If your water heater is getting up in age, you may be wondering if you should just replace it with the same thing or if it’s worth it to spend the money to upgrade to a tankless water heater. The answer is, it depends. There are several factors to consider like: if you have gas or propane compared to electric which isn’t ideal, the number of people who live in your house especially those who take long showers and how often you’re home. The pros are energy efficiency which serves those who either use a lot or a little water, and never running out of hot water for those who may consistently be the last to take a shower in the household on the way out the door in the morning for work or school which the value of not worrying about a cold shower is priceless on its own for some. The cons are the extra expense associated with converting from a standard water heater to a tankless and thats about it. If you’re thinking about making the switch, it is recommended to be pro-active due to the fact that it is unlikely that in the event of a failed water heater, a potential customer will be willing to wait for the estimate with no hot water which probably means they’ll simply replace with the same standard tank for ease and quickness.