Cooler weather is becoming a realistic possibility in Gresham, which means one thing: it’s time to arrange for your furnace service. However, it may not be that cut and dry 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 buy that new furnace now or just get your annual furnace service completed?
At Honke Heating & AC, we know that it can be a hard decision to make, so here are a few pointers to keep in mind if you’re uncertain which path to choose.
1. Furnace Age
This is most likely the biggest factor in to your decision, as furnace technology has improved quite a few 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 applying that money towards a new system.
However, the normal 12-15 year lifecycle of a furnace doesn’t mean it can’t run well beyond that. If furnace service has been routine and it has been well 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 identifying the cost of replacing versus having furnace service and repairs done, but there are a couple things to keep in mind when comparing the two.
- Get a couple estimates to ensure 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 figured out 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 figure out the costs of both options, 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 choice.
Of course, these are only a few of the variables, but the team at Honke Heating & AC are more than happy to help you decide which furnace is right when replacement becomes necessary. Give us a call at 503-663-8033 to find out what makes sense for both you and your budget.