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Updated over 4 years ago on . Most recent reply

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Barrett Boone
  • Investor
  • Fort Worth, TX
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Hot water heater replacement estimate

Barrett Boone
  • Investor
  • Fort Worth, TX
Posted

I just got a quote to replace my hot water heater for $2,450. Is this a reasonable price. It seems high to me. 
the hot water heater is working fine, but it was made in 1994 and My current tenant is moving so I want to replace it during the transition time so it’s doesn’t become an issue when the new tenant is in


is this a reasonable quote?

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Bruce Woodruff
#1 Questions About BiggerPockets & Official Site Announcements Contributor
  • Contractor/Investor/Consultant
  • San Diego / Phoenix
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Bruce Woodruff
#1 Questions About BiggerPockets & Official Site Announcements Contributor
  • Contractor/Investor/Consultant
  • San Diego / Phoenix
Replied

That  price is ridiculous. You neglected to mention the size but assuming it's a typical 50 gallon tank, that is less than $800. Figure another $800 for labor and other parts like expansion tank, and you should be done at $1600 or so. Keep shopping......

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