Most owners know how important home equity is. This term describes the amount of your property you own versus what remains tied up in the mortgage. As the house's value increases with current market trends, so does your equity. You can further boost its worth by making smart upgrades, such as to the heating and cooling system. The guide below explores this concept in more depth.

How to Boost Home Equity

If you own a house worth $300,000 but have a $180,000 mortgage, the equity is $120,000. Many people are interested in increasing this amount because it provides a safety net for the future. For example, you could take out a second mortgage or refinance later on if necessary.

A lot of what boosts home equity also adds to the comfort, convenience, and ease of maintenance of the house. For example, investing in modern heating and cooling technology ensures all rooms are kept at a comfortable temperature and reduces the risk of heat- or moisture-related issues. Air conditioners dry the air as they cool it, reducing the risk of mold growth. Since this fungus eats organic material, this helps preserve the condition of your walls, ceilings, and furniture. 

HVAC Upgrades That Add Value

If your home utilizes window or portable air conditioners, invest in a centralized or ductless mini-split system. Both of these cool rooms by taking in indoor air, running it over refrigerant-filled evaporator coils, and exhaling the heat absorbed by the refrigerant outside. The opposite process works for heating. The main difference is that one sends the treated air back via air ducts, while the other transfers it directly to individual units inside each room. While they both have their advantages, the latter is considered more efficient because it means you can adjust each area to a different temperature. Someone who likes it warm in their room can set the thermostat up while the kitchen remains cool for cooking.

You can also invest in a programmable thermostat, which allows you to set schedules where the temperature automatically adjusts when your family is not home during the day or asleep at night.

If you already have central AC, consider ductwork replacement. While most ductwork can last up to 25 years, it may start to deteriorate after 15. If it starts developing leaks, not only is HVAC-treated air less likely to make it to its destination, but various allergens that collect inside the ductwork will leak into your living spaces. Replacing it helps solve this problem, though you can also boost indoor air quality by installing a whole-house purifier.

When it comes to financially smart HVAC upgrades, turn to Wilson Heating in Marietta, OH. The family-owned business provides superior installation, maintenance, and repair services. Count on this team of licensed heating and cooling technicians to recommend systems that will deliver dependable comfort and energy efficiency. To schedule an appointment, call (740) 373-7874. Visit the website for their full services.