I Agee , My Old Victorian Never Insulated when We Bought It Either & 400k , Peerless Boiler in Middle of Basement.
( Built like Brick Out House )
But It had 11" Poured Walls by Hand Built Forms with 8 x10" Beams Running those Walls
Steel Supports - Commercial Grade Build - Original Guy was Well to Do . . & New Many Builders
as He was a Surveyor by Trade for Grandfathered Homes in that Area . . 6.5ft Deep with Beams on Top
Floor Joist all - Hand Notched - In . . ( I have been in over 187 Homes ) Never seen anything like this ..
Usually Stayed 40~41F in Cold of Winter - Cold Snaps see 38F also 2" of Solid Wood above that . .Flooring . .
Now just so You may Compare - I'm filling in Blanks Peerless Boiler is about 3.5ft High 2ft x 2ft . . It did Have
.279 Hole in Main Nozzle - Over 1/4" I was - like O-M-G . . so that Got Changed Out to a .129 Inside Dia.
We Insulated Empty Walls will Blown in Pressurized Full 4" & 38 Storm Window with in First 3 yrs ..
Basement Windows all got Up Graded to Full 5/8" Insulated Glass - No E-Coatings back then ..
I Boxed in Boiler with It's Own 12ft x 12ft Room . . Then Ran 3/4" Hard Foam around 2 Walls on Wind Side & Cover Rest & That
with 3/4" Tq & Groove this Took Time about another Yr & 1/2 as We had Time & Money ..
Found Items on Sale !
At that Point Basement stayed at 50F to 52F & Long Deep Cold 46F - Floors in Home Felt so Much Better - this Will Be Result !
Your Get with even Warmer Basement & Floors !
As that Will Be way Warmer then Old Boiler - Gravity Unit - Moving 68 Gallons Up & Down 2 Loops Slowly . .
12ft x 12ft Room would Hold about 55F~60F
as Water Temps on Coldest of Day Gravity Units - Only Run 115-120F If That . .
We had 2-3 weeks where Temps would be in Mid Teens . . 11F ~ 19F
Hope Your OK - Sounds Like Good Projects , Remember what Others Do Not Realize when I say 1 Million BTU's
They Live in a Heated Box Above Basement which is Insulated & Ceiling Insulated also ..
Most Heat Raises , also ( It's When 1 Goes to Heat Basement Loses Begin ) . .
Just Heads Up - to what You May want to Consider - or - Do Before or After Placement , Leave Room . . to do those Items . .
Looking Forward to this Project ..
My Recent Insulation in Basement as this Wall had Nothing !
Only Thermal Broke Upper Near Freeze Zone allowing Lower to Breathe Out & R30 Above that R18 with R15 Lower
Do to Earth Temps - Not Much If any Gain Going Higher in Lower Half . .
Rook Wool as it DOES NOT Ever be Effected by Moisture & Yellow Pine Wall Wanes Panels are Exterior Grade . .