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Updated over 1 year ago on . Most recent reply
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Will installing Electric baseboard affect my ARV?
Hi, currently have a house that I'm flipping that the boiler is shot. It currently doesn't have any gas lines either. Would replacing with Electric baseboard effect my ARV a ton? It is 1,000 SQFT and located in the Northeast part of the U.S. ARV is $160k right now so don't really want to spend $8k on a new boiler since that cuts so much into my profit
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Since you are flipping the house, you need to find the cost and the return on your cost. If you spend $8000, can you get at least $12-$15K more cuz you installing the heater. ARV is depending on the local area. I recently spend $!@K for a tankless heater and I got $20K more when sold due to that new system.
Good Luck