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What is the Cost of Buying a New Furnace?

What is the Cost of Buying a New Furnace

Check out Welter Heating’s Furnace & Heating Specials

Whether you have a dead furnace that you need to replace, or you’re just starting to think about purchasing a new furnace, it’s important to consider the new furnace cost. New furnace costs can be high, so having a price in mind will help you work this substantial investment into your budget.

The average cost of a new furnace:

About $7,700, with most homeowners in this area spending between $6,000 and $9,000. However, the type of furnace you select will have a big impact on the new furnace cost, so we’ve broken down costs by the type of furnace below.

In order to heat your home efficiently and get the best bang for your buck, it’s important to have a furnace specialist conduct a home visit. The Ray N. Welter Heating Company includes a home analysis in every furnace installation in order to have a clear understanding of every customer’s furnace needs. A home visit will allow the professional to see what kind of infrastructure and ductwork you’re working with. They can help you select a furnace that fits the size and infrastructure of your home. Purchasing a furnace that’s the wrong size for your home, or that’s not compatible with your existing ductwork, could end up adding thousands of dollars to the total cost of your new furnace.

Continue reading to learn how much the most popular types of forced air furnaces cost to purchase and install.

Gas furnaces

Natural gas furnaces cost more to buy and install than electric furnaces. However, they are the most popular type of furnace in the United States due to the relatively low cost of natural gas fuel.

Natural gas furnaces cost:

Between $2,500 and $10,000 dollars to purchase and install. However, be aware that the cost of installation could be higher if you need to add a gas line to your home. Always check to see if natural gas is available at your home before purchasing a gas furnace, especially if you live in a rural area.

Find out which is best: Gas Furnace vs. Electric Furnace – Making the Right Choice.

Electric furnaces

Electric furnaces are the most inexpensive type of furnace to purchase and install. This is because they are relatively small and don’t require special venting, fuel pipes, or storage cells. Since most Americans have electricity in their homes, getting the furnace hooked up to the power grid is a snap.

Electric furnaces cost:

Between $1,000 and $2,500 to purchase and install an electric furnace. However, the cost of electricity tends to be higher than natural gas, so make sure that you consider the total cost of ownership before you buy.

Oil furnaces

Oil furnaces are still available for purchase today but were very popular in mid-century America when oil was cheap.

Oil furnaces cost:

Between $4,000 and $8,000 with average cost of purchase and installation. Keep in mind that these costs could be higher if duct work needs to be adapted.

Propane furnaces

Propane furnaces are common in rural areas that aren’t connected to natural gas lines. Propane furnaces can be very expensive with fuel prices up to three times higher than the price of natural gas.

Propane furnaces typically cost:

$3,000 to $6,000 to purchase and install. However, the cost will be higher if you don’t already have a propane holding tank installed on your property.

Which furnace is best for you? Find out: Pros and Cons for Each Type of Furnace.

Contact us online or call 612-825-6867 today to order the right furnace for you and for prompt, professional installation and repair services.

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What is the Cost of Buying a New Furnace?

What is the Cost of Buying a New Furnace

Check out Welter Heating’s Furnace & Heating Specials

Whether you have a dead furnace that you need to replace, or you’re just starting to think about purchasing a new furnace, it’s important to consider the new furnace cost. New furnace costs can be high, so having a price in mind will help you work this substantial investment into your budget.

The average cost of a new furnace:

About $7,700, with most homeowners in this area spending between $6,000 and $9,000. However, the type of furnace you select will have a big impact on the new furnace cost, so we’ve broken down costs by the type of furnace below.

In order to heat your home efficiently and get the best bang for your buck, it’s important to have a furnace specialist conduct a home visit. The Ray N. Welter Heating Company includes a home analysis in every furnace installation in order to have a clear understanding of every customer’s furnace needs. A home visit will allow the professional to see what kind of infrastructure and ductwork you’re working with. They can help you select a furnace that fits the size and infrastructure of your home. Purchasing a furnace that’s the wrong size for your home, or that’s not compatible with your existing ductwork, could end up adding thousands of dollars to the total cost of your new furnace.

Continue reading to learn how much the most popular types of forced air furnaces cost to purchase and install.

Gas furnaces

Natural gas furnaces cost more to buy and install than electric furnaces. However, they are the most popular type of furnace in the United States due to the relatively low cost of natural gas fuel.

Natural gas furnaces cost:

Between $2,500 and $10,000 dollars to purchase and install. However, be aware that the cost of installation could be higher if you need to add a gas line to your home. Always check to see if natural gas is available at your home before purchasing a gas furnace, especially if you live in a rural area.

Find out which is best: Gas Furnace vs. Electric Furnace – Making the Right Choice.

Electric furnaces

Electric furnaces are the most inexpensive type of furnace to purchase and install. This is because they are relatively small and don’t require special venting, fuel pipes, or storage cells. Since most Americans have electricity in their homes, getting the furnace hooked up to the power grid is a snap.

Electric furnaces cost:

Between $1,000 and $2,500 to purchase and install an electric furnace. However, the cost of electricity tends to be higher than natural gas, so make sure that you consider the total cost of ownership before you buy.

Oil furnaces

Oil furnaces are still available for purchase today but were very popular in mid-century America when oil was cheap.

Oil furnaces cost:

Between $4,000 and $8,000 with average cost of purchase and installation. Keep in mind that these costs could be higher if duct work needs to be adapted.

Propane furnaces

Propane furnaces are common in rural areas that aren’t connected to natural gas lines. Propane furnaces can be very expensive with fuel prices up to three times higher than the price of natural gas.

Propane furnaces typically cost:

$3,000 to $6,000 to purchase and install. However, the cost will be higher if you don’t already have a propane holding tank installed on your property.

Which furnace is best for you? Find out: Pros and Cons for Each Type of Furnace.

Contact us online or call 612-825-6867 today to order the right furnace for you and for prompt, professional installation and repair services.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

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