One of the worst things to happen in the dead of winter is for your heating to stop working. Ordering a heating repair is a great option, but how do you know if your furnace needs repairing or replacing? Below are a few signs for both options.
Modern-day furnaces can last fifteen to twenty years if properly maintained. Over the course of its lifespan, certain parts may need to be replaced.
Furnaces are made of many complex parts, and if one fails, it may be expensive to replace. For a single gas valve replacement, or possibly a two-stage gas valve, it can cost upwards of $600 to replace. For modulating gas valves, they can cost over $1,000 to replace. In an instance like this, you may consider replacing your furnace, instead of repairing it.
Another instance is heat exchangers. With a warranty, the price is a manageable $1,500 to $2,000. Without a warranty, the prices can skyrocket to $3,500. New furnaces can range from anywhere between $3,000 and $7,500. Replacing one part of your furnace could cost half as much as the more expensive furnaces.
In cases where your furnace repair is overly expensive, it may be in your best interest to buy a new furnace altogether. For instances where a part of your furnace is a manageable price to repair, keep your furnace and purchase the heating repair instead.
.
