When shopping for a new central heating unit there are a number of variables that will affect the total cost of the project. From the type of heating, to the brand of unit, to how much labor is involved.
Adding up the Costs for Central Heating
Whether you’re purchasing a heating system for a new home, or looking to upgrade an old, failing system, the first step is to examine your budget. Depending on the work done, the costs can add up quickly. To begin with, decide what kind of heating system you want. Is it gas? Oil? Heat pump? Each of these has their own advantages and disadvantages depending on where you live and what utilities are available to you. Generally speaking, they all run about the same per unit, with some minor variation. Expect to pay between 2,000-5,000 dollars for a new unit, no matter the type. Some will run a little less, some slightly more, but that’s a good starting point. Remember that a high efficiency unit can command a premium of one to two-thousand dollars.
The next major factor is your ductwork. If it is possible to utilize the existing ductwork, that is going to save you an immense amount of money. Some ductwork is compatible with certain furnaces and not others. Some ductwork may contain asbestos if your house was built midcentury and a little after. Your installer will let you know beforehand if they can utilize what is available or will have to put in all new ductwork – or any customer venting you want done. Installing new ductwork can run between as little as $4,000 all the way up to $20,000 depending on what needs to be done.
When discussing a new furnace with the installers, be sure to ask about debris and trash removal and if a building permit is needed. Some jurisdictions require a permit, and others do not.
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