Are you wondering: Will a geothermal heating and cooling system increase the value of my home? If so, you’re not alone. Here’s a look at geothermal home heating and cooling systems and what they mean for you.
How Geothermal Homes Work
Geothermal thermal heating and cooling is relatively simple. In winter, a geothermal system uses an underground loop and circulated water to store heat. Then, when needed, the system sends that stored heat into your home for warmth. Something similar happens in summer for geothermal cooling. The system absorbs heat from your home and transfers it to the underground loop, using cool water to then return the air and cold air into your home.
Geothermal Home Heating Pros and Cons
There’s nothing to fear from geothermal homes for sale in York, PA. With that said, geothermal heating and cooling does have its advantages and disadvantages, just like any other home system. Here’s a look at specific geothermal home heating pros and cons:
- A Clean Solution: Geothermal energy is 100 percent renewable, and there’s zero pollution created by it.
- Savings: When you use geothermal heat, you can expect to pay about 30 to 60 percent less than you would otherwise. When you cool your home with geothermal energy, you can expect to pay about 25 to 50 percent less.
- Zero Fluctuations: When you heat your home with gas or oil, the price of heating goes up or down with the price of those commodities. That’s not the case with geothermal heating and cooling.
- Installation Costs: While you do save money on monthly heating and cooling bills, you will pay a little more upfront for the installation of a geothermal system.
- Hard to Retrofit: Geothermal systems are best for newer homes, because there are significant challenges in trying to retrofit an older home with a geothermal system.
- Electricity Required: Geothermal systems use heat pumps, so you’ll still need to use electricity to run the system.
Will Geothermal Increase the Value of My Home?
If already installed, a geothermal system would be highly attractive to most buyers. Why? Because the most expensive part of a geothermal system is the installation, and all the savings are available month over month after that. Search for tax incentives related to the purchase and installation of your system, too. You may find that you’re able to reduce your tax obligation by installing or using a geothermal system.
Find Your Geothermal Home
Are you looking for geothermal homes for sale in York, PA? If so, CENTURY 21 Core Partners can help. Our team includes only the most experienced and knowledgeable real estate professionals in the area. When you want to get the best possible results for your home search, choose CENTURY 21 Core Partners.
Contact us today about finding geothermal homes for sale in York, PA.