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Will a Tankless Water Heater Add Value to Your Home?

A:

Quick Answer

Tankless water heaters add value to a home and increase its resale value. Among other benefits such as being eco-friendly, tankless water heaters are more appealing to buyers and are proven to add value.

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Although tankless water heaters cost up to three times more than a traditional water heater to install, they have an immediate return on investment with lower energy bills and a tax incentive, as of 2015. Due to the high cost of installation, buyers see a tankless heater already installed in a home as an asset. They are also beneficial to the environment and are recommended by green builders. Tankless water heaters don't produce greenhouse gas and have a smaller environmental footprint.

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