Homeowners often look for ways to cut down on home maintenance costs. These savings are significant if you’re considering selling your home. According to the 2020 Cost vs. Value Report from the industry trade publication Remodeling Magazine, the best return on Investment when a home is sold comes from renovating its kitchen, at a 78% ROI. Similar statistics also show a 75% return on investment when a home’s fiber or cement surfaces were switched to vinyl and a 72% return when a wooden deck was installed.

1. Why a Home Remodel Helps You

In addition to increasing property values, it may also interest you to know some home improvements can help you now. Energy costs tend to fluctuate, and investing in energy-efficient appliances can prevent those fluctuations from increasing your Utility Costs. In addition to your potential personal savings, you’ll be satisfied knowing you are reducing your carbon footprint.

2. How Going Green Helps Your Family

According to a recent Scotiabank poll, the three most popular renovations made by homeowners were to their backyards (33%), bathrooms (30%), and kitchens (28%.) With energy-efficient appliances, you’ll live in a home that’s warm, dry, and well-ventilated while decreasing your family’s risk of mold-related diseases. Energy-efficient appliances will also prevent the buildup of indoor pollutants (such as radon.) In addition, according to Energy Sage, when you switch your appliances to energy-efficient appliances, you can save as much as 30% on your utility bills.

3. Which Changes Could You Make to Your Kitchen?

If you dislike the appearance of your kitchen, there are changes you can make that will benefit you financially and also improve your family’s quality of life. One simple change would be to buy a water filter for your kitchen faucet. With a water filter, you can skip buying bottled water while still boosting your family’s water consumption.

4. What Food-Related Changes Can You Make?

Although it may seem like you’re saving only a small amount, some changes can help your family eat and drink healthier while accumulating small savings. One good investment may be buying a backyard grill, which will reduce indoor energy use while giving your family additional time outdoors. Coffee drinkers can save money by making coffee at home, just as packing a lunch will save money weekly. Instead of throwing your leftovers in the trash, you can keep them and add them to stews or casseroles.

5. Where Can You Save Money on Temperature Control?

One of the most significant factors in your utility bills is regulating how your home is heated and cooled. According to Today’s Home Owner, 90% of people buying houses look for homes with energy-saving features to decrease utility costs. To be sure the energy output in your home stays inside the home, be sure your windows are well-insulated. In addition to sealing spaces between your windows and the outside with putty or sealant, tinting your windows will help regulate temperature and protect you from UV rays.

6. Which Changes Should Be Made in Lighting or Color?

It may seem strange to imagine a coat of paint can significantly affect your utility costs or property values. According to Fizzy Mag, painting a 120-square-foot room will cost about $100, and the refreshed appearance of the room could increase your property value. In addition, ask a qualified electrician to evaluate your home’s lighting and make suggestions to improve your home’s electrical system. One of the easiest actions is to use LED light bulbs, which are more energy-efficient.

You can make small changes, such as hanging your clothes up to dry (rather than using a dryer’s energy.) Making many such changes will save you money, plus help you make inroads in saving the planet. Your real estate agent will be the first to agree that these changes could also bring you an increase in property value.

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