I was asked the other day, "How much does having central air add to the value of a home?" Is there anyone in the real estate business here that knows? Lets just say we have a home worth $100,000. We add central air conditioning, how much is it now worth? Is there a certain percentage?
The reason I am asking because I did an install the other day, and the folks said besides comfort, their main reason was to increase the resale value of their home.
I know pricing of air conditioning is not allowed here, but I am not asking for pricing of systems, merely what percentage of value does it add to a home.
Mods, if this is a problem, move to pro forum. Thanks, joe.