An attractive Brookland rental property is one that offers many sought-after features. Among the features that many renters desire in a rental property, an up-to-date and efficient furnace and air conditioning unit are typically at the top of the list. Renters are no different from a lot of homeowners in that regard: they want to live in comfort and be able to enjoy their home, rented or owned, whatever weather it is outside.
Improve Your Resident Satisfaction
There are plenty of 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 are more profitable when your renters want to remain for longer lengths of time. If your renters are comfortable with an updated HVAC unit, they are more likely to extend their stay beyond the initial lease term. This will save you the cost and trouble of finding new renters every year.
Save Money with Increased HVAC Efficiency
Newer HVAC units are also way more efficient than past models, reducing 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. As a superior HVAC unit should last ten or more years, a new unit should more than pay for itself in the long term.
Enjoy Tax Rebates from the Government
Another perk to consider is the possible tax rebates for 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 DC Metro, we prioritize the long-term satisfaction of our clients and their residents and formulate recommendations for Brookland property maintenance and HVAC upgrades with this in mind. If you want to know more about the services we offer, please contact us online or call us at 202-269-0303.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.