Furnace Replacement Costs

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Cost of Furnace Replacement

Homeowners choose to replace their furnaces for various reasons, whether they're seeking a more energy-efficient and cost-effective unit, the cost of repair isn’t worth it, or their old furnace has simply reached the end of its lifespan. However, having to go through the process of replacing a furnace can be daunting for many, as they often believe it will come with an excessively high price tag. While the cost of some furnaces can seem high, there are numerous furnace options available in Chicago to suit different budgets. While the initial furnace replacement cost may seem steep, investing in a new furnace can be worthwhile. Modern furnace models are designed to last close to 20 years, if not longer, as long as proper furnace maintenance and timely furnace repairs are performed, ensuring long-term reliability and savings.

At Four Seasons Heating, Air Conditioning, Plumbing, and Electric, we understand that choosing to replace your furnace is an important decision to make, especially in the face of Chicago's unforgiving winters. That's why we're here to provide you with specific information on the cost of furnace replacement and to assist you in making the best decision for your home. With over 50 years of experience, 24-hour emergency furnace repair services, and personalized customer care, we are dedicated to keeping your family comfortable during Chicago’s colder months. Whether you need furnace repair, maintenance, or a new unit, our experienced and knowledgeable team is ready to help you weather the winter with confidence, and transparency when it comes to the cost of furnace replacement and other services we provide.

If you are searching for the best furnace replacement company in Chicago near you, contact Four Seasons Heating & Cooling at 866-444-2404 for a consultation.

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2025 Furnace Replacement Cost

Not all furnace replacements will cost the same, therefore when researching how much does a furnace replacement cost, it is difficult to give an exact price point for every home. The total cost of furnace replacement can vary depending on several factors. Each home and situation is unique, which means the cost of replacing a furnace will vary based on the unique needs and wants of each homeowner we work with. Understanding what affects the cost of furnace replacement can help homeowners get a better idea of what to budget for, and our team at Four Seasons is here to guide you through the process, ensuring you find the best solution for your needs and budget.

Cost Breakdown for Furnace Replacement

To give our clients a clearer picture of what furnace replacement will cost, we've created a cost breakdown that outlines the most important factors involved in replacing a furnace in Chicago. This way, you'll know exactly what to expect and can make informed decisions about your heating system, as well as know what to budget for.

Brand of Furnace You Choose

The brand of furnace you choose will typically have the biggest impact on the overall cost of your furnace replacement. The choice of brand influences not only the upfront expense but also the long-term performance and energy efficiency of your heating system. Choosing an energy-efficient furnace will help save on monthly utility costs. Additionally, opting for a reputable furnace brand that will last for 15 or more years, such as Lennox, Elite, or Merit, ensures reliability, energy savings, and overall satisfaction with your investment. When considering the cost of replacing a furnace in Chicago, homeowners need to factor in aspects like durability, warranty coverage, and ongoing energy costs. By choosing a reliable furnace brand with a good warranty, you're investing in comfort and peace of mind for years to come. Before making a decision, consult with one of our experienced furnace technicians to determine which brand is best suited for your home and needs.

Size of Your Home/Furnace

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The size of your home will impact the size of the furnace needed to properly heat it, therefore it will play an important part in determining the cost of furnace replacement in Chicago. Larger homes will require larger furnaces, which are typically more expensive to replace than smaller ones. The size of the furnace you're going to replace the old one with must match the heating needs of your home to ensure it works efficiently and allows the home to be properly heated. When you are considering replacing your furnace and trying to create a budget, keep in mind that the overall cost will vary depending on the size of the unit needed to effectively heat your home.

Present Ductwork in Your Home

When calculating the cost to replace a furnace, it's essential to consider more than just the cost of the unit and labor. The condition of your existing ductwork will also directly impact the cost of furnace replacement in Chicago. If your ductwork is in good shape, it could simplify the installation process and potentially reduce overall costs due to not needing any ductwork repair or replacement. However, if the ductwork in your home needs to be repaired or replaced, this will add to the total expense.

