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Updated over 6 years ago on . Most recent reply

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Sviatoslav Gulko
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Is it worth it to install central A/C in rental properties ?

Sviatoslav Gulko
Posted

Hi everybody! 

Just bought first rental property. Now budgeting and planning rehab for that house. It's an old row/townhouse in B class neighborhood and it has duct for heating system so I have an option to add central A/C to existing heating system. Already had couple A/C contractors and estimated price $3500-4000. Not sure if I need to do that. Will central A/C increasing value of the property?  Any other suggestion on that?

And one more question. Can anyone recommend a good and not expensive Windows company in Philly area(need to replace 8 windows) 

Thanks!!! 

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Ned Carey
  • Investor
  • Baltimore, MD
13,334
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Ned Carey
  • Investor
  • Baltimore, MD
ModeratorReplied

@Sviatoslav Gulko  it depends on your market. What do your tenants expect? Is it a competitive market for good tenants? 

Since it is a rental any increase in value will be insignificant so shouldn't really be a factor. The questions are will it rent faster, for more money, or attract a better tenant?

  • Ned Carey
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