2023 Home Depot Furnace Installation, Cost, Pros & Cons

Typical Cost To Install New Furnace Average: $4,360 - $7,450
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When looking for a new and affordable house furnace, consider looking at Home Depot furnace options.

It’s one of the top choices due to its convenience, reputation, and installation services warranty.

Home Depot makes it simple to choose an appropriate unit and schedule a consultation.

To get started on installing a new furnace, contact your local HVAC pros for FREE ESTIMATES!

How Much Does A Furnace Cost At Home Depot?

Average Costs For:
Most Homeowners Spent Between: Most People Spent: $4,160 - $5,730
Low End
$3,970
Average
$4,720
High End
$6,490

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The average cost for a furnace installation can range from $3,840 to $5,250.

The price will depend on the furnace’s location and type, as well as the size of your home.

There are four kinds of furnaces: natural gas, propane gas, oil, and electric.

A gas furnace, for example, generally costs $1,750, and the average installation cost is $3300.

Hence, a new furnace with its installation will cost around $5,050.

This includes the unit, ductwork, removal and disposal of the old furnace, labor fees, and other installation costs.

The prices for natural gas furnaces depend on their heat energy and efficiency levels.

Furnace Type Avarage Unit Cost Avarage Installation Cost Total
Natural Gas Furnace Installation $1,750 $3,450 $5,200
Propane Gas Furnace Installation $1,990 $3,450 $5,440
Oil Furnace Installation $2,300 $3,750 $6,050
Electric Furnace Installation $900 $2,850 $3,750

To accurately select a furnace, you need to know the square feet the system has to cover. The bigger the surface, the more expensive the system will be.

For homes of 2,000 square feet, the gas furnace will have to be 60,000 – 90,000+ BTU, depending on heat loss, insulation level of your home, and average winter temperatures..

The average cost for a 70,000 BTU system from Home Depot is $1,700 to $2,500 for a 96% AFUE 2-stage furnace. Your project will be approximately $4,500 to $5,300, estimating an average installation cost of $3,800.

Houses over 3,500 square feet will require some of the most powerful heaters. A 110,000 or 140,000+ BTU furnace is recommended.

At Home Depot, the cost of a furnace of 110,000 or 150,000 BTU is, on average, $3,000. When you add the average installation cost of $3,800, your project will be approximately $6,800.

Typical Cost To Install New Furnace Average: $4,360 - $7,450
See costs in your area

Home Depot Furnace Cost Breakdown

Installation costs are complicated to estimate as every house is different.

A specialist must evaluate how much work needs to be done before informing of the cost.

Here are some of the factors specialists consider when assessing a furnace installation cost:

  • Required labor. Removing an old furnace and installing a new one is at least a two-person task. The hourly rate of a licensed furnace installer is between $50 and $100. If your project requires an extra person, it will elevate the cost to at least $50 per hour.
  • Furnace location. The type of residence also has its own price range. For example, installing a furnace in a small house costs between $950 and $2,200. The installation cost will be similar in an apartment or a mobile home, between $900 and $2,400. A cottage gas furnace installation will cost between $1,600 and $4,400. The installation price on a big house will cost between $3,800 and $7,500.
  • Geographic location. Material costs and labor have different prices depending on your geographic location. For example, a furnace installation in Seattle will cost between $2,400 and $5,800. In New York, fees range between $3,400 and $6,300.
  • Gas line installation. If you’re replacing your old gas furnace with a new one, it probably won’t be necessary to work on the existing line. A new gas line will have to be installed if you add a new home furnace.
  • New ductwork installation. The new system can be integrated into the existing ductwork when replacing an old furnace. However, the design needs to be compatible. If the specialist needs to install new ductwork, the cost will depend on the number of house stories and the intake and output vents. This kind of project may cost between $1,400 and $6,500.
  • Old furnace disposal. Many installation companies offer the disposal of the old furnace free of charge. In other cases, this may cost between $50 and $450, depending on your area. Environmental and dumping fees may also increase the costs.
  • Permits. When installing a new furnace, a permit is almost always required. Proceeding without those specific municipal permits may lead to fines and additional costs. Homeowners will have to pay approximately $200-$350 for a building permit for a new furnace installation.

Home Depot Gas Furnace Prices

At Home Depot, you’ll find various gas furnaces varying in heat energy and cost efficiency.

When choosing a gas furnace for your home, the primary information is the square feet the system has to cover and its efficiency level.

Some of Home Depot top seller gas furnaces include:

Winchester Furnace

The Winchester brand has different models depending on their heat (BTU) and efficiency (AFUE) levels:

  • A gas furnace with 40,000 BTU and 95% AFUE costs $1,920. This system is single-stage, meaning you can set the temperature to fully on or off.
  • A Winchester 60,000 BTU single-stage with 95% efficiency costs $2,067.
  • A 120,000 BTU furnace is recommended for large residences. This model is single-stage, 96% AFUE. The price for a gas furnace of this caliber is $3,776.

