Furnace Replacement or Repair? 3 Questions to Help Make an Informed Decision

When your furnace stops working properly, it comes down to the decision of repairing it and replacing it. Although replacing your furnace may seem to make more sense, a few useful tips and information can help you make an informed decision that is right for you. Furthermore, if you choose to install a new gas furnace, there are a few things you need to know to help reduce the stress on your wallet.

How Long Have You Had Your Furnace?

The average life expectancy of a maintained furnace is 25 years. If you have managed to take care of your furnace through routine maintenance and it is still fairly new, repairs are your best bet. A new furnace costs an average of $3,870, which is no small chunk of change.

Rather than throwing your money away at the first sign of furnace trouble, hire a professional to come in and evaluate the problem. There are many reasons why a newer furnace would experience issues, such as improper installation and clog ducts. You could save yourself hundreds to thousands of dollars by investing in the right repairs rather than replacing the furnace.

If the furnace is older, replacement is your best option. Furthermore, an older furnace may not offer the same efficiency as newer model furnaces. Rather than pouring money into your old furnace, ask a professional about the installation of a new, more efficient unit to help save money.

What is Wrong With the Furnace?

Natural gas furnaces have a part known as a heat exchanger. If the heat exchanger is damaged or having problems, it may be worthwhile to invest in a new furnace rather than spending the money on repairs.

Signs that the heat exchanger is damaged includes cracks and holes. Furthermore, if you suspect that there is a carbon monoxide leak in your home, it could indicate that the furnace's heat exchanger has gone bad. If the heat exchanger appears rusted, that could yet be another sign that there is a problem.

The only way to know for sure if there is a problem with the heat exchanger is to hire a professional. Have a professional come in and inspect the unit. If the professional determines that the heat exchanger is the problem, ask to see it so you can make absolute sure. Once you have determined that the heat exchanger is the source of your furnace's troubles, ask about the installation of a new furnace.

What Brand Should You Pick?

Believe it or not, the brand name on your furnace is not as important as the unit's size and the proper installation of the unit. Although some would have you believe that well-known name brands are the way to go, you could be paying more money for nothing more than a name. A lesser-known furnace manufacturer could potentially offer you the same quality unit at a lower price.

Most manufacturers build their furnaces from the same parts. The primary difference in the units is the brand name that is stamped onto them. Choosing the right brand will not help you save money. Instead, evaluate the size of the unit.

Choosing the right sized furnace for your home is important. A furnace that is too small will have to work far too hard to heat your home, which could increase the amount you pay. A furnace that is too large may be too much for your home, which can also prove expensive.

Proper installation of the unit is also important. Improper installation can cause the furnace to malfunction prematurely. Ensure that you hire a professional to help you choose the right unit for your home and to assist you with proper installation to help save you time, money and stress.