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Mar 9, 2024 · How Much Does an Oil Furnace Cost? An oil furnace typically costs between $5,000 and $7,000, with some high-efficiency models reaching up to $10,000. For those considering a replacement, the average cost is similar to other furnace types and ranges from $3,500 to $6,000.
- Furnace Pricing Guide: How Much a Furnace Costs in 2024
Furnace Prices by Fuel Type. Note that these prices include...
- Furnace Pricing Guide: How Much a Furnace Costs in 2024
Generally, high-quality furnaces from reputable brands tend to last the longest. With proper maintenance, a well-built furnace can last up to 20-25 years or even more.
- Factors Impacting Furnace Prices in Canada
- Furnace Prices by Size & BTU Output
- Furnace Prices by Efficiency
- Furnace Prices by Fuel Type
- Furnace Installation Cost & Other Important Factors
- Adding It All Up
- In Summary
The prices we talk about in this article are just a general estimate. Every home and installation is different. Like any home improvement project, various factors can impact the final price. Local furnace companies that are licensed and experienced can help you understand the following factors that affect furnace prices in Canada: 1. Size of your h...
Furnace sizewill depend on the square footage of your house, the layout (e.g. townhouse/townhome, semi-detached, fully detached, bungalow, etc.), your climate, insulation, and how new your home is. An HVAC specialist can give you an accurate sizing estimate. The chart below shows exampleprices (just a guideline!) for a new forced air gas furnace (i...
Annual Fuel Utilization Efficiency is the energy efficiency rating of a furnace. More efficient furnaces will cost more, but they’ll also save more on energy bills. AFUE used to be more important, but now the Canadian government has mandated a minimum efficiency rating of 95% in most cases (with certain limited exceptions). As such, all new high-ef...
Note that these prices include a typical installation. 1. Natural Gas Furnaces– $4,000 – $6,500+ 2. Propane Furnaces– $5,000 – $7,500+ (typically in more rural areas, which increases average costs) 3. Electric Furnaces– $3,000 – $5,500+ 4. Oil Furnaces– $3,000 – $5,500+ Learn more about converting from oil or electric to propane or natural gas.
Installation & Labour Cost
Labour and installation usually cost around $1000 – $1200+. This is just a general estimate, of course. Why so much? Installation costs cover hours of labour from the main technician and possibly a helper, as well as built-in costs like business expenses, staff, office/warehouse lease, company insurance, licensing, vehicles and gas, and beyond. Related Article: The Truth About Furnace (and A/C) Pricing– by Simon Bernath, founder of FurnacePrices.ca
Factors That Can Affect Installation Cost
For a more accurate estimate about furnace installation costs, request a quote from a local company. Here are just a few things that can affect the installation cost of a new furnace, usually due to the additional parts and labour needed: 1. Location of the furnace– e.g. is it easily accessible versus in a crawlspace? 2. Venting upgrades– older furnaces tended to be larger than newer models, meaning you’ll have to retrofit the existing ductwork, e.g. the plenum (the ductwork connecting to the...
Expect to pay about $3000 – $3500 at the minimum for a new furnace, including installation. For a high-efficiency furnace with at least two stages, most homeowners in Canada will pay an average of $4000 to $6500+. Prices can stretch as high as $8000+ if it’s a top-of-the-line furnace, if it’s a complex installation (or conversion from, say, oil to ...
Ultimately, expect to pay between $4,000 and $6,500 on average for a new furnace in Canada, but don’t forget about the many factors affecting the final price. We can do our best to provide estimates and price guidelines, but every home and situation is different, so the best thing to do is get an estimate from an experienced and established local H...
May 15, 2024 · In addition to the oil-burning furnace itself, there are a number of necessary components for installing an oil furnace: Oil Tank Installation: If age or other circumstances necessitate you to replace your old oil tank, you ought to estimate between $1,000 and $2,500 CAD. The price includes the tank and the installation labor. Ductwork ...
How much does it cost to replace a furnace? The cost of replacing a furnace varies greatly, and depends on the type of furnace you are having removed and fitted, your home, and any ductwork that ...
Gas furnace installation prices can range between approximately $2,900 and $6,400, with an average price of $3,900, including your new equipment, materials and labour.The exact cost of a new gas furnace installation will depend on several factors including the design of the furnace, the square footage and layout of your home, as well as the condition of your home’s existing insulation and ...
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Apr 25, 2023 · The average furnace cost in Ontario, including installation, varies from $4,000–$6,500+. This sum may be lower or higher depending on the following factors. Home Size. A bigger space will require a furnace with a higher BTU. Add 30 BTUs for every square foot of your apartment. AFUE Rate.
