Planning a home renovation project because your space feels bland? That’s a fantastic idea! Home renovations are an exciting opportunity to breathe new life into your living environment after months or even years of dullness. However, we all know renovations often have a hefty price tag. Thankfully, you don’t have to drain your bank account to achieve the transformation you yearn for. To see to it, we’ll share three ingenious home renovation hacks to save your family money below.
1. Switch to High-Efficiency HVAC
Consider switching to a high-efficiency HVAC system to save money and enhance energy efficiency during your home renovation. Your future self and your bank account will thank you! Why? Well, old units tend to consume more energy to generate the same amount of cooling or heating, consequently causing utility bills to skyrocket. These units also suffer from wear and tear, resulting in inefficiencies, malfunctions, and costly repairs.
On the other hand, high-efficiency air conditioning units have been shown to reduce energy use for cooling and heating by an impressive 20% to 50%. That results in substantial savings for your wallet and is good for Mother Nature.
2. Tint Your Windows
Another clever way to reduce home renovation costs now and in the long run is by tinting your windows. When sunlight enters your home through untreated windows, it increases the indoor temperature, forcing your AC to work harder and consume more energy to maintain a bearable indoor environment. Applying window tint film to your windows reduces the heat entering your home by up to 60%.
The tint acts as a barrier meaning your air conditioner won’t have to run as frequently to heat or cool down your space. Besides reducing interior heat, tinting your windows helps to reduce glare, protect your furniture and flooring from fading due to UV rays, and enhance privacy by reducing visibility from the outside. Tinting your windows is a home renovation hack that brings you both practical and financial perks.
3. Build a Wooden Deck
Adding a wooden deck to your home is a delightful home renovation project and a wise investment that can lead to cost savings in the long run. A wooden deck is a relatively low-cost project compared to other projects you could undertake. The materials required for it, such as pressure-treated lumber, are typically cost-effective and readily available. Additionally, a wooden deck has lower maintenance and repair costs. Unlike concrete or brick patios, which may crack or require regular maintenance, wooden decks can be easily repaired, stained, or refinished. Routine maintenance, such as sealing and cleaning, can help prolong the lifespan of your deck and minimize the need for costly repairs.
Beyond the initial cost, a wooden deck can result in long-term savings by increasing the value of your home. According to recent data, the average return on investment (ROI) for a new wooden deck in 2021 was 66%. This means you can recoup a significant portion of your investment when it comes time to sell your home. Potential buyers appreciate the added outdoor living space and the appeal of a well-maintained wooden deck.
Moreover, a wooden deck is a versatile space for relaxation, entertaining guests, and hosting family gatherings. By having a designated outdoor space, you can reduce the need for costly outings or vacations and create memorable experiences right in the comfort of your home. It is a must-implement hack if your goal is to pull off a home-changing renovation project that saves you money now and in the future.
Home renovations are generally costly, but that doesn’t mean you drain your bank account. By implementing these three ingenious hacks, you can save money while transforming your space into a more comfortable and appealing environment. So, go ahead and confidently embark on your home renovation journey, knowing that you can create a beautiful and budget-friendly space for your family to enjoy.