How much a new air conditioning, heating, or air filtration system will cost can vary quite a bit depending on a number of factors. These variables generally fall into three categories:
- Lifestyle Factors:
- The health conditions of the home's occupants (allergies, respiratory issues, and sensitivity to surroundings)
- How the inhabitants "feel" comfortable (liking to cooler or warmer temperatures)
- Hobbies and activities occurring inside the house (musical instruments, crafts, wine)
Building and Environmental Factors:
- The number, style, and size of windows present, the direction the home faces, and age of the home
- Type of building, roofing, siding, ductwork, and quantity of insulation present
- Geographic climate, lot size, city regulations and surrounding setting including typical humidity, close-by industries, available land, and codes required
- Utilities desired or available; solar, geothermal, gas, electric, LP, oil
Contractor Risk Factors:
- Contractor licensing, insurance, bonding, and financial stability
- Legality, expertise, and certification level of the employees installing the furnaces and air conditioners
- Satisfaction Guarantees and service level (accessibility and dedication to customer service)
All of these factors and more help to decide the style, size, and level of work necessary to properly heat and cool a home, which usually goes into the cost of the new system.
What Can You Expect to Pay?
Ranch or Smaller Residence
Up to 2000 square feet
1 or 1.5 Story
$40-$250 per month with approved financing, or $6,000 - $15,000
Average Suburban Home
2000-3500 square feet
$100-$500/month with approved financing, or $8,000 - $25,000
3500+ square feet
Various levels or highly custom
$250+ per month with approved financing, or $18,000 - $60,000+
Potential pricing may vary depending on geographic location, personal lifestyle, system settings, equipment maintenance and installation of equipment and duct system.
Due to the fact that every home’s heating and cooling system must be totally custom created and installed, it is very tough for good contractors like Broad Ripple Service Experts to give a specific estimate without understanding all the factors on-site through an in-home comfort analysis. However, we can provide broad ranges of the possible HVAC system price based on the general size of a home that isn’t yet 30 years old. It’s important to note that, even the price ranges above may vary much more, depending on all the factors and circumstances of a particular home and homeowner.
How HVAC Systems Are Priced by the Manufacturer (MSRP)
Central heating and cooling systems are similar to vehicle classes. Systems usually fall into broad (and sometimes inaccurate) ranges of "economy", "mid-level", and "premium". However, because every homeowner is unique, each new heating and cooling system is manually installed, and because of all the prior factors we discussed, the process and ultimate pricing of a heating and cooling system could be compared to picking vehicle "Options."
Home Comfort Options
Home comfort Options include size and efficiency, in addition to air quality control, such as the efficiency of air cleaners and air filters. Air quality control systems are essential for homeowners with infants and children, people in the home with allergy or respiratory problems, or climate control issues that need humidification controls. Thermostat controls are also an important part of the home comfort puzzle, and a large selection of mobile and Wi-Fi options now exist.
Other home comfort choices include adding the recommended amount of insulation or redesigning, correcting, and cleaning ductwork to make sure the system performs efficiently. Some selections can be bought as a set, but many of these choices must be figured out through a complete Home Comfort Analysis, which is a free service we offer.
All of these options must be considered very carefully, since the best air conditioner or furnace will never correctly control the comfort of the home if the duct work, attic insulation, or air filter is deficient for the home and its inhabitants. To read more or get your free Home Comfort Analysis, which includes your individualized new system estimate, call 317-527-0271 now, or download our free eBook "Home Heating and Air Conditioning for Dummies".