Maintaining a home can become costly. However, if you make the right upgrades you can save money on your monthly utility bills, increase the value of your home, and enjoy the benefits while you live there. Even on a tight budget you can remodel your home and create a comfortable living environment.

Solar panels

Solar panels have many benefits. They are eco-friendly, help reduce your electric bill significantly and add tremendous resale value to your home. Don’t be swayed due to the high sticker price. Many of the solar panels for sale come with affordable payment options. They also qualify for the Federal Solar Tax Credit, as well as state and local rebates. This can reduce the initial cost significantly. Check with your representative to find out what the assistance program offers and the steps needed to receive it. They come with a 20+ year warranty and can reduce your monthly electric bill by $100 or more.

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Insulation

Many people, when they plan a remodel, overlook the small details that have a huge impact on energy consumption. Adding new insulation to your home benefits you in every season. It saves you money on your heating and cooling costs and creates a comfortable living environment for you and your family. It also can help you achieve a quick sale when you disclose your upgrades and produce low monthly utility bills.

Hardwood floors

Hardwood floors make a house a home. They instantly add character and warmth to any room. Unlike wall-to-wall carpeting, they are easy to maintain and can last for 15 to 20 years before they need replacing. When it comes to selling your home, most people prefer hardwood over carpeting, especially those who suffer from allergies or who have children and pets.

Energy-efficient appliances

If you’ve put off buying new appliances, now’s a great time to reconsider. Energy-Efficient stainless appliances not only reduce your monthly electric significantly bill but they also retain their value when and if you decide to sell your property. In addition to the monthly savings, there are also tax credits offered by the Federal Government that can bring you additional savings when filing your taxes.

Curb appeal

Replacing worn and outdated siding with vinyl siding adds instead value to your home. It not only helps to insulate your property, but it also adds tremendous curb appeal, making your home stand out from the rest. Make sure to select a neutral color that hides dirt well. In addition to the siding, a new garage door complete with an electric opener helps to keep your garage dry and mold-free. It also further enhances your curb appeal.

Plumbing 

If your home was built in the 1960s or prior chances are pretty good that it contains galvanized pipes. These pipes are prone to rust, deposit build-up and extensive corrosion. Replacing the plumbing is an expensive undertaking, but over time it will save you on increased water pressure, reduced water consumption and a higher resale value.

Replacing old windows with double-pane

Older homes may carry a bit of nostalgia and appeal, but that quickly goes away with the first high electric and heating bill. By replacing single pane windows with double-pane you’re removing uncomfortable drafts and reducing your monthly utility bills significantly.

While bathroom and kitchen remodels wow potential buyers, putting a focus on the basics that will save a potential buyer money like a new solar panel roof, a dry basement, proper insulation and plumbing,  are all wise home improvement projects that provide you with lasting benefits. Whatever remodeling project you take on, just make sure that the benefits outweigh the cost.