Did you know? You can easily calculate the heat energy (BTU) you need for your home. A basic rule for furnace size calculation is that a furnace takes 30 BTUs for every 1,000 square feet of the house. If you have a 1,000 square feet house, you’ll need a unit with a 30,000 BTU output.

Royalton Furnace

Royalton offers different models with great features at competitive prices.

Compared to other brands, their efficiency levels are good but not the best available in the market:

  • The 80G1 series is a 44,000 BTU system with 80% AFUE. The price for this furnace is $1,500.
  • A Royalton furnace with 88,000 BTU and 80% AFUE (annual fuel utilization efficiency) costs $1,777. An additional kit allows you to convert the unit from natural gas to propane. The price is $1,776.
  • The Royalton 110,000 BTU is an excellent choice for homes over 3,000 square feet. This furnace is single-stage with 80% AFUE. The price for this model is $2,042.

Carrier and Rheem Furnaces

Home Depot sells Carrier and Rheem furnaces only with installation service.

You must schedule a free in-home consultation if you are interested in any of these brands.

Homeowners must contact Home Depot for prices.

Typical Cost To Install New Furnace Average: $4,360 - $7,450
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Why Does It Cost So Much To Install A Furnace?

Installing a new furnace in your home or replacing an old one is a necessary investment to keep your home warm.

However, the elevated installation costs are due to various reasons:

Long-Term Investment

Furnaces are designed to last up to 15 years, and nearly a decade will pass before you need to repair your equipment due to a malfunction.

This means that the elevated upfront cost will be paid off many years before an issue with a furnace occurs.

Complicated Components and Parts

Furnaces are complex equipment, and every house is a different scenario.

While installing a furnace in your home, even a professional technician must navigate through certain complications to achieve the perfect compatibility between your furnace and house.

Variable Considerations

The installation costs depend on many factors, including the type and size of the residence.

It’s more expensive to install a new furnace than replace an old one.

Additionally, you’ll have the labor costs.

Furnace installation is not a quick service.

Professionals must remove and dispose of the old furnace before setting up the new one.

The ductwork of your house will also need to be thoroughly checked.

A professional will invest several days in completing your project if the ductwork needs to be repaired or replaced.

Did you know? Gas furnaces convert natural gas into heat. AFUE (Annual Fuel Utilization Efficiency) measures the system’s efficiency. You’ll find the AFUE level with a percentage number in product specifications. The higher the AFUE, the lower the costs.



Forced Hot Air Furnace Costs
Low End
$3,300 - $3,900
Mid Range
$4,000 - $4,500
High Efficiency
$4,500 - $5,200

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Pros

  • Fewer repair costs. You won’t have to worry about repair costs when installing a new furnace system. It’s under warranty for at least a couple of years and can last 15 years without repairs and replacements.
  • Lower electricity bills. When a furnace ages, it begins cycling on and off, working harder to keep your home temperature levels, causing an increase in your bills. Your expenses will lower and keep steady for many years when you replace your old furnace.
  • Improved comfort levels. New equipment produces even heating and controls the humidity levels, providing a consistent temperature in your home.
  • Environmentally friendly. New gas furnace systems utilize one-third less fuel, preserving natural resources and reducing the carbon footprint.
  • Less noise. As furnace systems age, they start shaking and rattling, producing excessive noise. New equipment comes with sound-absorbing materials that will make its functioning unnoticeable.
  • Rebates and incentives. Those homeowners with furnaces with AFUE (Annual Fuel Efficiency) of 95% or higher can apply for a yearly tax credit of $150. For further information, you can call your local utility company to enquire about current promotions and rebates.

Cons

  • Sizable investment. Replacing a furnace requires a costly investment. In addition to the cost of the equipment, you’ll have to deal with high installation costs. A new furnace has little impact on your property’s value. It usually ranges from 35% to 50% of the upgrade cost, which is not a high return on investment.
  • Long installation process. The installation of a new furnace will take at least two days. This means you’ll have to make time to be at home during the installation process.
  • Relatively short lifespan. Gas furnace systems have a shorter lifespan compared to electric models. Specialists recommend upgrading a gas furnace system approximately every 15 years. In the case of electric furnaces, their lifespan is 20 to 30 years.
  • Potential risks. Gas furnaces present a more significant risk to household members. Because of their design, a gas furnace may cause fires, carbon monoxide poisoning, and even explosions. To avoid unnecessary risks, a specialist must install the system.

Pro Tip: The high installation cost of a furnace system makes it understandable for some homeowners to try and do the installation themselves. Some municipalities require permits for this kind of project, which must be done by a licensed professional. This means, legally, a homeowner can’t do the installation without the potential risk of fines and costly fees.

Typical Cost To Install New Furnace Average: $4,360 - $7,450
See costs in your area

Home Depot Furnace Installation Reviews

When deciding on an installation service to hire, customer reviews are essential to assess the company’s reputation.

Home Depot furnace installation reviews are varied.

A significant number of happy customers comment on the excellent service they received.

Most positive reviews highlight how the installation was done effectively, safely, and on schedule.

