Your HVAC system has been acting up lately. Itâ€™s not heating or cooling your house as well as it used to.
It seems to struggle to get the temperature even close to a comfortable level. Youâ€™ve had a technician diagnose the problem (or problems) – looks like the heat exchanger needs repair…the evaporator coil needs replacing…the coolant system is leaking. In other words – your HVAC system has a host of problems.
So hereâ€™s the question: do you repair the HVAC system or buy a new HVAC unit?
Itâ€™s often a tough decision. No one wants to go through the time, hassle and cost of buying a new HVAC system. But sometimes the cost and benefits of installing a new system outweigh the cost of HVAC repairs. Other times you might be able to get a little more life out of your current system through those HVAC repairs.
In order to come to a decision thatâ€™s right for you, there are some things you should consider:
The cost of the HVAC repairs vs. the cost of a new system.
72 Degrees contractors can come into your home, inspect your system, and provide a complimentary estimate on how much it will cost to have it repaired. They can also provide recommendations on how much a new HVAC system will cost to buy and have installed. Youâ€™ll have a good idea up-front of how much both of these options will cost you so you can understand how repairing a current system vs. installing a new one will fit in your budget.
The age of your current HVAC system.
How old is your HVAC system? Most HVAC systems last, on average, 15 to 18 years. In rare cases well-maintained systems can sometimes last up to 20 years or even longer. But think about this â€“ if your system is getting up there in age, you could be looking at spending a significant amount of money for the initial repair and then additional money in the months and years to come for even more repairs. You need to ask yourself if itâ€™s worth it. If not â€“ then a new HVAC system may be the way to go.
On the other hand â€“ if your system is, for example, 10 years old, simple repairs may be the better option. Done right, repairs can help extend the life of your system, thereby maximizing the value of your investment.
The efficiency of your current system.
Newer HVAC systems are typically more efficient and cost-effective than older systems. They have high SEER ratings (Seasonal Energy Efficiency Ratio)and can greatly reduce your monthly utility bills. The savings will likely be significant.
However, it could be that your current system simply needs a tune-up. This is routine and can be done easily and cost-effectivelyâ€¦and will save you the time and expense of installing a new HVAC unit.
A new HVAC system may add to the resale value of your home.
If youâ€™re considering a home sale within the next few years, installing a new system could be the way to go. New HVAC systems can be used as a selling point to prospective buyers.