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A home is one of the most significant investments you can make in life. As a homeowner, you want the best for this treasured investment. This calls for ongoing improvements through remodeling and renovations. Such extensive home projects require a lot of money. However, some simple and practical indoor home upgrades can actually save you money. Here are some examples:
Smart homes are the biggest trend in real estate today. There are over 42.2 million smart homes in the country and the number keeps growing. A recent study revealed that a quarter of Americans own smart home technology.
These systems are not only convenient, but they save you money in the long run. Smart lighting and HVAC units, for instance, improve energy efficiency.
When used together with a good air conditioner, ceiling fans allow you to adjust your thermostat somewhere from four to seven degrees. These installations won’t compromise comfort but end up saving money on your energy bill.
Home security upgrade saves you money by lowering the cost of home insurance. Features such as remote control, motion sensors, activity alerts, wireless technology, cameras all work together to make your home more secure.
A recent survey on burglars revealed that security cameras are a deterrent which is a good reason to invest in the latest security technology.
On average, an American family will spend about $1500 annually on energy from fossil fuels. Solar energy systems might be expensive but they pay for themselves from the 7th year. Also, investment in solar energy has seen a reduction in the prices of hardware. There are also solar tax credits, incentives, and other forms of relief for solar energy users.
According to the EPA (the United States Environmental Protection Agency), the average use of water per family in the country is 300 gallons of water daily. 70% of this use is inside the house. There’s a lot of water wastage that happens because of poorly maintained plumbing systems.
Some improvements in your piping can save a lot of money by reducing water wastage.
Home improvement is essential to keep your investment in tiptop shape. When choosing the upgrades to make on your home, go for simple and practical fixes that eventually pay for themselves. These are just a few examples.
If you’re looking for more ideas to save money, check out more articles on Simple. Thrifty. Living from credit repair, loans, investment, insurance, personal finance, and much more.
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