Replacing the main water shutoff valve involves locating the valve, usually near where the water enters the home, testing the old valve, and removing it to install a new threaded ball valve. It is important to prepare the work area by laying down drop cloths and arranging tools. The water must be turned off, either by calling the water company or using the shutoff valve. Once the new valve is installed and leak-free, recharging the plumbing system by opening faucets pushes air out of the lines.