So, how much does it cost to replace awater heater?
Danny Margagliano is a real estate agent and co-owner of a home improvement website.
However, additional expenses may include permits, labor, and additional venting systems needed for proper installation.
Credit:Getty Images / Marvin Samuel Tolentino Pineda
Several factors influence the replacement costs of water heaters.
For example, a tank-style water heater is a traditional option.
These typically cost between $600$2,500 to replace.
Tankless water heaters dont have a water storage tank and provide warm water on demand.
These are ideal forcompact spaces.
However, high-end tankless models can cost twice as much as conventional tank-style water heaters.
Tankless water heaters typically cost between $1,200$3,500 to replace.
The larger the tank or the more gallons per minute, the higher the cost.
While you might consider purchasing a larger unit, it may not be the smartest financial move.
Installing electric, natural gas, or propane water heaters may range between $600 and $3,500.. ## Ventilation System
While electric water heaters typically dont need venting, gas orpropane onesdo.
The two types of venting systems are direct and power.
Direct vent heaters use an exhaust pipeor chimneyto exhaust gas directly outside your home.
Power vent heaters use a fan or blower.
Venting system installations cost an additional $300 to $600, estimates Margagliano.
Labor accounts for 50 percent of the budget, Margagliano says.
Experienced contractors tend to charge more.
Another consideration is the location of the water heater in your home.
Permits and Inspection
Some local building codes require homeowners to get permits before replacing water heaters.
Many municipalities require verification from a city building inspector to ensure the installation was done correctly.
Another is to choose a brand that gives you value for money.
Also, research deals and discounts from the manufacturer and retailer.
Last, think about utility efficiency.
Some models are more energy- or water-efficient, so they may be worth a higher upfront cost.
Repairs usually cost less than replacements.
New heaters may offer efficiencies that were not available when you bought the last one.
Frequently Asked Questions
An average installation will take 2-3 hours.
It depends on the size of the tank and the pop in of heater.
How Much Does Water Heater Replacement and Installation Cost.
How Much Does It Cost to Install or Replace a Water Heater?HomeAdvisor.