New Gas Furnace Cost in 2020: Replacement vs. Repair Costs – Buying Guide

Furnaces remain the most common way for homeowners in North America to heat their homes. This buying guide has all the research and information needed to help you understand your gas furnace options, so you can make a buying decision you’ll be happy with for the next 15-20 years.

The focus is on gas furnaces, since most furnaces are fueled by natural gas (NG) or, with a simple gas valve change, liquid propane (LP). However, for comparison, we also briefly discuss oil furnaces.

New Gas Furnace Installation Cost

On average, you can expect to pay between $3,500 and $5,500 to install a mid-range gas furnace in a typical house. With replacements, the removal of the old furnace will add an additional $500 to the cost of installation.

When efficiency, size and performance are factored into the equation, expect the following unit pricing tears:

  • Basic: $750 to $1,550
  • Better: $1,100 to $2,350
  • Best: $1,850 to $2,900

Furnace installation costs are based on the complexity of the furnace, sheet metal work required to connect it to the existing ductwork, and how difficult it is to access the installation location such as a crawlspace or attic. Expect estimates for the installation work in these ranges:

  • Basic installation: $1,400 to $2,400
  • Mid-range installation: $1,750 to $2,900
  • High-end installation: $2,000 to $3,500

Gas Furnace Installation Cost Only (Not including the cost of the unit being installed)

Reasons to Get a New Furnace

New Gas furnace and Duct Work

via Holliday Heating

If you are in an exploratory mode and wondering if a new furnace is the right move, here are the top seven reasons to buy a new furnace:

  • Repair costs on an existing furnace are 50% or more of the cost of a new furnace (33% for a furnace 12-15 years old; 25% of a furnace that is 15+)
  • You’re staying put – the longer you plan to live in your current home, the more it makes sense to put the money into new equipment (and conversely, if moving soon, repairing the furnace might make more sense)
  • It’s a preemptive move – your furnace is running, but you don’t know for how long due to age and/or past repair issues (worth considering where winters are harsh!)
  • Your gas bills are rising because the furnace is losing efficiency due to age (though you might want to have it cleaned and maintained to see if it significantly improves efficiency before deciding whether to replace it)
  • You want to improve efficiency
  • You want to upgrade climate control
  • You’ve built a home or addition that needs heating

Furnace repair vs. replacement:

Some of you may have heard from an HVAC contractor that it is time for a new furnace, and perhaps you think the contractor is trying to sell you something you might not need.

Skepticism is healthy in the repair vs. replace discussion when it is informed skepticism. Here’s a secret: HVAC contractors often make more money with a both/and approach. Repair it now; replace it later.

Charlie Greer is a seasoned HVAC contractor who owns a website called HVAC Profit Boosters with the motto, “Helping plumbing, HVAC, and electrical contractors become millionaires every day.” That tells you whose side he’s on. Speaking to HVAC contractors, Greer says:

Repair vs. Replace scenarios are tricky, because, once you bring up the topic of replacing the customer’s equipment, you stand the risk of the customer deciding to get bids, meaning that you could wind up getting neither the repair nor the replacement sale. In the long run, you make more money when they (homeowners) opt for the repair anyway. You get one repair now, possibly a few more down the road, then a higher price (due to inflation) when they ultimately replace it in the future.

Greer’s advice might be great for HVAC contractors, but not for homeowners. The bottom line is that if an HVAC contractor recommends replacing your furnace rather than repairing it, the person might be giving you sound advice, especially if the rationale involves some of the reasons from the above list.

Pro Tip: Make sure your HVAC contractor pulls a permit to install the new furnace, and that the job is properly inspected following the installation.

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Top 10 Gas Furnaces Delivering the Best Value: Costs by Model Installed

A great value gas furnace must be above average in quality and reliability, while also being priced competitively to make our list.

Low-quality, cheap gas furnaces don’t offer the best value because they don’t last long enough to justify the installation expense in the first place. Low quality furnaces are also more prone to breaking down in the middle of a nasty stretch of cold weather.

Value = good quality + reasonable cost

Your climate suitability for a particular model and the quality of the installation job also play an important role in the overall value you get.

Top 10 Gas Furnaces that Deliver the Best Value for the Money

  1. Day & Night G96VTN QuietComfort 96
  2. Trane S9X1
  3. Goodman GMVC96
  4. Payne 95 PG95ESA
  5. Armstrong Air A951E
  6. Goodman GMSS92
  7. Carrier Comfort 92 59SC2
  8. Day & Night N80ESN Performance 80
  9. Rheem Classic Series R801C/R801S
  10. Trane S8X1

That’s our list – and each model is reviewed below including cost, efficiency, performance, warranty and why it makes our list.

