The Real Reason Your HVAC Bills Keep Going Up

If you’ve had HVAC work done in recent years, you already know it comes with a hefty price tag. Our Maintenance Division is feeling that same pressure. According to data from Property Meld, the cost of HVAC repairs and replacements has grown far faster than the normal rate of inflation (CGI).

Why are costs climbing so steeply? A few key factors include:

• Government regulations restricted the type of freon that could be used.

• Material shortages that began during the COVID-19 pandemic.

• High demand driven by new construction.

• Labor shortages of HVAC technicians have forced companies to raise pay and, in turn, pass those costs on to customers.

For property investors, these challenges can quickly eat into margins if not managed carefully. An unexpected HVAC breakdown doesn’t just mean a big repair bill, it can also result in tenant dissatisfaction, higher vacancy risk, or even long-term property damage if issues aren’t addressed quickly.

That’s why our team takes a proactive approach. We continuously work to keep expenses as manageable as possible by negotiating fair pricing with trusted vendors, leveraging our in-house Maintenance Division to reduce outside markups, and prioritizing preventive care so small issues are caught before they turn into major emergencies. Every decision we make is centered around protecting your investment and helping you maintain consistent returns, even in the face of rising costs.

At Henderson Properties, we know that every dollar matters when you’re managing rental real estate. Our goal is to minimize your risk, maximize your property’s value, and keep operating costs under control so you can focus on growth instead of unexpected expenses.

Ready to learn how our property management and maintenance services can help you save money and safeguard your rental portfolio? Contact us for a consultation and see the difference Henderson Properties can make for your investments.