Got yourself a fixer upper? Here's what you need to know when it comes to heating and cooling…
Renovating an older home can present many challenges, especially when it comes to heating and cooling. Whether you're creating your dream home or hoping to sell, the furnace and air conditioning unit need to be working properly. But, did you know that an upgraded HVAC system can also increase the value of a home? Investing in a high-efficiency system could increase your home's value by the amount you invest or more.
To repair or to replace? Some things to consider…
To decide whether to repair or replace, first evaluate the home's existing HVAC system. It's important to consider the age and layout of the house you're renovating. Also think about and jot down your goals and budget for the project.
Repairing…
Repairing the home's existing HVAC system could be the most affordable option if the system is newer. However, more often than not, upgrading to a high-efficiency system will be the smartest choice in the long run, especially if the repairs are going to cost you more than a third of the cost to replace the system. Why? Repairs usually don't add the same value for future buyers as upgrading the system.
Replacing…
If you decide to replace the home's HVAC system, a central heating and cooling system is usually preferred. A modulating HVAC system can provide many advantages, including control of indoor humidity. By upgrading to two-stage equipment, which operates on either medium or full capacity, you receive the added benefits of reduced cycling and temperature swings, increasing comfort at a moderate price. There is also variable speed equipment, which closely matches the load requirement. While variable speed equipment may have a higher initial cost, operational efficiency and system protection are improved through advanced diagnostics. A properly installed unit will also properly dehumidify the air, creating a more comfortable home.
Other options…
If your home is very old, it may not have the duct-work required to run a new central HVAC system, and installing these ducts can be expensive. While a ductless system is not recommended for most homes, there are options to avoid adding duct-work, including mini-split systems, window units, and evaporative or “swamp” coolers.