Cooler weather is becoming a real possibility in Cedar Rapids, which means one thing: it’s time to schedule your furnace service. However, it may not be that cut and dry if your system is climbing up there in age and has been causing difficulties over the last few years.
Furnace replacement is an investment in your home, like nearly all other home improvement projects are. So how do you know if you should get that new furnace now or just get your annual furnace service completed?
At Ilten's Incorporated, we know that it can be a tough decision to make, so here are a few things to keep in mind if you’re unsure which path to choose.
1. Furnace Age
This is more than likely the biggest factor in to your decision, as furnace technology has improved a lot of things, from energy efficiency to the amount of noise it puts out. If your furnace is more than 12 years old, it may not make sense to put a lot of money in to repairs when you could be setting aside that money towards a new system.
However, the normal 12-15 year lifespan of a furnace doesn’t mean it can’t work well beyond that. If furnace service has been scheduled regularly and it has been well maintained, you may be able to go beyond that 12-15 year average.
2. Cost of replacing vs. servicing/repairing
There are always unique circumstances when it comes to figuring out the cost of replacing versus having furnace service and repairs done, but there are a few things to keep in mind when comparing the two.
- Get a few estimates to ensure you’re getting the best deal.
- Keep track of when your warranty runs out and note what it includes so you’re always saving as much as possible.
- Furnace size will be determined by the size of your home.
- Cost will vary depending on the level of energy efficiency you’re searching for.
- The higher the AFUE rating, the greater the chance for energy savings.
After you figure out the costs of both routes, keep this helpful tip in mind: if your furnace service and repair is going to cost 1/3 or more of the cost of a new furnace and your system is between 12-15 years old, furnace replacement may be the better long-term option.
Of course, these are only a couple of the variables, but the team at Ilten's Incorporated are more than happy to help you decide which furnace is right when replacement becomes imminent. Give us a call at 319-208-3295 to find out what makes sense for both you and your budget.