When you call for a furnace repair, the technician may suggest that you consider replacement over just fixing this problem. While your first thought goes straight to cost, there are other things to consider when you make the decision. Before you say yes or now, take some time to look into all of the options.
Consult with More Than One Company
When you find yourself in need of a furnace repair, you may not want to take the time to call more than one company. If it is in the dead of winter, you are probably even less motivated to get a second opinion. However, the opinion of one professional should be valued. When you hear the exact same thing from another, the original recommendation is confirmed.
Check to see which local companies offer a free estimate on both furnace repair and installation. You can take advantage of these opportunities and feel confident in whichever decision you make. It is important that you feel like you are making the right choice.
Take the Cost Into Consideration
At some point, if the cost of the furnace repair is close to the replacement cost, you might as well go with a completely new unit. In the long run, this is going to be the better decision. With new equipment you can be sure that you will not be running into similar problems any time in the near future.
Again, talk to the professionals. Most will not mind writing up an estimate on a new system versus fixing the old one. It will give you a clear picture of the exact difference between the two. Most of the time, furnaces will last around fifteen years. If you are approaching that timeline, a replacement is going to be the obvious choice.
Are You Staying in the Home?
This concept is a little more complicated but it should be considered. If you are planning to stay in the home for the next several years, you may want to go ahead with the replacement. It is like an investment into your home and your future. On the other hand, if you are not going to stay there much longer, you may want to just get it working enough to last you for a while.
It is not that you want to leave a major furnace repair for the future homeowner. However you decision needs to be based on what is best for you and you budget. In some cases, even if you are going to be moving out soon, a replacement may be necessary to maintain the value of the home. In this case, speak with your real estate agent to learn more.
The concept of repairs versus replacement is not always as simple as it might seem. Don't be rushed into a decision. Take your time and figure out what is going to be best.
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