In Canada’s increasingly softening housing market, sellers are more and more often required to upsell their home as much as possible in hopes of securing the best offers. Most real estate listings will include a list of recent upgrades. Items like updated electrical and new roofing speak for themselves, but does your geothermal heat pump system sell itself?
Unfortunately, most would be home buyers aren’t aware of the many benefits of a geothermal system. Without being informed, they have no idea what amazing value a geothermal system would provide them. As the seller, it’s up to you to educate the would-be buyers and your realtor about the benefits of having a geothermal system in a home. Having trouble remembering the exact reasons why a geothermal system is a great investment and helps to increase the value of your home? Check out these quick selling points, listed below.
A Geothermal System Lowers Utility Costs
According to the Environmental Protection Agency, geothermal heat pumps are 40-60% more efficient than traditional heating and cooling systems, meaning the homeowner is likely to save 60-40% on their heating and cooling costs. Sellers look for homes that are not only competitively priced, but also have reasonable utility costs.
A Geothermal System Requires No Alternative Heat Source
Unlike competing heat pumps like air-source heat pumps, geothermal units do not need a secondary form of heating during the very cold Canadian winters. Even on the coldest days, geothermal heat pumps can satisfy the load requirements of a typical home and keep it’s occupants comfortable.
Geothermal Heat Pumps are Long Lasting
Geothermal heat pumps are designed to last. They’re installed inside the home where they’re protected from the elements, resulting in a long life span. In particular, NORDIC® systems are designed to withstand the demanding heating loads of cold Canadian winters, ensuring trouble free operation for years.
In addition, many geothermal systems are installed with a closed ground loop. These loops are designed to last for the life of the house, and when installed correctly, shouldn’t need to replaced or repaired.
A geothermal system should last for years beyond a typical air to air heat pump or mini split system, resulting in worry free operation for the homeowner and no prospect of replacing the heating system within a few years of purchasing their new home.
A Geothermal System is Comfortable
Many geothermal systems installed today offer a complete active heating and cooling solution. This results in a supremely comfortable heat in the dead of winter and highly comfortable cooling in the summer – while operating for a fraction of the price of a traditional heating and air conditioning system.
A Geothermal System is Good for the Environment
A lovely added benefit of a geothermal system is it’s efficiency. Since it’s the most efficient heating and cooling system available on the market today, it’s also the most environmentally friendly. There are no green house gases emitted by the machine itself, and it draws it’s heat from a completely renewable resource. This is the cherry on top of an already compelling case.
Having a geothermal heat pump installed in your home is an amazing selling feature in today’s soft market. By correctly informing your buyers and realtor, you can realize a great return on your investment.