I've got an oil boiler in my house, and it's about 15 years old. It's a Weil-McClain model, and it's been well taken care of, so I think it could last another 15 years. However, it's still an older oil boiler, and I recently got a quote for $16,000 to replace it with a modern propane gas combi system. While day-to-day costs would go down with a new setup, that's a hefty upfront investment. My wife and I are considering selling the house in a year or two, and I'm wondering if making this investment would actually pay off. Could I realistically sell the house for $16k more because of this upgrade?
3 Answers
Honestly, it’s very unlikely you’d get that $16,000 back. If you’re planning to sell soon, there’s really no solid financial reason to replace the boiler. Oil boilers, like yours, last a long time and are reliable, especially in colder areas. They might not be the most eco-friendly, but they do their job well! Unless your boiler is failing, I'd stick with it for now.
Lol, definitely a 'no' on that investment! A brand new boiler might make things easier to sell, though, because buyers usually prefer modern systems. Just don't expect to get all that money back!
If your oil tank is in good shape, keep the oil setup! If it’s starting to look bad, maybe consider the switch, but overall, I’d recommend sticking with oil while you’re selling.
Yeah, I agree! Oil’s been a solid heating option for years, and unless you're facing safety issues, it might not be worth the stress of switching.