4 Things Every New Homeowner Should Understand to Save Money

Owning your own home may have been a lifelong dream of yours that has finally arrived. A home tends to come with unexpected expenses and other surprises. Here are some of the things that you should know so that you can save some money.

Invest in Insulating Solutions

If you’re unsure about the quality of the insulation in your home, have an energy audit conducted. This can tell you whether you should invest in more insulation to save on your energy bills. Many home owners make the mistake of adding insulation to their home when it isn’t necessary. You can add insulation in certain places on your own in order to save some green. The attic and crawlspace areas are ones that are generally easily accessible.

Change the Air Filter

A clogged and dirty air filter on your furnace can be shortening its life expectancy. This is because your furnace has to work harder to move the air into and around your home. The recommendation is that you change your air filter every month. If you don’t have kids or pets, you might be able to get away with the same filter for two to three months. Air filters are relatively cheap when you compare them to the cost of having to replace your HVAC system.

Inspect Your Roof

Your roof is your first line of defense against the elements encroaching on your home. According to SUNVEK, a roofing service, “A regular program of maintenance checks can extend the life of your roof and save money.” You don’t want to have to replace all of your home’s drywall because you had a roof leak that went undetected. The average roofing material will last 15-30 years depending on the type of shingles that you select. If you take good care of your roof it will help to protect the rest of your home.

Don’t Neglect Your Water Heater

Many people don’t think twice about their water heater until it stops working for them. You should flush out your water heater at least twice a year to avoid the tank from corroding out. It’s the sediment in the bottom of the tank that can cause your water heater to suffer an early death. The average water heater will last anywhere from 8-15 years depending on your water source. Another thing that you should check is to make sure that it’s not leaky or rusty. This can spell disaster for your home.

You need to be aware of how to maintain your home so that you don’t end up with costly repair bills. You don’t have to be handy in order to save some money on your new home.


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