Remodeling just one part of your home can have significant consequences for the rest of your property — adding a bathroom can put a massive strain on an already overworked water heater. Likewise, adding a new water heater can revolutionize the way you shower, clean, and do laundry. Tankless water heaters are popular for many different reasons, but some homeowners still aren’t convinced. If you’re thinking about incorporating a tankless water heater into your next remodeling project, consider these essential points.
Evaluate Your Water Usage and Future Needs
If your family members constantly complain about running out of hot water, your current water heater likely isn’t cut out for the job. Likewise, if you plan on expanding your home or using more hot water in the future, you may need to rethink your current appliance’s capabilities. Tankless water heaters are unique in that they heat water as you need it instead of storing hot water in a tank. The downside to this is that they can have limited flow rates. Installing a tankless water heater means assessing your water usage and choosing a system that can meet these needs. Sometimes this can involve installing multiple tankless water heaters.
A Tankless Water Heater Can Help You Save Energy, Money, and Space
Despite the relatively high upfront cost, tankless water heaters are known for their cost savings over time. These units use significantly less energy, and you don’t need to waste water by waiting for the sink or shower to heat up. This can lead to lower utility costs. Tankless water heaters are also renowned for their long life expectancy, which means you can avoid the cost of replacing your water heater for longer. Of course, one of the biggest perks of a tankless water heater is its compact size. Because they don’t utilize water storage tanks, tankless water heaters take up just a fraction of the space.
Enjoy Hot Water When You Need It!
If your home’s capacity to create hot water is a constant nuisance, it’s likely worth it for you to spring for an upgrade. Tankless units create hot water as you use it, meaning that there’s no need to wait for your tank to get hot. Avoid the daily inconvenience of running out of hot water by installing a tankless water heater!
Your Project Loan Can Help
When you decide you’re ready to get to work, don’t let financing hold you back. We offer a vast array of loan services, just for you. You’ll never need to worry about paying too much out of pocket for your home improvement projects, and you can start working on your home improvements immediately. We also are partnered with the best dealers in the area, so you’ll be supported throughout your entire project.
We know that home improvement projects like these are urgent matters. This is why we offer a nearly instant loan decision once you fill out our 60-second loan inquiry! We conduct business in all 50 states* and our rates start as low as 4.5%* and terms go up to 15 years! HFS Financial can help you find financing up to $200k* for your project! What are you waiting for? See your options today!