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According to highly rated plumbing companies Angieâs List interviewed, the average lifespan of a traditional tank-style natural gas water heater or electric water heater is only eight to 12 years, making a water heater replacement one of the most common home improvement investments.
My standard 50 gallon water heater has a 12 year warranty, and so does the tankless water heater I looked atâ¦ but the life expectancy for a tankless water heater is apparently 20 years, so Iâll give it the benefit of the doubt and assume it will last that long.