Do you ever wonder how home improvement ideas can save you money? There are so many ways to cut your home’s expenses, but most of them require more work than you want to do.
When you think about it, remodeling a house isn’t that big of a deal. You could just buy a similar home and fix it up yourself. But what if you could do it for less than half the cost? That’s right. You can essentially get the same results for half the cost with some home improvement ideas that are priced moderately.
You may not be able to reduce your monthly mortgage payment as drastically as you would like, but by investing in quality materials and techniques, you can save thousands each year in unnecessary maintenance costs and average contractor fees. Here are six handy tips that will help you accomplish minor home improvement projects cheaply.
1. Replace Your Old, Leaky Faucet
Instead of paying hundreds of dollars to have your pipes repaired, repipe your entire house for around $300-$700. This will save you money on utility bills and repairs in the future. You will also save money on plumbing repairs if you replace the faucet before it leaks. The modern barn doors and faucet designs are so efficient that you don’t need to worry about leaks anymore.
2. Install a Low-Cost Stair Runner
A stair runner can be a great way to update your home’s appearance and add value to your home. It is also a very cost-effective way to upgrade your home. This is an easy project that takes 15 minutes and could cost you as little as $50. The best part is that it will be good for the long run because it will not need any maintenance or cleaning. Also, it can be removed or replaced if you decide to sell your home in the future.
3. Refinish Your Home’s Handsome Wood Door
A solid wood door is a very attractive feature in any home. It gives your home character and value. But, most of the time, they are coated with cheap paint that wears out quickly and makes them look old before their time. If you want to change the color of your wood door, you can refinish it instead of replacing it with a new one. This is a very simple process that you can do yourself. It will take you less than an hour and cost around $200.
4. Make Shade and Add Privacy With Interior Shutters
Sunlight streaming through windows can be an annoying distraction and can make your home look bright and old. Shutters are a great way to block the light and add privacy to your home. They also help reduce heat gain in the summer and heat loss in the winter. They are easy to install on any window because they attach to a thin frame that either sits inside the window opening or around the outside of the casing.
5. Cut Costs With a Programmable Thermostat
An energy-efficient thermostat is one of the easiest and most effective ways to reduce your utility bills. It can also save you money on heating and cooling costs over the long run. A programmable thermostat will allow you to set a schedule for your heating and cooling systems so that they are running at peak efficiency during the times when you need them. According to a recent study, programmable thermostats can save you up to $180 a year on your utility bills.
6. Renew Old Flooring With Paint
Carpet and hardwood floors are very expensive to replace. If you have a worn-out floor, you can save money by refinishing it instead of replacing it. You can easily paint the floor with special paint that will not only cover up the old finish but will also add a new look to your home. It will take you a few hours to sand and clean the floor, apply the paint and let it dry. Many of these floors are made of wood that is covered with a layer of vinyl or other plastic.
It is never too late to change the look of your home. There are many ways to update and improve your home without spending a fortune. With the right knowledge, you can easily update and improve your home without breaking the bank.