Are you planning to get a new HVAC system? Read about Average Cost of a New HVAC System below.
An HVAC system is an integrated device with multiple functions. It regulates temperature, humidity, and clean air entering a home or building. They’re the reason your entire house is in harmony after entering it.
However, you must know some factors before getting an AC unit. One of these is the average cost of a new HVAC system. After all, it’s an essential home investment, costing thousands of dollars.
Fortunately, we made a guide about the average cost of a new HVAC system. Keep reading to learn what to expect and avoid getting overpriced quotes.
Average Cost of an HVAC System
The average cost of a new HVAC system ranges from $5,000 to $10,000. It includes a new central air conditioner unit and a new gas furnace. However, it all depends on your desired type of HVAC system.
A split system is the most common residential HVAC system. It has two main units split for heating and cooling. It can cost from $7,500 to $10,000.
On the other hand, packaged systems are the less-preferred HVAC system. These types come with packed parts you can install outdoors. The HVAC installation cost will range between $10,000 and $14,000.
Factors That Affect the Cost of an HVAC System
The average cost of HVAC installation has various factors affecting the final price. The most common ones include size, brand, and efficiency. Here are some other features you might encounter when shopping around for an HVAC system:
The price of an HVAC system varies from one location to another. These places have different climates. It affects the right equipment for the system to cater to your heating and cooling needs.
A household located in the south will need a better AC unit. Meanwhile, northern houses require better furnaces for heating.
The ductwork is an essential part of the HVAC system since it delivers safe, conditioned air. However, the ductwork slowly loses its efficiency, making a replacement necessary. The cost of new ductwork is between $1,200 and $4,200, depending on its condition.
How to Calculate the Cost of a New HVAC System
There are three things to consider when calculating a fair HVAC price. The first in the list is the necessary size for every piece of equipment involved.
After that, think about the labor cost of the entire installation process. Your last priority is the contractor’s profit margin since it’s typically at 40% to cover all expenses. However, keep a note to have HVAC maintenance services check on it regularly.
Understand the Cost of an HVAC System Now
We hope this guide helped you understand the cost of a new HVAC system. Install an HVAC system today and enjoy the benefits.
However, your learning won’t stop here. You need to look for the best HVAC installation company in your area. They matter more since it determines the system’s quality in the long run.
Do you have another home related-question? Check out our other content and find the best solution soon.