Similarly, if the existing ductwork is compatible, you may be able to install a new gas furnace and use the existing ductwork.

The condition and compatibility of your ductwork with your new unit are key factors that can influence the overall furnace replacement cost, especially if modifications are required to make sure your new furnace operates correctly and efficiently.

Labor Costs

Labor costs are also a component that needs to be considered when budgeting for the cost of furnace replacement and should not be overlooked. The complexity of your home's heating system can significantly impact the time required for installation, with more intricate setups and replacements leading to higher labor costs. Additionally, HVAC contractors with many years of experience may charge more for their services due to their vast knowledge and experience handling difficult furnace replacements, but this investment is well worth it. Hiring experienced furnace replacement professionals, like our team at Four Seasons, helps prevent future issues, ensuring that your new furnace is installed correctly and safely. However, opting for a less experienced company or handyman could lead to problems with the unit or even safety hazards, especially when dealing with complex ductwork and gas furnaces.

Furnace Warranty

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The warranty you choose for your new furnace can also contribute to the overall cost of furnace replacement. While opting for a longer warranty may increase the upfront price, it also offers significant benefits in the long run. A comprehensive furnace warranty that lasts for more than a few years can provide homeowners with peace of mind, especially if their furnace needs repairs or unexpectedly breaks down and needs to be replaced again. Investing in a solid warranty ensures that you’re protected against the potential for replacement or repair costs, making it a wise choice for homeowners looking to safeguard their investment.

Additional Furnace Replacement Cost Factors

There are a few more additional factors to consider when creating a budget for the cost of furnace replacement, as these small things can add to the overall cost. Replacing items like thermostats, air filters, and humidifiers is often essential for ensuring your new furnace operates efficiently and meets your home's heating needs. Upgrading or replacing these components during the installation of your new furnace can enhance the system's performance but will also increase the total expense. Factoring in these additional costs is important for creating a comprehensive understanding of what your furnace replacement will entail.

Types of Furnaces We Can Install

At Four Seasons, we have the ability to install a range of furnace brands and models to suit various needs and preferences. We install three main types of furnaces, each uniquely designed to deliver reliable heating and efficiency for your home, depending upon what your needs and preferences are. Our team can help you choose the best type based on your home’s specific requirements and ensure that it integrates seamlessly with your existing ventilation and ductwork system. Whether you're looking for something highly efficient or tailored to particular home conditions, we have the experience to guide you through the selection and installation process.

  • Natural Gas Furnace - The most common type for homes, natural gas furnaces connect to the local municipal gas line and use central air ducts to distribute heat throughout the home. Gas jets ignite to produce hot combustion gases that warm the air, which is then circulated through the ducts to provide heat throughout the home. Natural gas furnaces are often the most affordable option due to natural gas typically being cheaper than oil or electricity.

  • Oil Furnace - For homes without access to natural gas, oil furnaces are a beneficial alternative. These systems are designed to turn oil into heat and are especially prevalent in cold climates, such as the northeastern United States. Although not as energy-efficient as gas furnaces, oil furnaces still provide effective heating throughout your home.

  • Electric Furnace - If a natural gas line is unavailable, and you don’t want an oil furnace,  an electric furnace is another suitable option. These furnaces use electric heating elements to warm the air, which is then pushed through the ductwork and distributed throughout the house. Electric furnaces are typically less expensive to purchase and install, and they are compact enough to fit into smaller spaces, unlike gas or oil furnaces. However, they tend to be less energy-efficient compared to gas or oil furnaces, and they cost more to operate in the long run due to electricity typically costing more than natural gas, making them ideal for situations with limited options.

Contact an Experienced Furnace Replacement Company Near You

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If you are searching for the best furnace replacement company in Chicago near you, contact Four Seasons Heating & Cooling at 866-444-2404 for a consultation.

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