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Updated almost 6 years ago on . Most recent reply

User Stats

120
Posts
18
Votes
Dave S.
  • Investor / Wholesaler
  • Erie, PA
18
Votes |
120
Posts

AC or no AC - Is there ROI

Dave S.
  • Investor / Wholesaler
  • Erie, PA
Posted

So the basement is open and the property is a bi level. The boiler has to be replaced no matter what. So my question is spend $3k to get a boiler installed or spend $7k+ to get heat pump and ductwork installed? Is the return on investment here. Property is located in the northeast. Thoughts? 

Most Popular Reply

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2,283
Posts
1,818
Votes
Mitch Messer
  • Lender
  • San Miguel de Allende, México
1,818
Votes |
2,283
Posts
Mitch Messer
  • Lender
  • San Miguel de Allende, México
Replied

Hey @Dave S., your specific market will dictate whether AC is worth the investment.

If every other comparable property has it, then you'll be at a significant competitive disadvantage if your doesn't. For example, down in Georgia, we wouldn't dream of renovating a home without including a robust AC system.

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