Cooler weather is becoming a real possibility in Keokuk, which means one thing: it’s time to schedule your furnace service. However, it may not be that clear cut if your system is beginning to get 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 spring for that new furnace now or just get your annual furnace service done?
At WM J Kraus & Son, we know that it can be a difficult decision to make, so here are a few tidbits to keep in mind if you’re not sure which way to choose.
1. Furnace Age
This is probably the biggest factor in to your decision, as furnace technology has improved a number of things, from energy efficiency to the amount of noise it puts out. If your equipment is more than 12 years old, it may not make sense to put a lot of money in to repairs when you could be applying that money towards a new system.
However, the typical 12-15 year lifecycle of a furnace doesn’t mean it can’t operate well beyond that. If furnace service has been scheduled regularly and it has been correctly maintained, you could 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 determining the cost of replacing versus having furnace service and repairs done, but there are a number of things to keep in mind when comparing the two.
- Get a couple estimates to make certain you’re getting the best deal.
- Keep track of when your warranty is up and note what it covers so you’re always saving as much as possible.
- Furnace size will be determined by the size of your home.
- Cost will differ 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 determine the costs of both choices, 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 solution.
Of course, these are only a small number of the variables, but the team at WM J Kraus & Son are more than happy to help you decide which furnace is right when replacement becomes necessary. Give us a call at 319-229-2318 to find out what makes sense for both you and your budget.