Great ROI Home Improvements That Save Energy And Money
It's a great time to undertake home improvements that save energy.
There are three reasons to undertake a home improvement project:
1. Increase or enhance your living space
2. Make your home’s use of resources more efficient and save energy
3. Improve the value of your home for future resale
With the construction industry looking for opportunities, it’s still an excellent time to undertake a home improvement project. Contractors are likely to negotiate a good deal on a variety of projects. If you are not time-constrained on your project, you can also wait to take advantage of special discounts and rebates on materials as manufacturers make them available.
Not all projects are equal
Remodeling Magazine does a yearly survey of the cost versus the value of a variety of home improvement projects. Due to the continued decline in home prices, the cost of these projects has fallen over the past few years, but so has the return on investment; however, the ROI should improve when the market does.
Replacement projects typically are less costly and have a better return than additions, comprising seven of the top 10 categories. Exterior replacement projects such as siding, windows and roofing have a return on investment of 72.6 percent on average as of December 2011. Find a licensed and insured window installer near you now.*
The replacement projects mentioned above also save energy and money by reducing heating and cooling costs. Modern reflective roofing materials, energy-efficient windows and insulated siding all contribute to lower energy bills and can save you money in the long run.