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Updated almost 6 years ago on . Most recent reply

Account Closed
  • Rental Property Investor
  • Odessa, FL
113
Votes |
145
Posts

Window heating and cooling units in FL to they decrease value?

Account Closed
  • Rental Property Investor
  • Odessa, FL
Posted

Hello guys,

I am closing next week on a property in Lakeland Florida. It's a 3/1 and I think I got a nice deal on it. I had a short discussion with my PM about the property and she says that because of the window AC units rent could potentially be affected and being lower than a house with a central AC.

The house has a low pitch roof with very little attic space. Central AC is doable but will be costly and I'm not interested in that upgrade. Especially because most rooms in the house already have a fully working window unit.

So what do you guys think? How much lower is the rental going to be because of the window units ?

Most Popular Reply

User Stats

25
Posts
15
Votes
Sean Mcentee
  • Real Estate Agent
  • Boston MA
15
Votes |
25
Posts
Sean Mcentee
  • Real Estate Agent
  • Boston MA
Replied

It depends on the neighborhood. A&B neighborhoods it may hurt your occupancy rate. I have a few properties C class neighborhoods with Window units and it has had no impact. Compare the increase in rent that you think you'll get by putting in central compared to the price of installing it. It will take a few years to get your money back.

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