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Cost Saving Home Improvement Tips to Ease Your Pain

Posted Aug 11th, 2021 in Did You Know?, General, Home Insurance, In the News, Insurance Tips, Media

Home improvements typically add value to your property and can also reduce costs. We’ve shared insightful cost-saving tips for home renovations that won’t break the bank.


Cost Saving Home Improvement Tips to Ease Your Pain, Youngs Insurance, Ontario

When it comes to home renovations it is imperative you understand how they impact insurance. If you’re thinking of ways you can save at home, you need to read our cost-saving suggestions.

Five Cost-Saving Home Improvements Tips

Tip 1: Increase Insulation

A classic cost-saving tip for your home is to ensure the attic is insulated. You should notice lower heating bills as soon as the cold weather hits.  

Tip 2: Use Smart Power Switches

Smart power switches will help with cost-saving when it comes to small appliances. You can control the switches from your smartphone, so even if you forget to unplug something, you can be sure it won’t be using any energy.

Tip 3: Install a Low-Flow Shower Head

You can save money on your water by installing a low-flow showerhead. And this won’t mean missing out on a luxurious shower at the end of a long day – most manufacturers are designing the showerheads to provide a full-coverage feel.

Tip 4: Switch to LED Bulbs

LED (light-emitting diode) bulbs cost more than incandescent bulbs, but they last longer so you won’t have to replace them as often. Also, incandescent bulbs are about five times more expensive to operate than LED bulbs so you should notice savings on your utility bill almost immediately.

Tip 5: Use Energy Efficient Appliances

Investing in energy-efficient appliances can be one of the best ways to start your cost-saving home improvement journey. Old refrigerators are some of the worst energy-sucking appliances there are. For the most savings, buy the smallest size you can get away with and consider a traditional fridge with the freezer on the top.

Although home improvements are an upfront cost, they can help in saving you money in the long run. If you know you need to replace some things within your home, start with these cost-saving tips.

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