How Much Value Does Central Air Add to Your Home?
When homeowners think about upgrades that add value, they often picture a remodeled kitchen, a new bathroom, or fresh landscaping. But some of the best improvements are the ones that make a home more comfortable day after day. Central air may not be the first upgrade that comes to mind, but it can be a feature that buyers appreciate when they’re searching for a home. So, how much value does central air add to your home? Let’s take a closer look at how this upgrade can impact comfort, buyer appeal, and resale value.
Does central air add value to a home?
The question of whether central air adds value to a home can be a bit complicated. There’s no guarantee that installing AC will lead to a dollar-for-dollar increase in your home’s price, and several factors can determine whether this upgrade is worth it.
Michael Whitney, a top-selling real estate agent serving Portsmouth and Rockingham County, New Hampshire, who works with over 79% more single-family homes than the average area agent, shares why the upgrade can add value but still may not be worth doing at the last minute.
“Does it add value? Yes. [But, if] they don’t have it, and a client asks if they should put it in prior to listing the house, I unequivocally 100% say no. Don’t waste the money,” he says.
This highlights an important distinction for homeowners: an upgrade can be valuable without directly increasing a home’s price. In many cases, central air’s biggest impact is on how buyers perceive the home.
“It adds to the salability more than it adds to the value,” adds Bob Sophiea, a top-selling agent in the Lexington, Kentucky, area who is also a historic home and luxury home specialist.
from HomeLight Blog https://www.homelight.com/blog/how-much-value-does-central-air-add-to-home/
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