The premium for homeownership has grown in recent years as home insurance, upkeep, and high mortgage rates skew the buying vs. renting math.
  • @potpotato@lemmy.world
    2•5 months ago

    Those costs might reflect new build estimates, not regular repair or replacement, which is the point of your OG post. Furnace repair is like $300-500 if you can’t DIY and replacement is $3-7k depending on fuel and region.

    • @skuzz@discuss.tchncs.de
      1•5 months ago

      Furnace repair is stupid in cost if you can’t do it yourself. Replacement you mentioned is half the cost. Double it for AC. Still $14k. Even $7k is an unpleasant surprise. Mid-range equipment you aren’t replacing in 5 years makes the cost go up as well.

      Edit: those numbers are still way low. I’ve seen $10k-12k for just a furnace.