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.
Read the guide
A new furnace in Mahtomedi runs $4,500–$9,500 installed with us, and many jobs also fix the last swap's badly pitched PVC or stranded water heater. Remodeled lake homes often need a smaller furnace, sized by Manual J in a written quote.
Many Mahtomedi houses have already gone through one furnace swap, so the replacement job often means cleaning up after the last one: PVC that was never pitched right, a condensate line strung across the basement to a distant floor drain, or a water heater left in a chimney sized for two appliances. A new 96–98% furnace gets its own properly sized intake and exhaust, a trap and drain that won't freeze or clog, and a liner or power-vent answer for the orphaned water heater.
Sizing is the other half. Lake homes that were remodeled, reinsulated or rebuilt around an old cottage have loads nothing like their original equipment, and a Manual J often lands on a smaller furnace with two-stage or modulating burners. For the rebate, Xcel Energy's heating equipment program is the one that applies here; ask whether the rebate needs a registered contractor. A furnace swap in Mahtomedi normally needs a city mechanical permit.
Updated October 27, 2026
By efficiency: 80% AFUE roughly $4,500–$6,000; 96–98% AFUE roughly $6,500–$9,500. See the furnace replacement cost guide.
With Xcel Energy on both meters, Mahtomedi homeowners work from one utility's list: rebates on high-efficiency gas furnaces, on central air. 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.
It may need its own fix. Once the furnace vents through PVC, the water heater becomes the only appliance in a chimney flue sized for two, and a lone water heater often can't keep that flue warm enough to draft well; condensation can also damage the chimney. The usual answers are a properly sized liner or a power-vent water heater. We check the chimney during the quote and include the fix in writing.
Probably. New windows, insulation and air sealing can cut the heat loss well below what the original furnace was sized for, and an oversized furnace short-cycles, wears faster and leaves the house swinging between warm and cool. A Manual J based on the house as it is now sets the right size. A two-stage or modulating furnace then runs long, gentle cycles that suit a tighter home.
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.