the most exciting, they are important. HVAC upgrades should be at the top of your list to help your home sell faster with the greatest return for your investment.
One of the biggest expenses for utility bills comes from the HVAC system. New homebuyers are more concerned than ever with protecting the planet and saving on utility bills. A new, upgraded HVAC system helps to ensure you can offer a home with lower utility bills, which is a major selling point for homebuyers.
Higher Resale Value
While homebuyers love brand-new kitchens and bathrooms, you can’t guarantee they will like your style. When you’re flipping a home, an upgraded HVAC system will always be appreciated. An HVAC unit is a major cost for homebuyers, and you may discourage a sale if they know they may have to make an additional investment after buying your home. Although putting in a new system is a significant cost, you will see a return on the investment.
Faster Home Sale
Time is money when it comes to flipping houses, and homes that have new, upgraded HVAC systems tend to sell faster than homes without it. The longer your home sits on the market, the more it can cut into your profits. Installing a new HVAC system is a project you don’t have to do yourself. Once it’s finished, your home will flip faster and with a higher profit than if you had taken on other projects in the house instead.
If you want to upgrade the HVAC in your investment property, we are the right people to call to discuss the right system for the home. Contact Bryan’s United at 504-208-2071 to speak to an experienced professional today.
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