Leave a Message

Thank you for your message. We will be in touch with you shortly.

ROI on AC

October 21, 2020

ROI on AC
Buyers in today’s real estate market expect to see Air Conditioning in a home, unless the home is within a few miles of the ocean.  In general it’s a good idea to have have Air Conditioning for resale.  Typically, a buyer is spending all of their money on the purchase and he / she doesn’t have a lot leftover for improvements like adding Air Conditioning.  They can always get a bigger mortgage and pay more for a house that has it though.  That being said, in today’s real estate market sellers are still fetching amazing prices for their homes, even without A/C.  It’s never been a better time to sell due to low rates and low housing supply.
You will make your money back when you add A/C to your home.  However, do not expect to make money on the investment.  I have an outstanding HVAC Professional who has been in the business for decades and offers great pricing.  You don’t need to hire the guys you see advertising on television to get a great product.  Those guys are pricey!   Costs are increasing as production has decreased and created some supply issues in the plumbing and HVAC world as well.
It’s always a good idea to review opportunity costs when investing in your home.  You want to make sure you’re investing your money in the right place.  If you want A/C for your own comfort then add it.  If you really don’t need or want it, then don’t make the investment just for re-sale.  That investment might be placed better with fresh paint and new carpet prior to listing your home for sale.  We’re always happy consult with our clients and make a plan to maximize their return on their home improvement dollar.

Recent Blog Posts

Stay up to date on the latest real estate trends.

Market Real Estate Update: New Listings, Pending Sales, and Community Giving

November 8, 2024

Explore our latest listings, including stunning homes with panoramic views and great amenities. Plus, join our 2024 Food Drive and give back to the community. Find you… Read more

Just Listed: Stunning Vista Del Cerro Home Back on the Market – A Prime Real Estate Opportunity Before Thanksgiving

October 24, 2024

Hot listing back on the market! 7770 Forrestal Road in Vista Del Cerro is available again. Perfect for families, this home offers stunning views and great outdoor spac… Read more

San Diego Real Estate Spotlight: Market Trends, Pending Sales, and Expert Insights

October 16, 2024

Navigating San Diego's Real Estate Market: Your Best Opportunities Right Now

August 19, 2024

Unlocking Real Estate Opportunities: VA Mortgages and Today's Market Trends

August 19, 2024

The DST is Ideal For Aging Investment Property Owners

February 15, 2024

Perch Wealth, Featured in BIZNOW, explains DSTs

Mortgage Rates, Home Values & The Rental Market

September 28, 2022

Mortgage interest rates play a huge role in home values. These rates are now at 2002 levels, up sharply from all time lows in 2021. The average 30 year fixed mortgage … Read more

Out of State Investing

April 7, 2022

Let’s face it… A lot of real estate investors are priced out of California, and prices are continuing to climb. Here is an example. In 2012 an investor could purchase … Read more

Out of State Investing

April 6, 2022

Let’s face it… A lot of real estate investors are priced out of California, and prices are continuing to climb.

Let's Talk

You’ve got questions and we can’t wait to answer them.