Before those reviews, we cover information about what makes for a good value gas furnace, installation costs, the cost of ductwork, if you need it, and other relevant information.

If you’d rather jump to the furnaces, select the Day & Night furnace that heads the list, and you’ll be taken directly to the reviews.

Gas Furnace Installation Cost – Warrantied Professional Installation/Labor

The professional installation part of your bill will be about $2,600 on average, if your installation is of average difficulty.

The range is from about $1,500 for a very simple installation (not including the furnace) in new construction (not including the cost of duct-work) to about $4,000 (not including the furnace) for more involved jobs where the gas line needs replacing and/or other variables come into play, requiring more materials and warrantied professional labor. A high-end, touchscreen, WiFi thermostat can also boost the cost of the overall job with a price tag of $500 or more.

Here’s a gas furnace installation cost breakdown showing where your money typically goes:

Gas Furnace Installation Cost Only (Not including the cost of the unit being installed)

The plenum connects the furnace to the hot air ducts. The return connects the furnace to the cold air return ducts.

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Top 50 Bathroom Design Ideas & Costs: Smart Bathroom Designs

When focusing on your home’s interior design, bathrooms are often overlooked and neglected spaces. Reclaiming your lavatory as a stylish space that fits well with the rest of the house not only increases the value and enjoyment of your home, but it can also turn a functional space into your personal sanctuary.

Read on to learn how to spice up your bathroom space for functional, visual, and sensual enjoyment!

To help you navigate this list, it’s broken into the following categories:

Style
Features
Elements
Colors
Lighting
Tiles

Style:

1. Asian-Inspired

Asian designs are minimalist and serene. Open layouts and flowing design incorporate natural elements such as wood and bamboo, stone, natural light, accented with oriental indoor décor.

Japanese bath house inspired bathroom via Right Arm Construction

The above project makes a normal-sized bathroom seem very spacious and lush. It incorporates a skylight to create a sense of natural light shining onto the waterfall that is your bathroom. With the skylight already in place, it’s all about wrapping bathroom walls and the tub with natural wood. It’s a simple design, but it’s not trivial and requires masterful work to complete. Estimated cost of this minimalist bathroom design and remodel is $20,000 to $30,000.

With Asian-inspired bathrooms, minimalist design doesn’t mean small. The project below is a great example of a spacious, oriental style bathroom where walls become curved, showers transform into waterfalls, and stone motifs make you feel as though you’re in a garden.

via Steuart Gray

Steuart Gray: This projected consisted of redesigning a small bedroom next to a master bedroom into a master bedroom bath and connecting to the master bedroom, creating a large master bedroom suite.

This is a major remodeling project with an estimated cost of $75,000 to $125,000.

2. Spa-Inspired

Spa-inspired bathrooms bring the feel of being on vacation to your home. The design is modern, yet tranquil and luxurious. It turns the bathroom into a place of escape and rejuvenation.

via The Schimberg Group

The above project features His-and-her vanities resting opposite of each each other in this luxurious master bath with a spacious walk-in shower and freestanding soaking tub that overlook the ocean. An adjoining makeup vanity and cushioned seating area add to the elegant design.

The cost of this entire project is not for the faint of heart, and is estimated at between $100,000 to $200,000, depending on the initial setup and the amount of work required. But the concept can be replicated for significantly less money. The central element of this design is the freestanding soaking tub overlooking the ocean, something that can be realized for a lot less.

3. French Country Style Luxury

French designs are luxurious with modern elements. This style often incorporates modern comforts and richness coupled with marble, wood vanities, and crystal chandeliers. Think glamorous dressing areas and beautiful, stylish, and curvy free standing bath tub, often placed within an open layout.

via Peter_visual / Getty Images

Features:

4. Open Space

Credits: Willman Interiors

Regardless of the style, open space is the key feature of modern bathrooms.

5. Large Showers

Large, open-framed showers with waterfall or multi-showerheads are another key element of modern design.

6. Large Free-standing Tubs

Built-in tubs with jets are being replaced with large, free standing tubs such as a hammock-shaped, bowl-shaped, vessel-shaped, or Japanese soaking tubs. Image Credit: Splinter Works

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