The worldwide property market is huge, taking up a considerable portion of many people’s investment portfolios, sources of income (passive), and pensions. The professionally managed real estate sector has seen a tremendous rise over the years, according to MSCI. Whether you are a homeowner or a realtor owning a home or property for investment reasons, you want to ensure that it is comfortable and properly maintained. Having a plumber near me in Florida install a tankless water heater is one way to increase your home’s value.
A recent increase in tankless water heater sales has shown that most homeowners are looking to install them in their homes. According to recent studies, properties having tankless water heaters have also sold a bit higher at about 4% more than expected. They also sell faster than homes that rely on conventional water heaters. Properties that have tankless water heaters sold 43 days earlier than expected.
Are you in the market for property or a new home? Then you may wonder what this craze is around tankless or on-demand water heaters. This article will explain why on-demand water heaters are another option you can use when planning to resell your home. So, how do tankless water heaters raise your home’s value?
The On-Demand Water Heaters Are Likable/Desirable
Many homeowners desire tankless water heaters for many reasons you will see. When people like something, they are ready to go the extra mile to acquire it. This means prospective home buyers will be willing to pay more for your home. Hence, your property will get more bids and sell faster. Hence, if you want to close the deal faster, contact a plumber near me in Florida and have them replace your existing conventional water heater with a tankless water heater. Although these systems don’t require much maintenance, that doesn’t mean you should forego it. Maintenance is a critical aspect that ensures your system serves you properly.
They Have a Reduced Risk of a Water Damage and Leakage
Traditional water heaters are prone to extensive damage, costly repairs, and high energy costs. A slow leak may be to blame for your high-water bill even though you don’t spend much time at home. Since water heaters are frequently kept in garages, basements, or ceilings, a significant leak could flood your household and cause significant harm to your belongings, including electronics, carpets, and furniture. Mold can grow due to moisture leaking from a broken water heater, which ruins your ceilings and walls and poses serious health risks. Check regularly for rust and slow leaks if you have a conventional water heater. There is no need for a tank since a tankless water heater heats water only when you need it to be hot. This eliminates the dangers mentioned above. Since no homeowner wants to experience the water damage and leaks that conventional water heaters are prone to, they are willing to pay the extra dime for that tankless water heater. Hence, have a plumber near me in Boca Raton, FL install an on-demand water heater for your on-sale property.
Increased Savings and Energy Efficiency
Tankless water heaters do not have the standby energy losses associated with tank-type water heaters. And this can save you a fortune. Generally, a tankless water heater is more efficient in terms of energy than conventional water heaters. However, these different levels change depending on how much-heated water you use. For instance, tankless water heaters can be 24-34 percent more efficient if you consume 41 gallons or even less of heated water each day.
Tankless water heaters will save the typical family hundreds of dollars in annual energy costs. Since no one wants to experience these recurrent energy utility expenses, prospective home buyers are willing to pay more for properties that have on-demand water heaters. Hence, have a plumber near me in Florida install a tankless water heater if you are planning to resell your home soon.
Frees Up More Space
Conventional water heaters feature large tanks that take up much space that would otherwise have been used for any other use. For home buyers who prefer having a storage space, the extra space is a selling point that can raise the value of your home. Instead of installing a huge, obstructive 50-80-gallon tank that takes up a lot of space in your basement or garage, have a plumber near me in Florida install an on-demand water heater that is usually mounted on a wall. The wall-mounted on-demand water heaters open up about 10-15 sq ft. of space that the prospective buyer may use for various purposes.
Millennial Green Movement
As companies in the US are starting to learn, conservation and sustainability are increasingly critical issues for modern homebuyers. According to Nielsen, millennials place a lot of emphasis on product sustainability. Because sustainability is so important to many people, they are willing to pay extra for such a product. A plumber near me in Florida predicts the trend will continue over the years. Hence, have a plumber near me in Boca Raton, FL install an on-demand water heater if you plan to sell your home soon.
Exceeds the Potential Homebuyer’s Expectations
A tankless water heater is an important unit that will save energy and last longer. Unlike conventional water heaters that will serve you for 15 years maximum, a tankless water heater will serve you for over 20 years. This means that the unit will have a good ROI, something that potential home buyers look forward to. Hence, those looking to resell their property should have a plumber near me in Florida install an on-demand water heater.
A Tankless Water Heater Improves the Value of Your Home
Are you a realtor looking to sell your property? Contact us at MainLine Plumbing, your reliable plumber near me in Boca Raton, FL, to install an on-demand water heater to drive the value up. Call us now for free consultation.