The total cost of your furnace replacement in Markham is primarily based on a few factors such as the type of furnace, the brand, the location in your home, your geographical location, and the labor. Before getting a Markham furnace replacement installed, you might also want consider the cost of removing the old one. Purchasing price of furnaces varies depending on the brand and type of the furnace. An average 80000 BTU gas furnace with 3-ton blower that can be installed in the utility room of a 1,600 to 2,000 square foot house can cost around $600 to $1,400 depending on the brand. Its installation is approximately around $1,800 to $4,000. On the other hand, furnace replacement in Markham that runs on electricity can cost around $400 to $1,200 depending on the brand that you will choose. The installation cost for an electric furnace starts at $1,600 and can go as high as $2,400. An oil furnace is estimated to cost between $1,300 to $2,300 while its installation is estimated to be around $4,600 to $7,000.
Estimated final cost for furnace replacement
| Item | Quantity | Fair Price |
|---|---|---|
| Furnace Cost | 1 Furnace | $1,067.46 |
| Furnace Labor | 5.2 Hours | $328.65 |
| Furnace Job Materials and Supplies | 1 Furnace | $201.28 |
| Furnace Equipment Allowance | $37.84 | |
| Totals - Cost to Install Furnaces - 1 Furnace | $1,635.22 | |
| Average Cost Per Furnace | $1,635.22 |
How can I choose the right furnace replacement in Markham?
You need to consider the climate in your area to determine the BTU of the furnace that you need. Warmer or hotter climates require less BTU while colder regions need furnaces with higher BTU. You also need to consider the size of your house and your insulation.
Is getting a furnace replacement in Markham more cost-effective?
Definitely! Modern furnaces are considered to be more cost-efficient as compared to older units that have an energy loss of up to 30%.
Do modern furnaces in Markham have a longer lifespan?
Modern furnaces have a lifespan of 15 to 25 years.