Whether you’re an HGTV enthusiast or only do renovations when something is in dire need of fixing, you’ve probably dabbled with a home improvement project or two. While some home improvement tasks can blast a hole in your budget faster than you can say “expensive,” others can save you bundles of cash by elevating your home’s efficiency and value.
If you’re ready to build yourself a structurally sound savings account, check out these seven
Not only is the installation of a solar energy system an excellent way to show some love to the environment, but opting for solar energy will also save you thousands of dollars a year in energy bills. Solar panels convert sunlight to energy that you can use to power your home, which means that the panels drastically cut down the amount of money solar panel users spend on electricity.
While the upfront investment of solar panels can be significant, the money saved over time is undoubtedly worthwhile. Curious how many solar panels you need for your house, how solar panels work, or how much this environmentally-conscious venture will cost? Check out
Installing a security system
Since over 80% of burglars examine a home for a
Investing in a quality gutter system
If “clean out the gutters” is a dreaded item on your weekend to-do list, you’re not alone. Still,
Mounting ceiling fans
If you live in a hot or muggy climate, it’s more than likely that you fork up a significant sum of money to keep your house cool. If you dread ripping open your utility bill each month, fear not. The installation of a large or whole house ceiling fan may be your saving grace. These sizable fans cool the entire residence by pulling air through windows and out through vents, putting your air conditioner out of a job.
Upgrading your laundry room
Although the laundry room may not immediately come to mind as a hot spot for potential disasters, water damage caused by old or faulty laundry equipment is almost as common as it is financially devastating. From a burst hose in a washing machine to an inefficient water heater, you’ll want to avoid a laundry machine mishap. Consider regularly replacing your laundry machine plumbing attachments and laundry-related tools so that you aren’t stuck with an enormous mess and an even larger bill.
Getting smart with your lighting
Weatherstripping and caulking
While many home improvement projects require an upfront financial and time investment, homeowners can execute this quick and easy trick in an hour or less. Maintaining a home’s temperature becomes especially difficult when hot or cold air can pass in and out of the house through openings around your windows and doors. By updating the caulking around your windows, you’ll save hundreds of dollars in utility bills that otherwise may have been wasted.
Luckily, you don’t have to be Bob the Builder to tackle these economically savvy home improvement projects. From installing solar panels to taking advantage of smart technology, these simple renovations will quickly have you stacking savings.