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We would like to purchase a house but there is a heating oil tank in the basement. We would like to convert it to a gas heater and are wondering how much would cost to have the tank removed. It is a 250 gal tank and they might have to cut it to get it out.
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Inspectors specializing in oil tanks are sometimes called in to sweep the property with a metal detector to search out an old tank and do test borings of the soil nearby to see if there are any leaks. If a tank is found, removing it typically costs around $1,500 to $2,000 — if it's not leaking.
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