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Which Type of Water Heater Would Work Best for My Home?

Which Type of Water Heater Would Work Best for My Home?

Do tankless water heaters make for valuable home improvements?

Home improvements need to increase the pleasure you get out of your property, but they should also raise the value. There's no doubt that a tankless water heater provides for more comfort with immediate access to an endless hot water supply, but what about cost? How do tankless water heaters impact the potential selling price of your home? Is a traditional system or a tankless best?

Understanding the Savings

Installing an energy-efficient tankless water heater on your property can offer some immediate savings. First, the prices of many units have gone down in the last few years. This is partly because advancements in technology drove the cost of production down, but it's also a reflection of units being made in larger numbers. As demand has grown, price has actually gone down. In many areas, rebates and tax credits are now available for investing in systems with proven quality, like those made by Carrier®, Trane, and Lennox.

Also, your traditional water heater takes up 30 percent of your electric bill. You can save up to 20 percent of that cost each month by making the switch. Whether or not you're selling your home, tankless upgrades are valuable home improvements.

Green Initiatives Add a Lot

More than the exact savings, however, the idea of implementing green processes into your home boosts the value all by itself. Real estate studies show that property where solar panels, geothermal HVAC systems, tankless water heaters, and other eco-friendly equipment is in place sell higher than their traditional counterparts. If it's time to replace an aging water heater, be sure to consider your tankless options.

Contact us today to schedule your latest home improvements. Fogel's NATE-certified technicians will help you increase the value of your property today.

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