central air?

[Casey Young]

Any thoughts on whether or not it's worth the cost of installing central air for roi I can get a unit for 1100 and we are in northern indiana? purchase price 31k rehab cost 15 to 20k comp selling for 100-130 thanks! 

[Bob C.]

I had/have a lot of these "should I do" questions.  The answer is almost always "what is my competition doing?", "what are my prospects seeing at other houses".

Central Air is one that I have struggled with the decision with a few times here (Southern NY). Both times the house's target ARV was about 30% higher than the median - right on the cusp of when buyers start to expect central AC.

Unfortunately, my cost of installing AC was much higher than yours.. in the 6-8k range, and would not have bumped the ARV much more than a couple thousand. I didn't install and kept my fingers crossed (and both houses went on the market in the Summer). Both turned out OK. Both sold and not one person looking at the houses said anything (to me) about the lack of AC.

If $1100 is truly your cost to install (not just the cost of the parts) I'd do it if I were in your position. Seems that central adds a lot more value (higher ARV, and quicker sale time) than $1100.