When most of us hear home upgrades, we think of costly projects that are likely to break the budget. For those of us unable to afford a large-scale remodel or renovation, there are smaller, simpler home upgrades that we can invest in that will pay for themselves in the long run.
Try Smart Home Tech
Not at all uncommon these days, smart home tech is making it easy for many homeowners to conveniently save money on things like water, electric, and utility bills. Smart home tech may seem expensive upfront but quickly pays for itself in money you’ll save on bills. Installation can be done yourself, and in addition to making your life easier with features like controlling your thermostat through an app, smart home tech adds value to your home.
Cut Water Consumption
The kitchen, laundry room, bathrooms – all use water. Because of this, homeowners water bills can take up a chunk of monthly budgets. Making a few simple adjustments can drastically cut down your water consumption and substantially decrease your water bill each month. Things such as replacing your old water guzzling dishwasher with an Energy Star Efficient one and installing a low flowing shower head in bathrooms are easy projects guaranteed to cut your water bills.
Keep Cool With Ceiling Fans
Keeping your home air-conditioned in the summer months is expensive. While they probably won’t eliminate your need to use the air-conditioning, ceiling fans can definitely help you lower the temperature of the thermostat by a few degrees. Installing ceiling fans in rooms is an easy long lasting home upgrade bound to add to your savings.
Set Up A Home Security System
Whether or not your home is burglarized, having a home security system set up can save you money on insurance. Most insurance companies provide customers with discounted premiums if they have home security systems. In addition to lower premiums, a home security system will give you peace of mind.
Install Solar Panels
As solar panels have become more efficient, now is an excellent time to invest in installing them. Decreasing prices of solar panels have reduced the time until the investment pays itself off so get started now. Don’t let the upfront cost scare you away before you consider all of the benefits they provide in the long run, environmentally as well as financially.
While all of these home upgrades have initial costs, they’re all likely to quickly pay for themselves in savings. These upgrades will increase the value of your home and save you money in the long-run.
Interested in upgrading your home but don’t have the upfront costs? Consider a personal loan. Get the money you need to start upgrading your home today.