How to Add Home Equity Through HVAC Upgrades

March 17, 2020
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According to research by Harvard’s Joint Center for Housing Studies, people in the United States spend a considerable portion of their earnings on home remodeling projects every year only to get lower returns. Between 2017 and 2018, the nationwide spending on home remodeling surged to $340, an increase of 7.5%. However, the return on investment was only 56% of the total expenditure—a decline of 12 percent from the preceding year, according to a survey conducted by Remodeling Magazine.

If you’re a renovation, don’t forget to upgrade your home’s HVAC system as well. Ahead, we’ve listed down some fundamental HVAC upgrade options to boost the resale value of your home and make it more competitive in the property market.


Upgrading your home’s insulation can boost your returns by 95 percent to 116 percent. For instance, replacing your old insulation with fiberglass insulation will only cost you $1,200 and would yield a $1400 return upon resale. In addition to this, well-insulated walls help your HVAC to regulate the indoor temperatures better and reduce its energy consumption.


Most latest and advanced furnaces for homes are small in size, and installing them is relatively quick and easy. Furnaces typically have a life expectancy of fifteen years if they are adequately maintained, but older furnaces may need to be frequently repaired during this period, which also affects their efficiency over time. Switching to a newer furnace model will help you cut down on your energy bills, another thing that potential buyers look for in homes.

To determine the age of your furnace, look for a serial number mentioned at the front bottom or back of the unit. Furnaces manufactured in the 90s may have a serial number like 1096CA3569. The first four digits (1096 – 10th week of 1996) will tell you the age of your furnace. For newly manufactured units, the last 3 to 4 figures will depict the age. For instance, 59706-1240607– 6th month of 2007)


HVAC Upgrades2

Planning to replace your HVAC? Great. You can make it more efficient by upgrading the ductwork in your home. Typically, ducts are built to last for 25 years with proper maintenance; however, most of them start showing signs of wear after 15 years. Loose, cracked, or worn-out ductwork  affects the air quality inside your home and efficiency of your heating and cooling system. The United States Environmental Protection Agency also recommends upgrading ductwork to enhance the quality and cleanliness of indoor air.

If you’re looking for licensed and certified HVAC service to upgrade your home’s HVAC system, get in touch with our experts at Global Heating and Cooling. We offer top-quality furnace repair in Old Town, as well as radiator repair, heat pump repair, and Dehumidifier Installation Chicago. To further facilitate our customers, we also offer free quotes!

To learn more about our heating and cooling company 60622, call us at (773) 801-3734.

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