Keeping your home comfortable should be a priority, regardless of the season. Hence, a fully-functional and efficient HVAC system is necessary as it can keep your home cool in the summer and warm in the winter. But what happens if your old furnace and air conditioner break down? Make sure you find out how much it costs to replace a furnace and air conditioner so that you know if and how you can afford it.
Read through this guide to learn the different factors that affect the replacement cost of your HVAC system in Canada.
An HVAC system refers to your home's heating, ventilation, and air conditioning systems. Since many components are involved, you can understand why it can cost a hefty amount to replace or install.
Several factors can influence the quoted price for the HVAC replacement. But first, let's look at the numbers so you can know how much you can expect to pay.
Based on the table above, the national average HVAC replacement cost in Canada is $4,995. The price can go up or down depending on factors like your location (city or province), the HVAC unit's model, the unit's size, etc.
The cost of replacing a furnace and air conditioner in Canada will depend mainly on the system you need to be installed. For example, the system replacement cost will vary if you were to install a furnace and central air conditioning unit instead of a boiler and a ductless heat pump.
It's essential to break down each of these factors to understand how HVAC specialists determine the cost.
The labor cost is one of the primary factors that will impact how much you have to pay for a new furnace and air conditioner. Two factors have the highest influence on pricing: 1) size and placement of the system, and 2) cost of installation.
You need an HVAC specialist to replace and install your furnace and air conditioner. An HVAC system must be custom-fitted for your home. They will consider the size of your home and the weather conditions where you live. At the same time, they will also be responsible for sizing the ducts correctly to maximize air circulation within your home. If not sized properly, your HVAC could significantly increase your utility bills. A professional can properly fit your home with the correctly sized system, which helps you avoid unnecessary expenses in the long run.
An air conditioner is essential for homes in Canada, especially during the hot summer months. There are many types and models of air conditioners on the market. Here is a breakdown of the most common systems available and the expected costs for each.
The cost of replacing your air conditioner in Canada will depend on which system you choose to install. Make sure you also consider the cost of repairs and maintenance for your chosen system.
A furnace is a type of heating system designed to maintain the temperature inside your home during the winter. It is available in various systems, like air conditioners, at varying costs.
Several factors come into play when HVAC specialists give you a quote on your furnace replacement. Here are some of these factors:
Location can also influence the cost of replacing and installing your furnace. For example, the average furnace replacement cost in Ontario is $2,500 to $6,300. The prices of furnace replacement within Ontario can also vary by city. The cost in Ottawa starts at $3,300, which is higher than in Toronto, which starts at $2,500.
If you need to replace your furnace and air conditioner, shop around. Ask various HVAC specialists for a quote. They will ask you for basic details such as the size of your home, location, and the type of HVAC system you want to be installed. Most specialists are willing to give you a quote before you agree to a contract, so use this opportunity to shop around and determine the best fit for your budget and needs.
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