How Much Does Furnace Replacement Cost?

Furnace Replacement Cost – Replacing your current furnace and buying a new one can be pricey, and spending countless hours researching different brands and their prices can be discouraging.

Different Types of Furnaces

There are many different brands and types of furnaces you can choose from to keep your home warm. Looking into each and every one might take you hours and hours – and will often make you feel overwhelmed. It’s important to note that furnace prices can vary greatly depending on several important factors, including but not limited to the furnace size, type and brand.

If you have a big house, you will need to buy a larger furnace that has the ability to keep your home warm. Usually, the rule of the thumb is – the bigger the furnace, higher the Furnace Replacement Cost.

Furnace Replacement Cost

Here are some examples of furnace costs you might encounter when buying a new furnace. Please keep in mind, these are average prices that should serve you only as a guideline.

An average gas floor furnace will cost you around $950 – $1600. The installation is usually an additional $1,000 – $2,000.
A self-contained gas wall furnace that provides hot air directly to the surrounding space ranges from $500 – $1,500. This price depends largely on the furnace capacity and energy efficiency. Installation is also additional and can cost you about $1,000 – $2,000.

Some additional costs:

  • Some local governments require a fire inspection that costs around $50 – $75 before you can replace your old furnace.
  • Replacing your old furnace with a high-efficiency new one can also require installing a chimney liner.
  • In older homes, the duct-work sometimes might contain asbestos, which will bring an additional financial burden because you have to pay for asbestos removal.

Reputable, professional and experienced HVAC contractors will help you understand the whole process and will keep you as involved as you want to be. To help keep the Furnace Replacement Cost down, some of them will be open to give out discounts so don’t be afraid to negotiate.

Replacing your old and buying a new furnace can be very expensive, and even the smallest discount can improve your bottom line. To get pricing in your are from reliable HVAC contractors, fill out the form below.