Old houses have tons of charm that you rarely find in newly built houses. But unlike a newer home, buying an old house often comes with more risk. Does the house contain lead paint? Do the appliances in the kitchen look like they were purchased in a previous century? And most important, is the HVAC system in good working condition? Or does the house even have central AC?
HVAC systems tend to need replacement between 15 and 20 years. Even if the HVAC system works, it has been proven that newer systems are far more efficient and will cost you less in utility bills over time. This article discusses important considerations when buying an older house with an old HVAC system so that you can weigh your HVAC options.
Inspection & other questions to ask
The most important “first step” is to make sure the home inspector takes a thorough look at the home’s HVAC system. Even though this is already part of the overall inspection, having knowledge about the specific aspects of the HVAC inspection will help you to ask the right questions. Additionally, you might even consider hiring an HVAC professional to check out the system if you are serious about buying the house. When getting the home inspected or at some other point during the due diligence period, find out:
- Is there any noticeable damage or issues with the HVAC system?
- Can you review any maintenance or service documents or records?
- What is the energy rating on the system?
- What kind of ductwork (or lack thereof) exists?
- What kind of thermostat operates the system?
- How much does a new HVAC system cost to install?
If you do have an HVAC professional come in for a review, consider researching common issues with HVAC systems in advance and asking in-depth questions about the system.
Use the info you collected to negotiate
Using all the information you’ve gathered about the status of the HVAC system, you now have leverage with the seller. Your realtor should be well-versed in these types of negotiations and what might be considered a good offer. Options may include:
- Asking the seller to lower the price of the house
- Asking the seller to include a home warranty in case any problems occur with HVAC in the first year
- Asking the seller to upgrade aspects of the HVAC system
- Asking the seller to have the HVAC system serviced
If you need to have an HVAC system checked out, call us! At Exxel Mechanical Services, we are happy to make sure a potential home’s HVAC system is in good condition for you. We serve a 30-mile radius of Winfield, Maryland, serving Westminster, Owings Mills, and Frederick. Our reputation in this area precedes us, as we pride ourselves on placing our customer as our highest priority. Call or email us today at (443) 821-1040 or email@example.com. It would be our pleasure to see how we can help you.