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Updated almost 9 years ago on . Most recent reply

User Stats

21
Posts
4
Votes
Ricky Hopp
  • Rental Property Investor
  • Houston, TX
4
Votes |
21
Posts

Old Oil Tank Replacement Convert to Gas Cost Estimate

Ricky Hopp
  • Rental Property Investor
  • Houston, TX
Posted

Hi all, I am considering a single family home purchase in NJ.  The house needs to have its oil tank replaced (above ground).  There is gas available to the home so an oil to gas conversion is most likely the case here.  The house is under 2000 sqft.  Also, there is no cooling, so Central AC is something I would consider as well.

I have called a few HVAC professionals that have not been able to give me detailed estimates on the costs of these but was able to have them say that most like $20,000 is towards the top end of this installation.  I need an estimate to determine if I take out a 203k loan with the mortgage and for about how much?  Does anyone have a ball park figure for a standard cost of oil to gas conversion and for central AC installation?

Thanks so much,

Ricky

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