Furnace Replacement Cost New Furnace Cost. Table of Contents. New Furnace Costs. Gas Furnace Prices. Bay windows are an attractive feature for a house. On the outside they increase curb appeal and can draw the eye towards parts of the house that you may want. Keywords preserving old house, historic house, building, heritage building, historic buidling, heritage buildings, dyi, do it yurself, home improvement. A new furnace costs roughly 3,800 and most homeowners pay between 3,250 4,420. See how to lower your furnace price connect with an HVAC pro. Electric Furnace Prices. Oil Furnace Prices. Furnace Installation Cost Factors. Furnace Replacement. Best Furnace Brands. Furnace Equipment. How much replacement windows should cost. Average costs and comments from CostHelpers team of professional journalists and community of users. Expect to pay an. When To Buy A New Furnace. Furnace Troubleshooting. Furnace Maintenance. DIY Or Hire A Pro Find A Pro. New Furnace Costs. A new furnace cost roughly 3,8. The lowest price that a homeowner might pay is 1,5. Nonetheless, the actual furnace price will depend on a myriad of factors, most importantly, the type of furnace you go with. Electric Furnace Prices. If you want to keep costs down and live in a relatively warm climate, a forced air electric furnace is the way to go. A new electric furnace starts at 3. Electric furnaces are smaller compared to gas or oil and require less maintenance. However, the drawback is that electric furnaces are not as efficient as its competitors and ongoing costs can get high. You can expect your electric bill to rise when you install a new electric furnace. Gas Furnace Prices. If you live in the Midwest or on the East Coast, you most likely have a forced air gas furnace. They can handle the worst of winters and are much more efficient than electric furnaces. Of course, that extra power comes with a cost. A new gas furnace starts at 7. While gas furnaces will certainly keep your utility bills down, the gas furnace cost rises dramatically if you need to install gas lines. This wont matter if youre replacing an existing gas furnace, but if not, expect the installation price to increase due to the addition of new ductwork. Note While most homeowners install natural gas furnaces, you also have the option of using propane. Oil Furnace Prices. Oil furnaces are certainly not as popular as they once were, but theyre still a valuable heating system in certain areas of the country. Oil furnaces let you purchase your heating source all at once versus paying monthly bills. If, for some reason, you have easy access to a lot of oil, an oil furnace may be the way to go. A new oil furnace starts at 1,3. Furnace Installation Cost Factors. Beyond the type of furnace you install, there are other factors that can increase or decrease your new furnace price. Some, such as features and brand, you can control. Other factors, like house size and labor, you cant. Nonetheless, it helps knowing what factors can affect the cost of a new furnace. Size. The size factor works in two ways the size of your furnace and the size of your house. The bigger the furnace, the more expensive your furnace installation cost will be. However, that does not mean you can go out and buy the smallest furnace there is. If your new furnace is too small, there wont be enough heat flowing throughout the home. Likewise, you shouldnt buy the biggest furnace either. If you do, the furnace will overwork, short cycle and rapidly increase your utility bills. Efficiency. Furnace efficiency is measured by AFUE Annual Fuel Utilization Efficiency. It measures how much energy is converted into heat. The higher the AFUE value, the more efficient the furnace is. For example, a furnace with an AFUE of 6. As time goes on, more and more efficient models are coming out. In fact, you can even purchase a high efficiency gas furnace where the AFUE rating is at least 9. Of course, high efficiency models cost more than lower efficient models. Brand. Beside efficiency and size, there are plenty of brands out there ready to sell you your next furnace. Some brands are more prominent than others and as such, cost more than the average. On the other end of the spectrum, there are inexpensive brands as well. Just bear in mind, the cheaper it is, the higher your furnace maintenance and repair costs will be. Inexpensive Furnace Brands. More Expensive Furnace Brands. American Standard. Lennox. Train. Carrier. Ruud. Rheem. Ductwork. We already touched on this earlier, but if your home does not have existing ductwork, your furnace installation cost will rapidly rise. The 3,8. 00 furnace price above assumes ductwork is in place. As400 Print File Font there. If not, expect an additional 1,0. Labor. More often than not, homeowners hire HVAC pros to install or replace a new furnace. However, not all pros cost the same. A furnace pro who has been in the business for 2. More experience generally means more expertise, which, costs more. When it comes to labor, we always recommend you gather at least three or four HVAC quotes from local furnace companies. This way, you can compare prices, personalities and past work. Features. Just like a new car, there are certain features we need and certain features we would like. Well, your new furnace cost will increase or decrease after you decide which features in the latter you decide to add. Whether its a programmable thermostat, variable speed blowers or zoned heating, if you want to keep installation costs down, try to limit those nice to have furnace features. Furnace Replacement. More often than not, furnace replacement will cost less than installing a new furnace in a new home. Since most homeowners fall into the former category, it helps knowing what furnace replacement entails. Below are some of the basic steps, but if you want to hear exactly what is required, please connect with a local HVAC pro. Replace ductwork if necessaryGet permits if necessaryInspect new equipment. Remove old furnace. Inspect ductwork. Install new furnace. Best Furnace Brands. There are hundreds of furnace brands out there ready to sell you your next furnace. However, like any business, there are certain brands that stand out. Whether its their terrific product, great prices or spectacular customer services, the following furnace brands stand out among the rest American Standard. Carrier. Lennox. Bryant. Rheem. Coleman. Trane. Fore a thorough comparison, please see Top Ten Reviews. Furnace Equipment. Not all furnaces were created equal, but many have similar parts. You wont be quizzed on this later, but it helps knowing the parts that come with most furnaces Shut Off Valve As the name implies, the shut off valve stops the flow of gas into the home. In case of emergency, turn the shut off valve into the off position. Pilot Light This ignites the burner. Blower This is the fan that blows warm air throughout the home. Make sure nothing is blocking the blower. Burners The burners house the hot gas before its released throughout the home. Heat Exchanger Where the heat travels through to get to the ducts. Ducts Once the heat makes its way through the exchanger, it enters the ducts, the final spot before its released into the home. When To Buy A New Furnace. When your furnace stops producing heat, its time to replace it. However, there are other, more subtle signs that should tell it you its time to replace your furnace Your Furnace is Old The average life expectancy of a furnace is 1. Your Heating Bill Increased Compare your heating bill to the same month last year. If the weather stayed relatively the same, your bill shouldnt be too far off. If it is, your furnace may not be as efficient as it once was. You Repaired Your Furnace Multiple Times Eventually, it makes economical sense to buy new versus repairing an old model. Your Thermostat Settings are Not Normal More often than not, setting your thermostat to 7. Fahrenheit should accurately heat the home. If your number has changed over the years, its time to replace your furnace, get new windows or add more insulation. Your Furnace Makes Strange Noises The furnace and ductwork should not be loud. If it is, find the source and then contact a heating pro. Furnace Troubleshooting. While the signs above generally indicate that you need a new furnace, there are troubleshooting tips all homeowners should try before jumping to a replacement. Gas Furnace Troubleshooting. First, check the emergency switch and make sure its on. Then, see if the breaker tripped. If so, you just saved hundreds of dollars. If not, check the pilot light and make sure its still lit.