Families have plenty of options to choose from when they decide to make their homes more efficient. Typically, home improvements focus on addressing longstanding household issues like maintenance-prone appliances or excessive utility bills. Homeowners also invest in improvements around the house in hopes of boosting the value of the property before a sale somewhere down the line. While all of these alone are perfectly valid reasons to invest in home upgrades, consumers should consider opportunities to check off multiple boxes on their home improvement list with a single purchase.

Tankless water heaters present such an opportunity. High-performance models are highly efficient, compact and durable. These features make them ideal for addressing multiple sources of inefficiency in the household while simultaneously contributing toward a better standard of living for every member of your family. The following key advantages of going tankless demonstrate why a new water heater is the right choice for your upcoming home upgrade.

Tankless water heating means a more efficient home.

1. Durable construction reduces maintenance costs
One of the most prudent reasons to choose a water heater for your next home upgrade is to improve upon the performance of your current model. Standard heaters are only designed to run for about seven to ten years before they are in need of a replacement. As a result, it's more likely than not that you've already seen some decline in your water heater's performance since you moved into your current home. Standard models are vulnerable to corrosion and mineral buildup, so efficiency losses are inevitable, even with routine maintenance.

Tankless models, on the other hand, are designed to operate for up to twenty years before they require a replacement. Absence of a storage reservoir allows tankless models to avoid much off the maintenance issues that are prevalent in outdated designs.

2. Reducing waste leads to monthly savings
The Department of Energy explained that, depending on how many gallons a month are used by your family, tankless water heaters can improve energy efficiency by anywhere from 24-34 percent. Some families can save as much as 50 percent on water usage by choosing tankless models. Whether reducing water or energy waste is your main concern, going tankless can help. In larger homes, it may make sense to install multiple compact tankless heaters rather than invest in a larger, bulkier model capable of centralized distribution.

3. Compact designs facilitate new storage space
Looking to make your home more efficient and create some new storage space at the same time? A tankless heater is a perfect home improvement for satisfying both of these ends as high-

performance models are just 10 percent of the size of standard water heaters. Additionally, tankless models can be mounted on the wall, clearing up floor space without compromising hot water delivery. Standard heaters tend to take up quite a bit of space in storage closets or garages, and the Detroit Free Press pointed out the average size of standard heaters is only getting larger. Why not get that space back and clear up some clutter by going tankless?

4. Tankless models appeal to homebuyers
For all the reasons listed above, tankless water heaters are quite attractive to homebuyers. You can leverage the popularity of tankless models by installing one in your home, especially if you know that a move is just a few years away. In addition to mitigating your water bills, tankless models provide you with an opportunity to earn back your investment during the home sale. A 20 year service life and major savings on monthly bills should be enough to bump up the price of your home come moving season.