Furnace Replacement Cost in Minnesota (2026)
A new furnace installed in Minnesota runs $4,500–$9,500 with us: 80% vs 96–98% AFUE prices, what moves a quote, and rebates now that 25C has ended.
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Furnace replacement in Deephaven costs $4,500–$9,500 installed, quoted flat-rate and in writing after a Manual J. Moving off the old chimney means planning a PVC route away from the windward lake side.
Replacing a furnace in a 1930s–1950s Deephaven house usually means a decision about the chimney. A 96–98% furnace vents through PVC, which frees it from the old flue but strands the water heater in a chimney built for two, and that water heater then needs a liner or a new model that vents itself. Finding a PVC route on a lake lot takes care: the termination should stay off the windward lake side, away from decks and windows, and above the snow line.
Sizing deserves the same care. A house that has been insulated or re-windowed since it was built needs less furnace than the old nameplate suggests, and the lake side takes more wind than the street side, so a room-by-room Manual J beats copying the old unit. Where part of the house runs on a boiler, we can replace the furnace alone or plan both together.
Updated November 10, 2026
By efficiency: 80% AFUE roughly $4,500–$6,000; 96–98% AFUE roughly $6,500–$9,500. See the furnace replacement cost guide.
CenterPoint pays rebates on high-efficiency furnaces and on boilers, useful where an older house still runs on hot water, with the installer of your choosing and an application filed the same calendar year. Ask us which rebates apply when we quote. Rebate programs change every year, so check the utility's current terms before you buy.
Our guides: Xcel and CenterPoint rebates, heat pump rebates.
Usually out the side wall nearest the furnace, but on a lake lot the details matter. The terminations must sit the manufacturer's required distance from windows, doors, decks and the gas meter, stay above expected snow depth, and ideally avoid the side that takes wind straight off the lake, where gusts can upset combustion. If no wall works, some furnaces can vent up through an unused chimney used as a chase.
Often, yes. A single-stage furnace only knows full blast and off, which makes lake-facing rooms swing between warm and cool on windy days. Two-stage and modulating furnaces spend most of their time at low fire with the blower moving air slowly and steadily, which evens out drafty rooms and runs quieter. They cost more, and the difference shows most in houses with uneven rooms like these.
Signs your furnace needs replacing
A new furnace installed in Minnesota runs $4,500–$9,500 with us: 80% vs 96–98% AFUE prices, what moves a quote, and rebates now that 25C has ended.
Read the guideBang, squeal, scrape, rattle, hum, click or whistle: what each furnace noise means, whether it's safe to run, and when to call 612-429-3465.
Read the guideA furnace that turns on and off too often tells you what's wrong by how long it runs. How to time a cycle, what it means, and when to call 612-429-3465.
Read the guideHeat out? AC quit? Call or send a request.