Answers (5)
- Brad Pratt, "Brad Pratt"
- Contributions:116
If you want to improve value then renovate the kitchen and baths.
- Tom Lynch, "tlynch26"
- Contributions:331
I expect natural gas will increase market value... but can't say by how much. Buyers LOVE natural gas. It is so much less expensive than oil. And cleaner. And easier. I've had many buyers explore switching from oil to propane. And when natural gas is an option, I have had buyers switch.
Good luck!
Good luck!
- Yuan Li, "Yuansteamrealty"
- Contributions:7
Most of my buyers do prefer gas to oil. However, the money you put in to replace the system would not come back to you. Buyer would like the fact that it is heated by gas but would not be willing to pay $10K more for this difference...
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- Ofe Polack, "Ofe Polack"
- Contributions:3374
There is no difference from oil to gas, as long as the house is properly heated, there will be no change in the appraisal. Some buyers prefer gas, others like oil. It's all a matter of preference.
- Dan, "the_country_hick"
- Contributions:4827
You have a heating system. That is all a buyer is looking for unless they want a newer energy efficient heating system. The type of fuel (unless you have to manually put it in) does not make much difference.
Will I see in increase in home value converting from oil to natural gas heating?
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