Is a mini-split a wise investment?

Posted: June 24, 2024 at 2:07 pm
By: Lakes Region HVAC

Mini-splits offer numerous benefits, making them a top choice for many home and commercial building owners. However, deciding to install a specific type of heating and cooling system requires careful consideration. While a mini-split provides efficiency, versatility, flexibility, improved indoor air quality, and quiet operation, cost remains a significant factor. The benefits of investing in an HVAC system extend beyond comfort and well-being. When choosing what is best for your home or business, you will likely want to know if the system will lower utility bills, reduce repair costs, and improve the resale value of your property. These are the three primary financial benefits your HVAC system can offer.

Utility Bills

Mini-splits, a type of innovative heat pump, are among the most energy-efficient HVAC systems available. Their superior energy savings can significantly reduce utility bills, making them an attractive option for cost-conscious consumers.

Repair Costs

Over time, repair costs can add up, so it is crucial to choose a reliable system. When used correctly and maintained by professionals, mini-splits are especially dependable. This reliability can reduce the frequency and cost of repairs compared to other HVAC options.

Resale Value

A new HVAC system typically increases a building’s value by 5% to 7%, with a return on investment of about 30%. Some sources suggest that a new HVAC unit can increase the value of your property by as much as 10%. The higher the efficiency of the system, the greater the increase in value. Property buyers, like owners, prioritize long-term savings and the improved comfort that newer, more energy-efficient models provide.