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Updated about 10 years ago on . Most recent reply
To central AC or not?
I'm renovating a SFH that I bought at auction for $10k. ARV is somewhere around $70k and the property needs roughly $25-$35k of work. I'm not sure if I want to hold it or flip it and I live in PA. That said, I'm not sure if I should put in central air. There is forced hot air in the house now, so the duct work is there. My friend is an HVAC tech and I could put central air in for about $2k-$2.5k.
Will I get my investment back if I rent it/flip it? Any recommendations based on experience would be appreciated.
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No-brainer, put in the AC! you're way ahead of the game already in terms of the deal you have, you and your friend can do the work, the ductwork is already in place. It will increase the value of your property. Also keeps the humidity out of your home which is a great source of mold.