How Much Does It Cost To Replace Your Home Radiator? Bankrate Caret RightMain Menu Mortgage Mortgages Financing a home purchase Refinancing your existing loan Finding the right lender Additional Resources Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Bank Banking Compare Accounts Use calculators Get advice Bank reviews Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Credit Card Credit cards Compare by category Compare by credit needed Compare by issuer Get advice Looking for the perfect credit card? Narrow your search with CardMatch Caret RightMain Menu Loan Loans Personal Loans Student Loans Auto Loans Loan calculators Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Invest Investing Best of Brokerages and robo-advisors Learn the basics Additional resources Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Home Equity Home equity Get the best rates Lender reviews Use calculators Knowledge base Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Loan Home Improvement Real estate Selling a home Buying a home Finding the right agent Additional resources Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Insurance Insurance Car insurance Homeowners insurance Other insurance Company reviews Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Retirement Retirement Retirement plans & accounts Learn the basics Retirement calculators Additional resources Elevate your Bankrate experience Get insider access to our best financial tools and content Hazal/Adobe Stock February 14, 2022 Lisa Melillo is a freelance writer and entrepreneur with a background in personal finance, insurance, and international business. In addition to contributing to Bankrate, she has appeared in Money and Reviews.com and frequently ghostwrites for other entrepreneurs. Troy Segal is Bankrate's Senior Homeownership Editor, focusing on everything from upkeep and maintenance to building equity and enhancing value. Bankrate logo
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You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life’s financial journey. Bankrate follows a strict , so you can trust that our content is honest and accurate. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. The content created by our editorial staff is objective, factual, and not influenced by our advertisers. We’re transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money. Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. Therefore, this compensation may impact how, where and in what order products appear within listing categories. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range can also impact how and where products appear on this site. While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service. Radiators have been heating homes since the mid-1800s, but they are still widely used — and for good reason. Modular in nature, they’re often easy and inexpensive to repair since most individual parts can be fixed or replaced without overhauling the whole system. That doesn’t mean radiators are exempt from needing to be replaced, though, and while minor repairs may be affordable, the radiator replacement cost should be factored into your home maintenance budget. The good news is that home radiator replacement and repair are among the less expensive emergency home maintenance costs that can arise—as little as $500, though most end up around $1,500. Still, radiator installation costs are a considerable expense for many homeowners, especially if a unit collapses without warning. So it’s important to educate yourself on the estimated cost of a home radiator replacement to help you avoid overpaying, or paying for the wrong thing. How much does it cost to replace a radiator
Homes with radiators typically have one central boiler, which is connected by pipes to a system of radiators placed strategically throughout the house. There are a ton of parts involved, so the first step with a home radiator replacement is determining that the radiator actually is the problem. In fact, radiators are often the most durable part of a heating system, and often it’s the boiler or pipes that really need replacing. In short, troubleshooting before replacing could save you unnecessary expenses. From there, it’s a matter of calculating the radiator replacement cost and identifying whether any additional changes have to be made. The basic breakdown of costs includes: Home radiator replacement cost: Boiler replacement cost: It’s often not the radiator that needs to be replaced, but the boiler. The most expensive part of the system, it Labor and installation cost: You should never attempt to perform a home radiator replacement on your own. Hire a licensed professional to carry out any repair or replacement work, making sure to get several quotes before choosing someone. You should expect to pay between $600 and $800 to install a How to know if your home radiator needs repair
What are the signs a home radiator needs repair? A lack of heat (or too much heat) is the obvious one, but drips, strange sounds, and vibrations from the unit can be other clues. Time to call in a pro—a qualified and licensed heating specialist to tell you whether your home radiator needs repair or replacement. They will test the radiator for leaks, check the boiler, inspect pipes and look for faulty valves. Once the initial diagnosis has been performed, the contractor can give you an estimate on what repairs need to be carried out or if replacement is necessary—and if so, what the radiator replacement cost will come to. How to save on a home radiator replacement
The most reliable way to reduce your home radiator replacement cost is to get multiple quotes from local professionals. Don’t just choose the lowest bidder, though. If one estimate is significantly lower than the rest, find out why. It may be because the contractor isn’t as qualified or uses low-quality parts, which will only lead to more costs later on. You can also save money by making repairs whenever possible rather than replacing the radiator entirely. Swapping out a single fin on your radiator or replacing a bleeding valve will be much gentler on your bank account than an entire home radiator replacement. the least expensive to purchase and install—is generally the most expensive way to heat your home on an ongoing basis. Additionally, electric models generally only last eight to 12 years, while plumbed radiators are known to last as long as 20 years—meaning you may save money by buying a plumbed radiator that will not need to be replaced again for about two decades. How to pay for replacing a home radiator
If you’re faced with an unexpected radiator replacement cost, the total bill for parts and labor could be anywhere from a few hundred dollars to several thousand. If you don’t have that kind of money sitting in your bank account, don’t panic. There are many financing options that are designed for . Personal loan
For most home radiator replacement projects, a will be the simplest and most appropriate financing option because you won’t need to borrow a huge sum of money to get it done. As long as you have a decent credit score, you could have the necessary funds in your bank account with a personal loan in as little as one day. You won’t need to put your house up for collateral and can even get a loan online without having to visit a bank or credit union. Personal loans are perfect for small home improvement projects of this type. Home equity loan
If your entire home heating system needs an overhaul and the projected costs are at least $10,000, you may need to consider a . This option functions as a second mortgage and allows you to borrow a lump sum of money against your existing equity in your home. However, most banks won’t issue a home equity loan for smaller amounts, so this likely won’t be an option if you simply need a few hundred dollars for a new radiator. This type of loan is also secured against your home, which means your home could be at risk if you don’t pay it back. Home equity line of credit
Like home equity loans, , or HELOCS, typically have a minimum draw amount of $10,000. Unlike home equity loans, HELOCs function more like a credit card than a lump sum loan, though you are borrowing against the equity in your home. You can borrow from the line of credit as needed but don’t need to take everything out in one lump sum, and you’ll only have to pay interest on what you borrow. Again, this is really only an option if your home radiator replacement cost reaches five figures, which probably won’t happen unless you decide to replace your entire home heating system. The bottom line
Before assuming a home radiator replacement’s in order, have a skilled professional troubleshoot the source of your troubles. If the radiator itself is the issue, a simple repair can often eliminate the need to replace it entirely. If pro does determine the radiator does need replacing, then you can move forward with asking for a cost quote for a new radiator, and whatever else needs fixing to get the heat back on. Learn more
SHARE: Lisa Melillo is a freelance writer and entrepreneur with a background in personal finance, insurance, and international business. In addition to contributing to Bankrate, she has appeared in Money and Reviews.com and frequently ghostwrites for other entrepreneurs. Troy Segal is Bankrate's Senior Homeownership Editor, focusing on everything from upkeep and maintenance to building equity and enhancing value. Related Articles