Maximizing Your Space
One of the biggest issues with a traditional water heater is the amount of space it takes up, whether it's a side closet or a closed-off area in the basement. Fortunately, one of the benefits of tankless water heaters is that they can be wall-mounted almost anywhere in your house so they won't need their own separate space. The traditional water heater may be bulky and require an area of its own, but your tankless water heater will not have to work around the needs of the rest of the house!
Heating What's Needed
While a traditional water heater stores water and will be able to supply hot water at a quicker rate, a tankless water heater works more slowly. Because it is heating the water as it's being used, it's only using the energy it needs to provide the water required. While this will have a positive impact on your energy costs over time, it can also mean waiting on hot water a little longer than expected. To go tankless, you'll require a minimum water flow amount.
Do You Have Hard Water?
A tankless water heater can be more efficient when it comes to space and energy, but if you have an issue with hard water, the tankless option may not be the way to go. Because a tankless heater essentially warms water within the tank, it is vulnerable to scale build up, which can cut into its overall efficiency. While a traditional water heater does not experience this issue, a tankless water heater working with hard water may end up being less useful due to this build up.
There are several benefits associated with a tankless water heater, but it's important to determine if this option will be truly energy efficient for you before you decide to invest. If you're currently working on home renovations and are getting prepared to put your home on the market, you may want to contact one of our real estate professionals for more information.