Choosing the Right Water Heater for Your Home: What You Need To Know
Hot water is one of those things we often take for granted—until it runs out. Whether you’re replacing an outdated unit, upgrading to increase energy efficiency, or preparing your home for resale, choosing the right water heater can make a noticeable difference in comfort, utility costs, and long-term value.
At Corken + Company, we guide homeowners through every stage of their property journey—and that includes helping you make smart decisions when it comes to upgrades like water heaters.
Here’s what you need to know to make an informed choice.
Start With the Basics: Tank or Tankless?
The first question to answer is whether a traditional tank-style water heater or a modern tankless model is right for your home.
Tank Water Heaters
These are the most common type and store hot water in a large tank (usually 30 to 80 gallons). They’re less expensive up front and are a solid choice for homes with steady, predictable hot water use.
Pros:
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Lower upfront cost
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Simple to install and replace
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Widely available in gas or electric
Cons:
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Takes up more space
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Less energy efficient
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Can run out of hot water during peak usage
Tankless Water Heaters
Also known as on-demand systems, these heat water only when needed and don’t store it in a tank. They’re compact, highly efficient, and ideal for modern homes prioritizing performance and sustainability.
Pros:
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Endless hot water supply
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Energy savings over time
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Space-saving design
Cons:
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Higher initial cost
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May require upgraded gas or electrical systems
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Can be limited in simultaneous multi-use (e.g., multiple showers running at once)
If you’re planning a luxury renovation or preparing a home for high-end resale, a tankless system can be an appealing upgrade—especially for energy-conscious buyers.
Know Your Fuel Type
Your choice of water heater will also depend on how your home is powered. Options include:
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Natural gas: Ideal for high-efficiency models; lower operating costs
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Electric: Easier to install but slightly higher monthly energy costs
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Propane or oil: Often used in rural or off-grid areas
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Solar: A sustainable option gaining popularity, though installation costs and sunlight exposure are key factors
Your Corken + Company broker or contractor partner can help assess the most efficient and cost-effective system based on your existing utilities.
Consider Capacity and Usage
For tank-style heaters, size matters. If your household frequently runs multiple showers, dishwashers, or laundry loads simultaneously, you’ll need more capacity.
Here’s a quick guideline:
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1–2 people: 30–40 gallons
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3–4 people: 40–50 gallons
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5+ people: 50–80 gallons
Tankless systems are sized by flow rate (measured in gallons per minute). A professional can help size your system correctly based on household habits and fixture types.
Energy Efficiency Ratings Matter
Energy Factor (EF) or Uniform Energy Factor (UEF) scores help measure how efficient a unit is. The higher the number, the more efficient the unit. Look for Energy Star–certified models when possible—they’re tested to meet modern performance standards and often qualify for rebates.
Colorado homeowners may also be eligible for local or federal incentives when upgrading to energy-efficient systems. We’ll help you explore any savings available during your decision process.
Don’t Forget About Longevity and Maintenance
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Tank water heaters typically last 8–12 years
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Tankless models can last up to 20 years with proper maintenance
Annual flushing of tank models and periodic descaling of tankless units can help extend their life. Corken + Company maintains relationships with trusted service providers who can handle installation and routine care.
Preparing for Resale? Make the Right Call
Upgrading a water heater before selling can be a smart move—especially if the current system is nearing the end of its life. Buyers pay attention to utilities and mechanical systems, and the peace of mind that comes with a new, efficient unit can be a subtle but powerful selling point.
In higher-end homes, tankless systems or energy-efficient hybrid models add perceived value and contribute to a more luxurious and turnkey experience.
Let Corken + Company Help You Make the Right Upgrades
Whether you’re managing a renovation, prepping your home for sale, or just looking to improve your living experience, we’re here to help you invest wisely. Our brokers and vendor partners work together to identify improvements that make both lifestyle and financial sense.
Call 303-858-8003 or visit www.corken.co to schedule a consultation and explore how a smart water heater upgrade can elevate your home’s comfort and value.
