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Old 03-30-2008, 08:13 PM   #1
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Boilers cost estimate - newbie question


Hello friends,

Im considering buying a condo in a 12 unit building and my unit is one of the smaller ones. I had the place inspected and the inspector put a red falg against the two gas based hot water boilers (2 in each device(?))

They are old and depreciated. The associsation has no plans of replacing as they are working well. Im wondering how much it would cost to repalce the two units that in combintion service the entire buildings heat and hot water.

Any ball park estimates would be VERY helpful in making a decision to buy this condo..
Thanks in advance!!

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Old 04-01-2008, 07:13 PM   #2
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Boilers cost estimate - newbie question


Boilers for 12 condos, I'd guess somewhere between $8000 and $35000.

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Old 04-01-2008, 07:16 PM   #3
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Boilers cost estimate - newbie question


for each or for both? (I think each had 1.25 mil btus ...Dont know what that means)..

Thanks Marlin!
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Old 04-05-2008, 07:19 AM   #4
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Boilers cost estimate - newbie question


A 1.2 million BTU boiler is huge. I'd guess they would install three or four smaller boilers in place of the huge ones. It's almost impossible to give an accurate quote over the internet. The price is going to be closer to 35k, possibly more though. Figure four 600,000 btu boilers will run about 20k, 2 1.2 million btw units would run about the same thing. Add on labor, pipe, other parts and you could run up a big bill very quickly.
Based on that I'd guess 28k if you get a good deal, the install is pretty smooth and labor is cheap in your area. It could be upwards of 50k if you need a lot of work and labor prices are high.

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Old 04-05-2008, 11:13 AM   #5
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Boilers cost estimate - newbie question


That is very useful information!. Thanks Marlin!. I decided to go twith the 50k estimate and the owner of the unit has offered to pay half of y share of the estimate towards my closing costs. Fair enough I suppose

I appreciate your input.
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