Homewise1. OPTIMIZE YOUR WATER HEATER
Save more than $30 per year in excess heat loss and up to 10% in water heating costs with an insulated water heater blanket, available at Lowe’s for around $20. Also, start saving by simply turning down the temperature on your water heater.
SOURCE: Money Magazine - January 2006
2. REPLACE A BATH FAUCET
Replace a bath faucet yourself with a WaterSense®-certified model, saving up to $300 on the install, and potentially 500 gallons of water a year.
SOURCE: EPA – WaterSense®, Money Magazine - August 2008
3. BUY YOUR OWN REPAIR MATERIALS
If you need help with repairs, think ahead -- buying your own parts and materials can save you up to 20% in markup fees.
SOURCE: Money Magazine - August 2006
4. CONDUCT WALKING INSPECTIONS
Prevent expensive repairs by catching small problems before they turn into big issues. Look for holes, cracks, sags, soft spots and bulges in walls. Check your plumbing and appliance hoses for leaks and inspect your home’s foundation for cracks that can be sealed. Monitoring the state of your home will protect your investment in the long run, saving time, money, and stress! If your appliance hose is leaking, purchase a new one at Lowe’s for just $20.
SOURCE: Money Magazine - January 2006, August 2006
5. TAKE ON "ENHANCEMENT" PROJECTS
Add value to your home by taking on projects under $1000. Here are a few accessible ideas to make your home more attractive: tile the entryway floor, paint the kitchen cabinets, install a clear glass shower door, update the dining-room light fixture, and install shelves in the living room. Find the necessary materials at Lowe’s starting at $50 to make your home more attractive and valuable.
SOURCE: Money Magazine - February 2007©
