How much does it cost to replace a residential home heating system?

For a full furnace replacement, the average cost ranges from $4,820 to $9,350. This covers the furnace, labor, removal and disposal of the old furnace, plus any other installation or upgrade expenses.

Should I replace or repair my home heating system?

The first factor to consider when deciding whether to repair or replace your home heating system is the age of your system. A furnace has an average lifespan of 15-20 years, so if your furnace is less than 12 years old, repair is probably the best route . If the furnace is older than 12 years, replacing it may be more cost-effective in the long run.

What are the signs that my home heating system is going bad?

A well-maintained furnace will typically last around 20 years. When your furnace reaches about 15 years of age, it’s a good idea to start budgeting for its replacement. You should also be on the lookout for the following signs that the time for a new furnace is coming soon: Loud banging or clanging noises. Foul odors when the heat is running. Rising utility bills even though usage is unchanged. Sudden deterioration in air quality. Inconsistent heating throughout the home.

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