How to Decide to Repair or Replace Your Heating and Air Conditioning Unit
One of the toughest decisions a homeowner may have to make is whether to install a new heating and air conditioning system or spend money on hvac repair. For many, it may be a simple matter of economics, with replacement often costing more than the current repair, but there are other factors involved in making the decision than price alone. Spending money repeatedly on repairs for an aging HVAC unit may seem cheaper than replacing the unit, but if you’re constantly calling the HVAC contractor for repairs, you may be better off with a new one.
Your HVAC system is the one important system in the home that you probably think about the least, especially when it isn’t having trouble, and for most making the decision to replace it is not one that comes easily. However, knowing your system, its age and how it works it can help you decide when you have enough time to make an informed decision.
When a major break down occurs you may not have the luxury of time in order to find the right HVAC contractor to do the job. You could be forced into installing a unit that provides more, or less, heating and cooling power than you need and spending more money than you wanted to without being able to explore all of your options. The right time to make this decision is before it breaks down and not in the middle of a cold snap.
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Your current system may survive with heating and air conditioning repair for a time, but if it is aging quickly and you need to look into replacing it there are some things to help make the decision easier. The age of the system will usually affect its efficiency and while it may be pumping out warm air in the winter it may be burning more fuel than a new energy efficient model will. Savings from energy cost alone could be a selling point when trying to decide on a new heating and air system.
If you are planning to sell your home in the near future, the same criteria should be considered. Potential buyers may be reluctant to make an offer on a home in which the furnace is past its prime and the investment you make in a new unit could increase the selling price of the home. In most instances, the increase in the price of the home will outweigh the cost of the new system.
If your system is still relatively new, 5 to 10 years old for example, and has had regular routine maintenance, spending the money on heating and air conditioning repair may be the less expensive option. Dealing with a trusted and qualified HVAC contractor, especially if they are the ones you have had performing preventive maintenance, will also help in the decision making process.
They are probably more aware of the needs of your system and can give you the details you need to make a decision on whether to repair or replace. They may also be aware of future problems that are likely to come up that could make investing in a new system a more economical choice.
When you have an old air conditioner (6-7 years old) Which do you think is better? Buying a new one? or Repairing what you have?See results without voting
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