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A new furnace replacement can cost between $3,000 – $7,600, depending on the size of your home, the efficiency of your new furnace, and the sophistication of the equipment. That includes labor and permit fees, not just equipment costs.
How much is a new furnace for a 2000 square-foot home?
The average cost range for purchasing and installing a gas furnace designed to heat a 2,000-square-foot home with a 97% efficiency rating ranges from $4,000 to $8,000, with most homeowners spending around $6,000 total on a high-efficiency gas furnace replacement in a 2,000 sq. ft. home with minor modifications.
Why is furnace installation so expensive?
The number one reason why your furnace installation costs so much is because you are paying for a long-term investment. Like we mentioned earlier in this article, your furnace will last up to 15 years or more.
How much is a new furnace for a 1500 square-foot home?
For example, a 700- to 1,500-square-foot home will require a BTU rating between 40,000 and 60,000, which will cost between $2,000 and $3,000. A furnace for a home ranging in size from 2,000 and 5,000 square feet will need between 125,000 and 150,000 BTUs and will cost in the neighborhood of $3,300 to $6,500.
How much is new furnace?
How Much Does a Furnace Cost? A new furnace costs $1,500 to $6,500, depending on the model you choose. The average cost of installing a mid-efficiency furnace is $1,500 to $2,500. Mid-efficiency furnaces have an annual fuel utilization efficiency (AFUE) rating of 80% to 89%.
Should I replace my 25 year old furnace?
Age of your Furnace If your furnace is pushing 25 years or more, it’s probably nearing the end of it’s effective lifespan. You might choose to replace a 15 year old furnace, or it could last more than 30 years.
Is it cheaper to replace furnace and AC together?
Adding a furnace during your air conditioner replacement will cost a lot less, around $1,000 to $3,000. The only time it really makes sense to wait to replace your furnace is if it is less than 10 years old. This way, the furnace will most likely last until the next time your air conditioner needs to be replaced.
How many years does a furnace usually last?
THE AVERAGE FURNACE LIFESPAN A well-maintained furnace can last at least 15 to 20 years, but completing annual maintenance and being diligent with repairs can extend its life even longer.
How efficient is a 20 year old furnace?
The U.S. Department of Energy indicates that a 20-year-old furnace wastes at least 22 % of the energy it consumes. Compare that to a new furnace whose AFUE (annual fuel utilization efficiency) rating is 95%, meaning that you only lose half a dollar for every ten dollars’ worth of energy consumed by your furnace.
Can I replace my furnace myself?
Yes, you can. However, there are a number of issues to explore before you make the decision to buy and install a new furnace yourself. With the exception of a few cities and counties with strict installation rules, homeowners around the country are free to purchase and install their own furnace.
How long does it take to install a new furnace?
Furnace installation typically takes about 4-8 hours depending on how complex the job is. Our professionals always strive to make it easy.
What is the most reliable furnace brand?
Here they are, starting with this year’s top rated furnace brand. #1 Heil / ICP Brands. Quality. Warranty. #2 Goodman. Quality. Warranty. #3 Rheem / Ruud. Quality. Warranty. #4 Maytag. Quality. #5 Trane / American Standard. Quality. #6 Carrier / Bryant. Quality. #7 Armstrong / AirEase. Quality. #8 York / Johnson Controls. Quality.
Will a new furnace save me money?
Your New Furnace Will Save on More Than Just Gas Costs If you’re thinking about buying a new furnace, there is more than just gas savings to consider. A new furnace will also save on electric costs by using a more efficient fan motor that will run less since you will heat more efficiently.
How do you know if your furnace is dying?
Aging furnaces often make some strange noises toward the end of their life — banging, popping, rattling, or squealing. Or you may you hear the furnace blower running excessively, turning off and on frequently, or blowing cold air sometimes. These may mean your furnace needs to be replaced.
How big of a furnace do I need for a 2000 sq ft house?
A mid-sized home of 2,000 square feet would need approximately 50,000 to 60,000 Btu to heat it properly. With a less efficient furnace operating at 80 percent efficiency this would require a 60,000- to 72,000-Btu furnace.
How much is a new furnace for a 1200 square-foot home?
Cost of a Furnace for a 1,200 Sq. home is between $700 and $2,200. This assumes you are using an electric unit in zone 2 or another type in zone 4. Having a home in a warmer or colder climate could impact the unit size. Homes of this size need a minimum of 40,000 BTUs and frequently need slightly more.
How efficient is my 40 year old furnace?
How efficient is the average 35-40 year old furnace? 80% at best. Likely lower if it is indeed close to 40 yes old. A lot of savings to be had with a new furnace 95% with a ecm blower motor.
How do you know when you need a new furnace?
8 Telltale Signs Its Time to Replace Your Furnace The Age of Your System. Rising Energy Bills. Excessive Dust, Dirt, Soot or Rust Particles. Home Humidity Problems. Furnace Becomes Unusually Noisy or Develops Rattles, Buzzes or Hums. Furnace Has Visible Signs of Rust or Cracks in or Around System. Frequent Repairs.
Does a furnace lose efficiency over time?
Furnaces often lose their efficiency as they age, especially if they have not been properly maintained. As a result your oil or natural gas furnace may run longer to provide the same amount of heat. This will cause your energy bills to go up.
