Barry Klatt

403-271-0600
Barry Klatt
Office:403-271-0600
Fax:403-476-5236

Why Sign Up?

  • Save your Listing Searches
  • Email Alerts on new Listings
  • See new listings sooner
  • Tag your Favourites for later

Already A Member?

How to buy a furnace

 

Many people buy their first furnace without even realizing it. They buy a house with their furnace already installed. Many people buy their second furnace with the same amount of thought -- they open their phone book and call the first HVAC (Heating, Ventilation and Air Conditioning) contractor on the list. This strategy is likely to net you a furnace that will keep your house warm. But you are also likely to spend hundreds, if not thousands of dollars more than necessary.

Are you paying the best price for your furnace?

There are several ways to reduce the cost of purchasing and installing a new furnace.

Encourage several HVAC contractors to compete for your business. However, keep in mind that you rarely want to make your decision based on up-front price alone. Choosing a reputable HVAC contractor is as important in determining your overall satisfaction and cost as choosing an appropriate furnace.

Many public and private entities in the US and Canada offer rebates and financing incentives for the purchase of a furnace. Make sure you find out whether your purchase qualifies.

How do you choose the most appropriate furnace?

Savvy furnace shoppers generally consider several criteria:

  1. Is your furnace correctly sized?
  2. Are you buying an appropriately efficient furnace?
  3. Are you getting the best price for your furnace?

Is your furnace correctly sized?

 

An oversized furnace -- one whose capacity is too large -- costs more to operate than a correctly sized furnace. This is because oversized furnaces cycle on and off too often -- and cycling on and off is more expensive (and less energy efficient) than running consistently for a long time.

The only way to know if your furnace is correctly sized is for your HVAC contractor to do a load calculation. A load calculation takes into account the size of your house, the insulation value of your windows, the amount of insulation in your walls and roof, and a host of other criteria to determine the appropriate furnace capacity.


Ask your HVAC contractor if s/he performed a load calculation before you accept the furnace they recommend. If you are replacing an old furnace (as opposed to buying a furnace for new construction) some contractors may argue that you should simply buy a furnace that's as large as your previous furnace -- but this assumes that the previous contractor selected an appropriately sized furnace. Request that they perform a load calculation, and find another contractor if they refuse.

Is the efficiency of your furnace appropriate for your house?

High efficiency furnaces typically cost more to install than low-efficiency furnaces. However, they tend to cost less to operate on a month to month basis as they use less fuel to generate the same amount of heat. The amount of time it takes for the ongoing efficiency savings to offset the higher up-front costs is known as the "payoff period". In many cases, once you take the payoff period into account, high-efficiency furnaces are cheaper than low-efficiency furnaces.

However, that's not always the case. Your 90% efficient furnace will cost you more than your 80% efficient furnace if you move to a new house within the payoff period. And depending on which furnace you choose, the payoff period may be surprising long! You need to consider a number of factors such as your climate, how long you plan to own your home, and whether rebates for a high-efficiency furnace are available.


Source: http://www.furnacecompare.com/buying_a_furnace.html

Read full post
Categories:   2013 real estate | alberta | alberta e | alberta economy | alberta economy, edmonton alberta, university of alberta, | auburn bay | barry klatt | best my nest | best time to sell or buy house | black friday in Canada | buying houses | ca | calg | calgary | calgary buy sell | calgary census | calgary condo for sale | calgary flood | calgary flooding | calgary luxury home market | calgary luxury real estate | calgary m | calgary mls | calgary mls listings | calgary real estate | calgary real estate market | calgary real estate s | calgary real estate statistics | calgary real estate, commercial real estate alberta, alberta real estate market | calgary rental market | calgary resale market | calgary sales expectations | calgary schools | calgary stampede | calgary statistics | calgary top realtor | calgary vacancy | calgary walkability | calgary youtube video | canada economy | canadian spending | celebrations around the world | christmas spending | cir | cir calgary | cir rea | cir real estate | CIR Realty | cleaning tips | costa rica real estate | cranston | creb | diy home | diy projects | driveway repair | earth | economic forecast | edmonton economy | Facebook | finance | financial times | first time | first time home buyer | first time home buyers | fix up home to sell | for rent calgary | foreclosures | halloween | heritage homes | high river flood | holiday | home buyers | home buying | home buying mistakes | home buying tips, home reno, furnace buying, real estate investment | home design | home improvement | home prices | home ren | home renovations | home repair | home sellers | Home tips | Home tips and advice | homes for sale | hoome renovation | house safety | housing market | how realtors help | how to save | investmen | investment real estate | jeff kahane law | legal advice | legal contracts | live in alberta | lowe's | mahogany | mark zuckerberg | market trends | memorial drive | mexico real estate | mls | mls listings | mls listings canada | mls sales | mold in the home | money talks | monthly newsletter | mortgage rates | mortgage tips | new developments | news | october 31 | phone app key | pothole | properties | rbc mortgages | real estate | real estate 2013 | real estate after flood | real estate canada, mls listings, residential real estate, alberta real estate, cir realty | real estate deals | real estate developers | real estate invest | real estate listings | real estate market | real estate market canada | real estate new year | realtor | renovation insurance | revenue property | saskatchewan economy | selling houses | single family house prices | smart investment | Social media facebook | south hospital | southeast calgary | southeast ring road | spring clean | storage ideas | tax refund | technology | top producer | toronto real estate | united states real estate | united states real estate foreclosure | vacation home | vacation rental | vancouver real estate | world | world economy | ymca strong kids | your finance
Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.