An attractive Seattle rental property is one that provides many sought-after features. Among the features that many residents desire in a rental property, an efficient and up-to-date furnace and air conditioning unit are usually at the top of the list. Renters are no different from a lot of homeowners in that respect: they want to be able to enjoy and live comfortably in their property, rented or owned, no matter the weather outside.
Improve Your Resident Satisfaction
There are many benefits to upgrading the HVAC (heating, ventilation, and air condition) unit of a rental property, making the initial investment of a new unit a smart financial move in the long run. For landlords with single-family homes, one of the most essential benefits is happier renters. Single-family rental homes earn more when your renters want to remain for longer lengths of time. If your tenants are contented with an updated HVAC unit, your tenants are more likely to stay in the home past the initial rental agreement. This will save you the cost and hassle of searching for new tenants every year.
Save Money with Increased HVAC Efficiency
Newer HVAC units are much more efficient than older models, leading to saving on utility costs. Whether the utilities for your rental residences are included in the rent or the tenant’s concern, reduced utility expenses result in more contented residents and lower costs for you. Since a quality HVAC unit typically lasts at least ten or more years, a new unit will more than pay for itself over the long term.
Enjoy Tax Rebates from the Government
Another benefit to remember is the possible tax rebates offered to homeowners who upgrade to energy-efficient HVAC units. You may be able to subtract up to 10% of the cost of the unit, a substantial advantage come tax time. When combined with the other savings an upgraded HVAC unit offers, it makes sense to make the change as soon as you can.
At Real Property Management Eclipse, we consider long-term client and resident satisfaction our top priority and give advice on Seattle property maintenance and HVAC upgrades with this goal in mind. If you would like to find out more about what we offer, please contact us online or call us at 425-209-0252.