Are you the owner of a rental property in Dallas, Texas? If so, you may be wondering when is the best time to make some upgrades to your rental home. One of the most important upgrades you can invest in is an energy efficient HVAC system. This not only will improve your tenants’ comfort, you’ll be able to increase your property’s demand by upgrading your HVAC system, and you’ll save money on repairs. It’s a great investment all around.
So when’s the best time to update your rental home’s HVAC system? Read on to find out.
Renters Care About HVAC
Most renters are responsible for paying their own utility bills while renting a home. This makes sense, as this way they are personally responsible for their own energy usage. Yet, because of this, many potential renters will want to investigate the rental home’s HVAC system, and may even ask to see previous utility bills. This also makes sense as they will need to factor in the home’s average utility bills to their monthly expenses. When your rental home boasts a new HVAC system, renters notice and are much more likely to rent out a property with a newer HVAC system over one that has an energy wasting older system.
By highlighting these upgrades in rental advertisements, you can attract more potential renters, which will help you rent out the property sooner, and you can charge a bit more for rent since the home has an energy efficient system installed. With an upgraded system, you can flag the rental property as “green” or “energy efficient”, for which many renters will happily pay a premium.
So When Should You Replace?
Ideally, it’s good to replace your system when it’s over 10 years old, especially if your current system needs frequent repairs, or has a lower SEER rating. It may be wise to replace it in between renters, for convenience of everyone, so consider the timing of your leases. Also, if your system is really old, the best time to replace is probably now. You’ll want to get a new system in place before the old one breaks down and causes an emergency for your tenants. If your rental home’s current HVAC system is struggling, don’t risk an emergency breakdown before having it replaced. Your future tenants will thank you.
Even if your current HVAC system seems like it could last another year or two, your tenants may opt to run it frequently, especially on hot days. If you don’t want to shell out a lot of money on repairs, then it’s wise to consider replacing your system sooner rather than later.
Ready for an Upgrade? Call Advent!
If you’re considering upgrading your rental home’s HVAC system, then consider calling Advent. Have a look at our customer reviews and see for yourself why we are one of the best in the business for HVAC purchases and installs. If you’re ready to learn more about all the energy efficient HVAC systems we offer, contact us today. Our certified HVAC technicians provide quality heater and A/C installation services for residential and commercial properties across the greater Dallas area. Let us be your trusted HVAC contractors.