When it comes to making exterior upgrades, it all comes down to how much you’re willing to invest, and how much work you’re willing to do. Some of these suggestions require very little upfront investment, while others require a bit more. But in the long run, all of them should make a positive impact on your pocketbook. Read on to discover nine updates that are worth the extra effort.
Yes, windows are a big investment, however over time they can actually save you money on your heating and cooling bills. Replacing drafty windows can save as much as 30% in energy costs, and that adds up to a lot of money over the years. With a number of government rebates available across Canada, you can save even more.
For more inspiration, check out these 12 ways to freshen up those tired exteriors.
Replace an Old Front Door
Year after year, a new door is cited as the number one source of remodeling return on investment. A new steel or fibreglass model adds additional safety and security, and like windows, a properly insulated front door will help limit air leaks and save you money.
Install Solar Panels
I recently had solar panels installed on my roof. It’s great because the panels generate electricity that I can then sell back to the grid. So not only do I save money on my energy bills, I can actually pocket a few extra dollars too.
Paint the Exterior
Is your siding looking a little sad? A new coat of paint is almost always a good idea because it provides dramatic results with a minimal investment. If you’re selling your house, this small investment can add tons of value. Even when you add in the cost of a professional painting team.
Replace the Siding
If your siding has seen better days and a new coat of paint won’t cut it, you can replace it with the confidence that you’ll likely make your money back when you sell. It can help make your house look (almost) brand new, and in some cases, the added insulation can save you money on energy bills over time.
Invest in New Gutters
Gutters may not be the most glamorous investment, but they’re well worth it in some cases. Gutters that are damaged, sagging, or choked with leaves will actually take value away from your house, and they can cause damage. If cleaning and securing doesn’t cut it, get new ones. They’ll save you money in potential damages, I promise!
Rain barrels are great for water conservation and can save you a little bit on your water bills. You won’t get rich off of it, but every little bit helps! That said, where it can save you money is with its potential to help avoid erosion and flooding close to your house.
Build a Raised Garden Bed
Save yourself money and do something good for your health by growing your own vegetables. Raised garden beds are easy and inexpensive to build, and over time, you can save a ton on fresh vegetables. And don’t forget to use the water from your rain barrel to nourish it!
Natural light is almost always a plus in a house, but keep in mind that if you have shady plants and trees around the home, you can save money on your cooling bills. Just be sure to keep them well maintained so that branches don’t get too close to the house.