Retrofits make the most sense when a system still has useful life, but individual parts are making themselves heard.
You may be ready to retrofit HVAC system components when the equipment still heats or cools but runs loudly or in an irregular pattern. Tenants may mention rattling, humming, or frequent on and off cycles, even though their apartments eventually reach setpoint. These are often early signs of wear in motors, fans, or controls.
Rising energy bills are another clue. If usage trends upward without a major change in occupancy or weather, that can indicate that coils are dirty or weak, motors are losing efficiency, or airflow is compromised. The systems still work, but they are working harder than they should.
The physical condition of the unit matters as well. When cabinets, drain pans, and coil surfaces are structurally intact and free from severe rust or damage, retrofitting internal parts can be a good investment. This is especially true when capital budgets do not support full replacement in the current year and tenant complaints are concentrated in a few units instead of building wide.