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Old 01-07-2009, 09:34 AM
 
Location: Cincinnati, Ohio
1,410 posts, read 3,489,194 times
Reputation: 385

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Sure it can be a selling point but so can a new kitchen, a new deck, a new porch. Depends on what the buyer is looking for. Since i dont plan on being in the house for a long time a new furnace doesnt make sense for me.

G Rizzle
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Old 01-07-2009, 12:12 PM
 
13,730 posts, read 22,900,214 times
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Quote:
Originally Posted by gman5431 View Post
Sure it can be a selling point but so can a new kitchen, a new deck, a new porch. Depends on what the buyer is looking for. Since i dont plan on being in the house for a long time a new furnace doesnt make sense for me.
But the next owner will offer less for a house with an outdated heating system. The real question is whether you want to put in a new system and enjoy it for the several years you live there or if you will be doing it for the new owners.
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Old 01-08-2009, 09:14 AM
 
Location: Cincinnati, Ohio
1,410 posts, read 3,489,194 times
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I guess thats one way to look at it. An outdated furnace doesnt necessarily drop the value of your home and you dont necessarily have to give into the next owners. It may be a deal breaker for a potential sell but it doesnt drop the value of the home itself.

G Rizzle
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Old 01-11-2009, 10:29 AM
 
205 posts, read 806,983 times
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Quote:
Originally Posted by gman5431 View Post
I guess thats one way to look at it. An outdated furnace doesnt necessarily drop the value of your home and you dont necessarily have to give into the next owners. It may be a deal breaker for a potential sell but it doesnt drop the value of the home itself.

G Rizzle
It shouldn't affect the appraised value but it could affect the market value a little if a buyer is sharp enough to realize that he may be looking at a fairly large expense in the future.

The only way I'd put one in to satisfy buyers would be to negotiate the price and pay it off the HUD.
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Old 01-11-2009, 10:07 PM
 
62 posts, read 270,581 times
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Default They must know I'm not from around here...

Wow -- I can't believe the prices everyone is quoting. We've got a 37-year old Bryant that still works great (but is sending probably close to 45-50% of our energy bill right up the chimney).

I've gotten quotes from (2) HVAC installers -- one for a top-of-the-line Trane ($12,750!) and the other for a top-of-the-line Bryant ($8,000).

They must know I'm originally from New Jersey
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Old 04-28-2009, 08:49 PM
 
Location: Cincinnati
4 posts, read 13,644 times
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So, i got some quotes too for an older home, but neither commented on the duct work. Jersey, is that what your quote included?
Anyone else?
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Old 04-29-2009, 10:47 PM
 
62 posts, read 270,581 times
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^ @jpnut: Nope -- no duct work: we've already got that in place. Actually, the company that quoted the less expensive Bryant quote did include the price of altering the size/shape of the plenum to improve air flow.

The reason for the price difference is probably because we have central air -- so the prices I got include the furnace, the a/c, an air cleaner, and a new humidifier.

Still a whole lot of money. And you know what? Knock on wood, the old Bryant is still steaming away like a tank! They built them to last back then -- not like now, when things have a planned obsolescence...
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Old 01-15-2010, 04:48 PM
 
Location: Chicago
2 posts, read 17,691 times
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Default Furnace Prices In Chicago

In Chicago, the average price for a furnace installation (an 80% efficient) will run anywhere between $1800 and $2200 depending on the size and the quality of the furnace installer. Hope that helps.
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Old 01-15-2010, 04:57 PM
 
Location: Chicago
2 posts, read 17,691 times
Reputation: 10
By the way, I'm the owner of a heating and cooling company in Chicago. [url=http://www.chicago-heating-repair.com]Chicago Furnace Repair | Heating Repair Chicago | Chicago Heating and Cooling Repair | Chicago Heating and Air Conditioning Repair[/url]

Last edited by Chicago Heating; 01-15-2010 at 04:59 PM.. Reason: printed wrong
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Old 01-16-2010, 06:12 AM
 
Location: Mason, OH
9,259 posts, read 13,395,175 times
Reputation: 1920
You only mentioned the furnance, and did not state what type, natural gas, etc. Assuming it is forced air, consider a heat pump, giving you both heat and central cooling. It will go above $2,000, but if you plan to be there awhile, at least be comfortable. And I believe if you chose a higher efficiency one there is still a tax break, straight off the top whether you itemize or not, to be had.
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