Opinion Question - Would you add central air to a small rental?

Question

We are about to start rehabbing our first rental - a sfh in an A-/B+ neighborhood. It is only 700 sq ft. We are currently under the impression that the furnace works fine (although we don't know for sure.)

My husband / business partner thinks we will need to add central air to command the most for the property. I don't really think it's necessary - we'd probably be able to get an extra $25 in rent, and while it's common for the area to have central air, it is by no means the rule.

What do you think?

Greg H. · Answer

You might consider a ductless mini-split system with the small square footage.  They can be purchased for <$1000 and are relatively easy to install.  I would not install central air for a $25 per month rent premium

Kathy Stewart · Answer

If my property,  and planning to own for several years, I would add central air and add to rent as a premium and reap the tax expense benefit.

Matthew Paul · Answer

Window units are cheap , I have 3 units that use them ,I dont supply them . The tenants do , they belong to them . They have a problem its theirs .

Ray Fisher · Answer

Her in the south central heat and air, makes it easier to rent. And yes I might get a few bucks more.

The window units today are throw away units no one wants to work on them.  I have been looking at the mini split units. but have yet to buy one.   like Chris says i would wait till i needed a complete unit.

The hvac contractors around here seems like they all want to replace the unit.  I understand there's a rebate on new units.  but a 3500 to 5k hit isn't usually in the budget. And it can make a positive cash flow a negative real quick.

Chelsea Ziss · Answer

We are planning to hold pretty much indefinitely, so long as it has any sort of cashflow. It is forced air.

Chris Seveney · Answer

how Long do you plan on holding the property ? Is the house have forced hot air as its heating source? If the house had forced hot air I would wait until the furnace goes and do it at that time. Definitely not a must for a rental but when you go to sell it that is when it will be more crucial

Opinion Question - Would you add central air to a small rental?

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