This Old House: 4 Renovations that Can Save Your Home Money in the Long Run

Thursday, December 28, 2017, 12:00 PM | Leave Comment

Home renovations can bring warmth and beauty to your investment, making it feel cozier and tailored to your personality.

However, did you know there are some renovations that can help save you money now and for years to come? This can make the initial investment something you’re more comfortable with and excited to have done.

A few examples of these types of renovations and tips for making the most of them are given below.

  1. Making Water Less of a Burden on Your Wallet

    Although water is relatively affordable for homeowners, expenses can get out of control for those who aren’t careful or have large families.

    To minimize costs, look for any “low flow” water-related products you can find. From toilets to shower heads, there should be an abundance of options to have installed in a newly renovated bathroom or kitchen.

    These can cut water use by almost half and save you hundreds of dollars per year.

    Tip: Clean your dishwasher, washer, and sink/tub drains often. This will help maintain healthy water flow so you avoid water-wasting clogs.

  2. Upgrade Your Technology

    New technology sprinkled throughout your home can make your life easier while saving you money.

    A programmable thermostat, for example, can pay for itself many times over by adjusting when you’re home or out of the house.

    Check out energy.gov to learn more about the specifics on how much it can save you.

  3. A New Roof

    Do you have leaks coming from the ceiling? Or have you noticed shingles flying off of your roof during storms?

    These are signs that your roof needs to be replaced as soon as possible. Fortunately, according to the roofers at Golden Spike Roofing, this is an investment that will pay off for many years to come.

    In addition to minimizing the need for costly repairs on a regular basis, a new roof can better seal your home from leaks during storms and give it more curb appeal.

  4. Refinishing Hardwood Flooring

    Floors are one of the biggest selling points of any home, especially if they are made of wood.

    If you plan on moving in the future, you’ll likely see your initial investment returned with some extra by doing this renovation.

    However, make sure to have regular maintenance done to ensure they stay in good shape.

Updating Your Home without Regret

From new toilets to a high-quality roof, the upgrades and renovations above are those you will not regret.

In addition to saving you money while you live in your home, they can also help improve your return when you sell and move on. With that, the initial investment is something you can feel comfortable and confident about making.

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