Do I need cooling unit?

[Nick Church]

Looking at a single family house that i will rent out in a small town outside of Toledo, Ohio. 4 bed, 2 bath, about 1500 square feet. It has forced air heating but no cooling unit, is having a cooling unit a necessity? And if there are any contractors does anyone know how much those cost to install and how much that affects the ARV? Please try and answer all the questions if possible, thanks!

[Pat L.]

We always add them when we upgrade to compete with the SFR around here. We have a great HVAC guy & the last complete system Hi Efficiency Fce. 17 Seer a/c & HW tank ran $5400.

I've done them cheaper myself using Goodman BUT we had the Bldg. Insp on our tail & had to pull permits & then wanted to inspect it all WHEN the HVAC guys were present. 

We also had to retro fit a new a/c condenser into a Hi Efficiency Fce. I had already installed a couple of years ago & that ran $1200 with new evap coil, line set & a 1/2 days work.