“How much longer will my furnace last?” is a question that many homeowners ask their heating and cooling contractors; and for a good reason. Having to replace a furnace can be a significant investment in your home. So, you may be wanting to wait for as long as possible before replacing it because it still runs, despite its advanced age. Here are a few reasons to consider why you should opt for a furnace replacement sooner rather than later for your St. Albert home. If your furnace is nearing retirement, give us a call for an estimate on a new one.
Energy efficiency standards have changed over the years and this has changed the way furnaces are built today. Modern furnaces will often have a longer lifespan than those built several years ago. It also depends on how well the furnace was maintained. Furnaces do not last forever. Most have a lifespan of between 15-30 years. However, the longevity of your furnace depends on a few factors:
As your furnace nears the end of its lifespan, you can expect to spend more on repairs as major components begin to fail. Because of the age of your furnace, these repairs are no longer covered under its manufacturer’s warranty. The frequency of repairs will only continue to increase. If your furnace is just entering into this downward spiral of repairs and is over 15 years old, your money is better spent on a furnace replacement.
An older furnace may need to work harder to heat your home properly, and this means higher heating costs. If your heating bills continually go up month after month, it is time for a furnace replacement. Today’s furnaces are much more energy-efficient than those manufactured ten or more years ago. You will start saving on your heating bills from the first day your new furnace is installed in your home.
Do you plan to sell your home in the near future? Most homebuyers prefer to buy homes that do not require many repairs right after purchase. An old furnace can be a deal killer or cause a potential buyer to make a lower offer on your home.
If you are trying to decide when to upgrade your furnace, the cost to replace it will not break the bank! We have financing options available to help with the initial cost and you will save money on monthly heating bills. For your St. Albert area home, A-1 Heating & Cooling is the company to call for your furnace replacement and all your HVAC maintenance and repair needs. Get in touch with us to discuss your furnace model options.