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how much are furnaces for homes

by Madelyn Runolfsdottir Published 3 years ago Updated 2 years ago
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The average cost of a new furnace ranges from $2,000 to $7,000 with most homeowners paying around $3,900. Furnace prices may vary depending on factors like brand, cost of installation, and size of your home. Your new or replacement furnace cost will also differ based on the type of furnace you choose.

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.

Full Answer

What is the best rated furnace?

Top 10 Furnace Brands

  1. American Standard – Our Best Overall Furnace Brand. American Standard is one of the biggest names in heating and cooling products. ...
  2. Lennox – Most-Efficient Furnaces. Lennox ’s Signature Collection SLP99V variable-capacity gas furnace is the most efficient product on the market, with a 99% AFUE rating.
  3. Bryant – Quietest Furnaces. ...

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When should I replace my furnace?

Warning Signs: When you may need to replace your furnace

  • 16-20 years: The average life expectancy of a furnace
  • Energy bills going up
  • Furnace repairs: furnace incurs most breakdowns in last two years
  • Thermostat not keeping you comfortable
  • Strange noises

How much does it cost to buy a new furnace?

The average cost of a new furnace ranges from $2,000 to $7,000 with most homeowners paying around $3,900. Furnace prices may vary depending on factors like brand, cost of installation, and size of your home. Your new or replacement furnace cost will also differ based on the type of furnace you choose.

What is the average cost of a furnace?

The average cost of a furnace unit is typically in the $1200 – $3000 range depending on the brand, model, and efficiency rating. Note however that distributors and manufacturers do not generally sell furnaces directly to consumers.

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How much should it cost to install a furnace?

But the average cost per unit can range anywhere from $2,672 - $6,575. The national average is $4,820 - $9,350 for a full furnace installation. This includes the furnace itself, labor fees, ductwork, removal, and disposal of the old furnace, as well as other installation costs or upgrades included.

How much is a new gas furnace for a 2000 square-foot home?

The national average cost for installing a gas furnace in a 2,000 sq. ft. home is $4,000 to $8,000, with most people paying around $6,000 for a high-efficiency gas furnace installed with minor modifications to update the vent and drain.

How much is a furnace for a 1500 square-foot house?

between $2,990 and $4,360The average cost to replace a gas furnace in a 1500-square-foot house is between $2,990 and $4,360. For a standard-efficiency gas furnace, a 60,000-80,000 BTU model is the best choice.

How much is a gas furnace for a 1200 square-foot house?

between $700 and $2,200Cost 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.

Should I replace my 25 year old furnace?

The methods used by HVAC professionals to properly install and vent furnaces have even changed in the last couple of decades. So, if you're asking yourself if you should replace your 25-year-old furnace, the answer is a resounding yes!

How long does a furnace usually last?

15 to 20 yearsTHE 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 long does it take to install a furnace?

about four to 10 hoursOn average, it takes about four to 10 hours to wrap up a furnace install, depending on the type and size of the unit. As expected, a larger, more complex model will take more time and effort than a standard unit. A brand-new furnace is an important investment for any homeowner.

When should I replace my gas furnace?

6 Signs It's Time to Replace the Old Furnace In Your HomeYour Furnace Is Between 15 – 30 Years Old.Furnace is Producing Loud Noises During Standard Operation. ... Temperature Fluctuations Throughout the Home.Soot is Collecting Near the Furnace Register.High Energy Bills & Furnace Repair Costs.More items...•

Does a new furnace save money?

If you upgrade to a high-efficiency furnace that's 95% efficient, that translates to about $22.50 a month in savings (15% of $150) when your furnace is in use.

Should I replace a 40 year old furnace?

Most furnaces have a lifespan of 20 to 30 years. However, this doesn't mean you can wait that long to replace yours. After about 15 years or so, you may need to consider a furnace replacement if your unit has been experiencing significant problems and requiring frequent repairs.

What is the best gas furnace on the market today?

Best Furnace BrandsDaikin Furnaces.Goodman Gas Furnaces.Lennox Furnace Units.Rheem Furnaces.Ruud Furnace Units.Trane Gas Furnaces.York Furnace Units.HEIL Gas Furnaces.More items...

How big of a furnace do I need for a 1500 sq ft house?

between 45,000 to 90,000 BTUsA 1,500-square-foot home will require between 45,000 to 90,000 BTUs. A 1,800-square-foot home will require between 55,000 to 110,000 BTUs. A 2,100-square-foot home will require between 65,000 to 125,000 BTUs. A 2,400-square-foot home will require between 75,000 to 145,000 BTUs.

How many BTUs do I need to heat 1500 square feet?

between 45,000 to 90,000 BTUsA 1,500-square-foot home will require between 45,000 to 90,000 BTUs. A 1,800-square-foot home will require between 55,000 to 110,000 BTUs. A 2,100-square-foot home will require between 65,000 to 125,000 BTUs.

What is the most reliable furnace brand?

Best Furnace BrandsAmerican Standard Furnaces.Amana Gas Furnaces.Bryant Furnaces.Carrier Furnace Units.Daikin Furnaces.Goodman Gas Furnaces.Lennox Furnace Units.Rheem Furnaces.More items...

Is a high efficiency furnace worth the cost?

There are many reasons why high-efficiency furnaces are worth the money. High-efficiency furnaces cost more at first, but you will see significant savings in utility bills and an increase in your home's comfort. A high-efficiency gas furnace is often called a condensing furnace.

