It would seem almost counter-intuitive to imagine laborious, sometimes expensive, home improvement repairs actually saving you money. But the reality is, short of getting a raise or getting lucky in the stock market, home upgrades are some of the best ways you can save yourself money. Doing the work yourself is the key to success. With some research and assistance you can save quite a bit of money.
For incredibly time consuming, and sometimes dangerous, tasks like exterior paint jobs, it's probably worth consulting painting contractors. But for a wide variety of home improvements, such as gardening, flooring, or cabinet, pantry, and bathroom remodeling, the DIY approach can save you a considerable amount of money. And not just from what you're saving on not writing a check to the handyman. Here are the top 3 ways you can expect to save money off DIY home upgrades:
Make your home more valuable for when you sell it. If you haven't kept up with home repairs, when it comes time to sell your home you're going to deeply regret it. Dilapidated infrastructure is one of the number one reasons why home sellers earn less on their home than the asking price. In this heavily depreciated housing market, you can't afford to peddle a home that hasn't had legitimate upgrades. It's a buyer's market and people will simply move on to a seller who has invested more time and effort into the upkeep of the home.
Switching to more energy efficient appliances and materials can save you money on bills. Insulate your home water heater, install a programmable thermostat, shore up energy leaks with door sweeps and shoe gaskets, and replace showerheads to control water flow. In the short run, these energy upgrades could cost you some money, but cumulatively the money you're going to save on wasted heat and energy is going to add up considerable over the years. Additionally, you'll be dramatically cutting down on your home's carbon emissions, which in the future could lead to government subsidies and tax incentives.
Secure your home and property from theft and destruction. Your two greatest enemies as a homeowner are thieves and rodents. Thieves steal your televisions and jewelry while rodents damage your property and steal your carrots. Spending money upfront on a home security system and theft insurance will protect you from the loss of valuables. Investing in pest and rodent control measures will protect your garden and landscape from costly damage.
Home repairs, improvements and upgrades are not always fun, cheap or luxurious. But these measures can save you money in the long run by increasing the value of your home, reducing energy costs, and safeguarding your valuables.