When your furnace starts acting up, deciding between repair and replacement can be a tough call. To make the best choice for your home and budget, consider these factors:
Cost of Repairs: If the cost of repairing your furnace exceeds 50% of the price of a new unit, replacement is usually the smarter choice. Repairs on older units often only provide a temporary fix, while a new furnace offers long-term reliability.
Frequency of Repairs: A furnace that requires frequent service is likely nearing the end of its lifespan. Constant repairs add up and might not be worth the investment. Keeping a record of repair costs can help you determine if a replacement is more economical.
Efficiency: Older furnaces are less energy-efficient, which means higher energy bills. Upgrading to a modern, energy-efficient model can save you money in the long run by reducing energy consumption while providing better heating performance.
Safety Concerns: Issues like carbon monoxide leaks or a cracked heat exchanger pose serious risks and warrant immediate replacement. Regular maintenance can help identify these hazards early, but older units are more prone to safety issues.
Your Long-Term Plans: If you plan to stay in your home for many years, investing in a new furnace can provide better comfort and peace of mind. If you’re planning to sell soon, a new furnace can also increase your home’s resale value.
Consult with the experts at RK Air Systems to evaluate your furnace and determine the best solution for your home. Whether it’s a repair or a replacement, we’ve got you covered.
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