Frugal Living, Home Decor

6 Money Saving Renovations to Make in 2018

Owning a home is an expensive endeavor, but a wise investment. Many Americans view their home as a part of their retirement plan, making renovations to increase its value over time. What if there was a way to not only improve the quality of your home but also cut down on monthly bills and costs? If you’re considering making some major home renovations, here are some helpful tips on how to make your home more energy efficient while you remodel.

  1. Smart Thermostat

6 Money Saving Renovations to Make in 2018Energy bills can skyrocket in the summer and winter months, especially if your kids are messing with the thermostat when you aren’t home. Installing a smart thermostat will allow you to control the temperature of your living spaces from anywhere using your smartphone. Create a passcode for access or tailor the thermostat to only respond to your voice.

  1. Solar Panels

Solar panels have been around for a long time, but up until recent years, installation was extremely expensive. These days, solar panels are much more cost-effective, especially in sunnier states like California. If you live in the Southern California region, contact Los Angeles or San Diego roofing contractors for a quote on solar panels or heat-resistant roofing. In the summer months, you can power your home’s daily processes with the energy captured from your solar system.

  1. Caulking and Weatherstripping

If your home is drafty, you could be spending a fortune on keeping your living space comfortable. Get a great seal on your windows and doors by adding caulking and weatherstripping. This renovation is cheap and easy to install; according to Energy.gov, caulking and weatherstripping should take no longer than one to two hours, and should cost you between $3 and $30.

  1. Insulation

Planning on knocking down a few walls to build a playroom for the kids? Or maybe a new room for a baby on the way? Take a look at the kind of insulation you have in the walls—it might be time for an update. Poor insulation can cost you a fortune in the cold winter months; spray foam insulation is a fantastic and cost-effective way to properly and efficiently insulate the walls in your home.

  1. Smart Plugs

6 Money Saving Renovations to Make in 2018If you own an Amazon Echo or a Google Home, you might already be aware of smart plugs. A smart plug is an adapter plugged into your power outlet; you then plug your appliance (coffee pot, television, lamp etc.) into the smart plug. Using smart plugs will allow you to set up automatic timers so that your devices aren’t constantly draining your power supply. Some smart plugs have built-in energy saving monitors so you can keep track of how much power every appliance in your house is using. Is your son staying up too late on the computer or his Xbox? Plug his electronics into smart plugs so you can turn them off when it’s time for bed.

  1. Smart and Energy-Efficient Light Bulbs

Smart bulbs are a great way to create automatically-timed overhead lights, especially if you don’t want to depend on smart plugs and lamps for all of your home’s lighting needs. LED smart bulbs will not only save you money on your electric bill each month, but some of them offer color-changing technology—set the mood with whatever hue suits your liking. Smart bulbs do require a smart hub that sinks with your Wi-Fi network; however, if you own an Echo Plus, the smart hub technology is built into the device.

No matter what kind of home renovations you plan on making, there’s almost always an energy-efficient way to accomplish them. Use these helpful tips and suggestions to transform your home into a money-saving, efficient oasis. If you love shopping online for deals like I do, then I highly recommend your check out Wikibuy.com! This website is a Chrome extension that finds you the best deals across the web on products you love… so you always know when you are getting the best deal!

10 thoughts on “6 Money Saving Renovations to Make in 2018

  1. Solar panels are definitely my savior we just installed it this January, it definitely lessens my bills. Definitely, the summer here in our country is so worst resulting using the AC a lot. Plus, the smart and energy-efficient light bulbs are essentials too. Thank you for sharing this. Great tips!

  2. Solar Panels are most definitely under appreciated before till recent due to like you said installation was very costly but if you calculate it it’ll cover up the amount used for paying electric bills in the long run

  3. I think that your ideas are so great! I never thought in that direction. I have a problem with saving my money because I need to buy this, to buy that… But, reading this blog was so eyeopening. Solar panels are so great, they can save you a lot of money. Does anyone have one of these panels?

  4. Hey Heather, Very insightful and well-written article! The information you have provided about is really Outstanding and very worthwhile for me. Thanks for sharing the valuable information with us and I really loved your post. Keep Posting Similar articles.

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