How do furnaces work?

A fuel source burns and generates heat, which warms the heat exchanger by passing through it. The air is then heated by blowing over the heat excha...

What are other heating alternatives to furnaces?

Replacing your furnace with a heat pump is the best alternative to heating your home. A heat pump is much more efficient than a furnace and can rep...

Why is my energy bill so expensive?

Your energy bill could increase for a number of reasons. If you have a gas or oil furnace, you should call your energy supplier to ensure there isn...

Are furnaces bad for the environment?

Furnaces that use fossil fuels can have a negative impact on the environment over time. However, purchasing a furnace with a high efficiency rating...

What’s the best furnace energy efficiency rating?

High-efficiency natural gas furnaces have ratings up to 98.5%. This is the most impressive AFUE rating on the market.

Does my home warranty cover my furnace?

Many home warranty plans cover repairs or replacements on your furnace or heating system. Not only do home warranties help with the unexpected cost...

Can I DIY a furnace installation?

No. No matter how handy you are with tools, installing a new furnace is a task best left up to the pros, particularly if you are dealing with natur...

Can I get a tax credit with a new furnace?

It’s possible, depending on the type of furnace you purchase. In general, homeowners can get a tax credit if they make any improvements to their ho...

Should I convert my oil furnace to natural gas?

It can be pricey to convert your furnace’s energy source due to the amount of work that’s involved for installation. It might save you money in the...

How much does a furnace cost?

A high-efficiency furnace costs $1,000 to $5,000 on average without installation or 50% to 100% more, depending on the size, fuel type, and AFUE rating. In comparison, a standard 80% energy-efficient furnace (80-AFUE) costs $600 to $3,600 on average. A higher AFUE lowers fuel costs.

How much does it cost to replace a furnace?

A furnace replacement costs $2,000 to $5,400 on average for a new home furnace and installation labor. A gas furnace replacement costs $3,300 to $6,900 for a high-efficiency heating system. New furnace prices depend on the system size, efficiency, brand, fuel type, and install labor.

What size furnace do I need?

Average homes from 1,600 to 2,600 square feet need a 40,000- to 130,000-BTU furnace.

How much does it cost to install a propane furnace?

A propane furnace costs $2,200 to $5,700 to install on average, depending on the brand, size, and efficiency rating. Propane furnaces are common in rural areas and last 15 to 20 years.

How much does a furnace inspection cost?

Furnace inspections and permits cost $250 to $1,500, depending on the furnace size, fuel source, location, and job type. Replacing a furnace without a permit is illegal. Installers should pull the permits.

How long is a furnace warranty?

Furnace manufacturers' warranties are typically 5 to 12 years for the main components and 20 years for the heat exchanger.

How long does it take to install a furnace?

Replacing or installing a new furnace takes 4 to 18 hours on average, depending on the fuel type, size, and complexity. Extra time applies for modifying ductwork, electrical, or gas lines, adding vents or zoning, or retrofitting a larger furnace.

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Results

Cost

  • The national average cost of a standard efficiency natural gas furnace ranges from $2,150 to $5,900 with most homeowners paying around $3,100. The price may vary based on brand, complexity of install, and the efficiency of the new unit. A new furnace costs between $800 and $1,500 for professional installation. It should be done in one day and is us...
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Performance

  • Any new furnace is going to be more efficient and quieter than your current old one because of the improved technology in use and EPA guidelines. Furnace efficiency ratings are in percentages, with newer models receiving a rating of 90 to 95 percent which results in lower utility costs. Fuel efficiency in a gas furnace is measured in AFUE (Annual Fuel Utilization Efficiency)how much he…
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Benefits

  • The highest AFUE will generate the highest savings, but also consider the blower motor technology in furnaces youre considering. High-efficiency furnaces AFUE starts at 90% and uses blower motor technologyused to circulate the warm and cold air in your home. This uses up less electricity to power the furnace.
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Examples

  • Most online load calculators will factor in which climate zone you are in to give you the most accurate BTU number for your home, but they dont factor in your homes insulation or other factors mentioned in #1#3 above. Keep in mind that a customized calculation by a furnace installation professional who has been out to your home will give the most accurate/effective ca…
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Preparation

  • Especially if you live in an older home, youll need to have your contractor assess your current ductwork to see if it is wide enough and insulated enough to support your new furnace. He/she will calculate the heat each room needs and add or deduct points for large windows, room vents, and airflow. Then he/she will check the main ducts and transition points in your walls, basement…
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Use

  • Some older, fan-assisted, noncondensing furnaces and boilers vent horizontally through a plastic pipe which has since been recalled and must be replaced. Horizontal ventilation can also mean there isnt enough draft and youll need to install an additional draft-inducing fan. Floor furnace vents also might need to be replaced, and older chimneys will have to be adjusted until they are …
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Risks

  • Even if you fork out for a brand-new, state-of-the-art furnace, your house wont necessarily heat up as much as you want it to if your home and furnace arent kept in optimal condition.
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Credits

  • Tax credits - Gas furnaces that are ENERGY STAR certified (except those for U.S. South only) meet the requirements for the furnace tax credit. Gas and oil furnaces that have earned the ENERGY STAR include fans that meet the AFUE >= 95 requirements of the fan tax credit.
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