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Updated almost 3 years ago on . Most recent reply
New HVAC for rental property - price too high?
Hello all,
Curious who else has had to purchase a new HVAC for a rental property this year? I have quotes all the way from $8,850 - $13,250. The house is a 4bd/2ba 2,300 square foot. These quotes are for a Goodman Split Heat Pump System - 3 Ton 14 SEER and a Ruud Split Heat Pump System - 3 Ton Up To 14 SEER. Are these costs on par with what people are paying these days?
I bought this rental in 2017 and my inspector recommend a new HVAC at that time as this one was obsolete. So it's 5 years later and definitely time.
These quotes are from Hiller and from other local companies here in Nashville, TN.
Most Popular Reply
- Rental Property Investor
- Cleveland, OH
- 792
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Seems like the only way to answer this question is to get a few more quotes. This stuff varies so much by location.
Inflation is real too. I just replaced AC + furnace for a 1-bedroom apartment. $5600 all-in (think that's a pretty good price), but it was quoted $4850 in April 2021. Doh!