All About Furnace Replacement: Cost and When to Do It

Depending on where you live and the climate, your furnace may be the most vital item in your home. In addition to providing the fundamental warmth you and your family require to remain comfortable and even secure throughout the winter, However, because it is typically a massive and intricate piece of machinery, it is both expensive to repair and even more expensive to replace completely in most cases.

Furnaces are built to survive for many years, but they will eventually wear out after a decade or two of use.

How Do I Determine When to Replace My Furnace?

Ideally, you want to replace your furnace before it fully fails. This is a scenario that may easily occur in the dead of winter, leaving you without a means of heating your home. Rather than that, maintain a tight eye on the operation of your furnace, both in terms of efficiency and expense.
Here are several indicators that it may be time to consider a replacement.

• The furnace requires periodic repairs, which get more expensive as time passes.
• The furnace is emitting strange sounds, such as buzzing or rattling.
• The furnace is emitted dust, soot, or rust, particularly near the register.
• The furnace becomes more erratic in its operation.
• The heat exchanger has developed a crack.
• You’re not using it as regularly as you used to, yet your heating expenditures are soaring.
• Your home is unevenly heated, with some rooms being warmer than others.
• Around the furnace, you notice rust, cracks, or corrosion.
• You notice that the humidity level in your home is increasing.

Several of these warning flags may simply suggest the need for repair or maintenance. However, as they accumulate at the end of the appliance’s life, they can be indicators that it’s time to completely replace the furnace. A qualified HVAC professional will be able to determine whether or not a replacement is necessary, and you can always seek a second opinion from another provider to ascertain accuracy.

How Much Does It Cost to Replace a Furnace?

Consider the entire process when estimating furnace replacement costs: the new furnace, installation, removal and disposal of the old furnace, any required construction licenses or fees, and any necessary upgrades to your existing HVAC system. Obviously, a new furnace is a significant expenditure.

The typical cost of replacing a furnace in its entirety, including materials, equipment, and labor, is $5,500. The average cost, according to HomeAdvisor, is between $2,572 and $6,221, depending on the kind and size of the furnace. The following is a breakdown of the costs associated with furnace replacement per type.