Unhappy customers, on the other hand, comment about different issues presented during the installation process.

Some customers mention that the scheduling system should be improved, as on occasion, it takes a long time to get an appointment.

In a few cases, the negative reviews are due to Home Depot outsourcing its installation services.

Upon encountering an installation problem, a customer has to call Home Depot, who then contacts the hired installation company. This leaves the customer caught in the middle of the situation and, sometimes, a delay in resolving the problem.

Home Depot Furnace Installation Warranty

One of the main reasons Home Depot installation service is one of the top choices is the warranty.

Every furnace installation has a one-year warranty.

Every service provider hired by Home Depot to take care of service installations is a vetted, insured, and licensed professional.

Additionally, the repair and maintenance services provide a 90-day warranty.

Did you know? The degree of efficiency and comfort of your furnace vary between three-stage or burner types. A single-stage furnace is either fully on or entirely off. This provides less consistent temperature and the least efficiency levels.

A two-stage, also called a dual-stage furnace, allows you to set the temperature on high or low.

The low temperatures keep the house warm with fewer energy expenses.

The most efficient kind of furnace has a modulation burner.

This system allows you to set the temperature to any level between off and high.



Forced Hot Air Furnace Costs
Low End
$3,300 - $3,900
Mid Range
$4,000 - $4,500
High Efficiency
$4,500 - $5,200

See costs in your area Start Here - Enter Your Zip Code



Home Depot Installation vs Bryant

Bryant is an installation company with over 80 years of experience in the industry.

Installation service through Bryant’s provides a 100% service guarantee.

his means the technician will only consider the project completed after you’re completely satisfied.

Once you’ve scheduled a consultation, a technician will visit your house and assess the situation.

They are qualified to provide excellent advice on the best system to buy according to your house layout.

They will also provide accurate prices and estimates, ensuring you have all the information to make an informed decision.

Their services don’t have a warranty.

However, they have a membership club.

A specialist will go to your home for a yearly rate to properly maintain your furnace system.

This membership includes the following:

  • 26-point precision inspection
  • Free bi-yearly diagnosis
  • Energy-saving analysis

While Bryant provides an excellent installation service, it doesn’t offer a warranty like Home Depot.

Their club membership will help your system work smoothly for many years. However, this incurs an extra cost.

Another difference between Home Depot and Bryant is the financing program.

When hiring an installation service with Home Depot, you’ll get a 120-month payment plan for up to $55,000 to finance your project.

You can pay off the loan through fixed, low monthly payments.

Typical Cost To Install New Furnace Average: $4,360 - $7,450
See costs in your area

Home Depot Installation vs Lowes

Lowe’s installation services work very similarly to Home Depot.

It partners with background-checked, insured professionals in the area to take care of your furnace installation.

Like many other service providers, it isn’t possible to see upfront installation costs.

You’ll need to schedule a visit, and a specialist will evaluate the project before sharing the estimate with you.

Lowe’s offers the same financing program as Home Depot.

You can pay your project in 120 months with low fixed payments.

Compared with other retailers, Home Depot is the only one that provides a one-year warranty with its installation services.

Lowe’s, on the other hand, offers their customers a protection plan.

With this plan, a specialist will repair any system damage, with the costs of parts and labor fully covered.

This is an excellent alternative to keep your system at top efficiency after the manufacturer’s warranty ends.

How Long Does It Take For Home Depot To Remove An Old Furnace And Install A New One?



Forced Hot Air Furnace Costs
Low End
$3,300 - $3,900
Mid Range
$4,000 - $4,500
High Efficiency
$4,500 - $5,200

See costs in your area Start Here - Enter Your Zip Code



The installation of a new furnace system will take 1 to 3 days, depending on your home’s ductwork.

A specialist can remove and dispose of your old furnace and install a new one in a day.

However, if the ductwork in your home needs replacing or repair, the project can take up to 3 days.

Pro Tip: Corrosion is a clear sign of the time to upgrade your furnace. Homeowners often notice rust on and around the equipment. In other cases, the unit will release dust and dirt in other areas of the house. Occasionally, an old unit can cause humidity problems in the home.

Expert Installation From A Trusted Brand

Replacing an old furnace system in your home is an expensive project.

Home Depot offers various furnace systems with different characteristics and prices.

The retailer also provides high-quality installation services outsourcing qualified specialists in the area.

The average installation cost of a gas furnace is $5,250, which is considerably high. However, there are many reasons to support the elevated prices.

A new furnace system is a long-term investment.

Once the equipment is set and working, it’ll have many years of use before you need to worry about repairing or replacing the system.

Typical Cost To Install New Furnace Average: $4,360 - $7,450
See costs in your area


About Leo Bender

Leo has been a contractor since 2003, specializing in: roofing, siding, general contracting (GC) and residential remodeling. Leo is also a Certified HVAC, Oil & Gas Heating Technician/Installer. In addition to roofing and remodeling, Leo is passionate about Solar, green building and energy conservation, so a lot of my time and energy goes to installing energy efficient heating and cooling systems.


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