16 Money-Saving Home Maintenance Projects

ALPA PROD Shutterstock Homeowners fantasize about adding rooms to their homes, landscaping their yards, and remodeling their kitchens and bathrooms.In reality, these fantasies might not be financially feasible.

But don’t let that deter you from taking good care of your home.Maintaining your home’s resale value while saving money on small repairs will save you money in the long run.

Here are a few small jobs you can do to save money around the house.

Replace the air filters in your HVAC system.

Filters in your furnace and air conditioner trap airborne allergens and dust, allowing you to breathe cleaner air.While using the furnace or air conditioning, these filters should be changed every few months.Changing filters on a regular basis can also help you save money on your utility bills because dirty filters make HVAC systems work harder and consume more energy.

Fix dripping faucets

A dripping faucet equates to money going down the drain.According to this fun drip calculator from the U.S. Environmental Protection Agency, a faucet that drips once every minute wastes 34 gallons of water per year.SSurvey of Geology

So, as soon as possible, put a stop to the leak.

Fill the tub and shower with caulk.

A tube of caulk will set you back a few dollars.Thousands of dollars can be spent replacing mold-infested bathroom tile and drywall.

Keep the seams around fixtures, tubs, and showers tightly sealed with caulk to prevent water from reaching the walls and floors, where it can cause mold and rot.

Silicone caulk lasts longer than latex caulk, but latex caulk is easier to apply.Some items combine the best features of both types.

The Lowes Caulk Buying Guide explains the ins and outs of various caulk types.To prevent mold in bathrooms, use a product that contains a fungicide.

Apply a nice bead of caulk to your bathroom before you start working on it.Learning to use a caulk gun and apply caulk neatly does not take long.

Examine the sump pump.

A sump pump installed in a low area of your home, such as your basement or crawl space, keeps water out.It defends your home against water damage, which could result in thousands of dollars in lost property and cleanup costs.

Check your pump on a regular basis and replace it if it fails to start.

Set up a programmable thermostat in your home.

A programmable (smart) thermostat saves money by allowing you to set and maintain a comfortable temperature when you’re at home and a more conservative temperature when you’re away or sleeping.

According to Consumer Reports’ Thermostat Buying Guide, programmable thermostats can save you up to $50 per year in energy costs.Choose a simple device that you can install yourself to save the most money.

Check out 22 Mistakes That Send Energy Bills Soaring for more energy-saving ideas.

Examine the outlets and cords in your home.

Electrical wiring issues can result in a fire hazard.Examine the light switches, cords, and outlets in your home.

Man hiding cash under a mattress


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