HVAC effects on appraised value

[Isabel Owen]

We are attempting to determine if it is worth it to buy/install HVAC prior to appraisal. How much have you seen HVAC impact appraised value? We are definitely going to get one, it is just a matter of managing cash outlay and timing of refi.

Few houses in the historic district in which the property is located have HVAC systems, rather, most have window units as the houses are relatively small.

Thanks for the help!

[Isabel Owen]

@John Weidner, @Mike Wood @Seth Teel, @Tim Macy, @Russell Brazil- thanks again for you replies here. We just finished the cash out refi process so I figured I'd update here just in case it can be useful for someone in the future.  In the Sales Comparison Report section of the appraisal we were docked $2k for not having central HVAC. So, the appraisal is lower than actual value will be after HVAC is complete but it was worth it for us to wait as we have a lot more flexibility now that we have the cash out from the refi.