So sorry to hear that your furnace broke down. What a bummer!
Now comes the hard decision: do you fork out the money for a furnace repair or take the plunge and get a new furnace?
Here are 3 important factors to keep in mind.
You don’t want to sink too much money into a furnace that does not have much time left to live. So compare your furnace’s age to the average lifespan before you make a decision.
The average furnace lives about 15-20 years, according to the National Association of Home Builders.
Here are 2 ways to find out how old your furnace is:
If it’s older than 20 years old, that does not mean you should automatically replace it. 15-20 years is just an average and many furnaces live well beyond that, if properly maintained.
Besides, you also need to keep in mind other factors like...
With the age of your furnace in mind, compare these 2 costs:
To find an accurate cost to repair, make sure you:
The cost to replace depends on:
With that in mind, a new gas furnace could cost you anywhere between $1,100 to $6,000.
Once you have the cost to repair and replace use this rule of thumb: Consider replacing your furnace if it’s two-thirds into its total lifespan AND the cost to repair would cost one-third or more the cost of a new furnace.
For example: Let’s say your furnace is 15 years old and repairing it could cost $800. If the cost to get a new furnace is $2400, then replacing it is your best bet, long-term.
Yes, you. Your situation is the most important factor. There are other issues and situations that are unique to you, including:
Contact Coolray for an estimate on both repairing or replacing the furnace.
If your schedule the online, we cut 10% off the repair and 5% of the replacement cost.
Coolray is your Atlanta-area home comfort expert with specialists in heating, air conditioning, air quality and plumbing. Have more questions? We’d be happy to help – just contact us online.
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