Selecting the right furnace for your home is a significant decision. Barrie homeowners are presented with the option of renting a furnace for its short-term flexibility or purchasing one and making a long-term investment in their home. At Aire One Barrie, we know that the right decision starts with the right questions. Here is a guide to help you make an informed decision.
What Are Your Heating Needs?
Below are some factors to consider before making a decision, including the size of your living space, insulation, and your typical winter temperature in Barrie. A larger house or one with older insulation may require a higher-capacity furnace, which can impact your decision between renting and buying.
How Long Do You Plan to Be in Your Home?
- Temporary residents or rentals: If you will only need a furnace for a short period, renting might be a more cost-effective option.
- Long-term homeowners: Purchasing tends to be a better investment, offering more control and equity in the long term.
What Are the Upfront Costs?
A furnace is an expensive upfront purchase, but renting allows you to spread the cost over time. Consider your budget and whether you would like to take advantage of long-term savings or spread the cost over time.
Who Handles Maintenance and Repairs?
- With a rented furnace, maintenance and repair are included, ensuring no unexpected costs.
- Furnaces that are owned will make homeowners pay for repairs, but professional maintenance could extend the life of the system.
What Is the Energy Efficiency?
Energy-efficient ratings are now marked on today’s furnaces. Ask whether the unit you are renting or purchasing meets ENERGY STAR standards and how it will affect your utility bills. A more efficient furnace will cost more upfront, but it can save you money in the long run.
Is There a Warranty or Service Contract?
- Manufacturer’s warranty, in the event you purchase the furnace and utilize service plans.
- If it’s a rental, find out what is included in the rental agreement — parts, labour and replacement if the pump fails.
What Kind of Furnace is Best for My Home?
Pros and cons of gas furnaces, electric furnaces, and oil furnaces. When it comes to furnace options, there are several choices for home heating systems. Inquire about the installation, compatibility and typical performance.
Installation or Replacement: How Easy Is It to Install?
Add installation time and expense. Rented furnaces typically come with installation included in the rental agreement, whereas purchased units (whether upfront or through financing) may require arranging and paying for professional installation separately.
Upgrade or Swap Later, Can You?
If you expect your home’s heating needs to change, inquire whether the rental plan allows for upgrades. Also, ask yourself, for bought units, how simple would it be to replace or upgrade in future?
What Other Barrie Homeowners Are Choosing?
Local experience matters. Inquire about references from neighbours or your HVAC contractor. In Barrie, factors such as winter temperatures, the age of your home and energy prices may affect what’s best for you.
Aire One Barrie: Choosing the Right Choice
At Aire One Barrie, we provide advice to homeowners on the decision of renting vs. buying a furnace. We can have our professionals evaluate your home and make suggestions for your best options for installation or repair.
Take the Next Step
Finding the right furnace doesn’t have to be scary. Reach out to Aire One Barrie today with your heating questions on renting or purchasing a stove that will keep your home warm, efficient and comfortable all winter.
