11 Jan 20200 Comments
Most people go to great lengths and expense to improve and renovate their home’s kitchen and bathrooms. While these renovations do boost a home’s value, without doing some basic maintenance those improvements may not be enough.
Today’s buyers are very conscious of the costs of home ownership. They’re paying attention to increasing taxes and basic services such as water and energy. You can take some simple steps now to reduce expenses and save chunks of money year after year.
SAVE ON WATER
While water is in abundance in our area, it continues to get more expensive. You can save money by controlling your water usage. In addition to not letting faucets run, get started on the following:
– Go Low Flow. Install low flow faucets and showerheads to save big on water usage.
– Fix leaks and drips right away, which on average account for 14% of household water usage. If not addressed, small leaks and drips can turn into expensive and extensive repairs.
– Upgrade old hot water heaters. A more efficient hot water heater or a tankless unit may save up to 20% of your bill.
SAVE ON ENERGY
Heating and cooling account for more than 50% of a home’s energy usage. Regulating your home’s temperature will improve comfort and reduce your energy costs.
– Rethink your insulation. Good insulation can reduce your heating and cooling costs by as much as 20% and regulate the temperature of your home.
– Manage temperature automatically. Come home to the perfect temperature by installing a programmable thermostat which also saves on energy and money.
– Seal up drafts. Apply weather stripping to drafty windows, which can cause a 30 to 40% heating/cooling loss.
Improving the energy efficiency of your home is a money maker whether through renovations or repairs.
Upgrading your home with energy efficient appliances, windows and other features will not only save you money each month, it will also make your home more attractive to energy and eco-conscious buyers.