One of the most important and largest investments that you can make is your home, so it only makes sense to try and use that investment to help yourself out financially. Listed below are three home-remodeling projects that can help you to either earn a bit of extra money or cut down on your monthly expenses.
Replacing the roof on your home is a very effective way to cut down on your monthly utility bills, especially if you consider using copper roofing. When the sun's rays strike a traditional roofing material, the heat from that light will be absorbed by the roof and seep into the house. This is a problem, as it can raise the ambient temperature in your house to the point where you may have to keep your air conditioner on longer, which will raise your utility costs.
However, a copper roof can help you avoid this, as the metal will reflect the light instead of absorbing it, which will keep you house cooler. In addition, a copper roof is a very sought-after feature that can help you increase your home's resale value.
Another way to help yourself financially when you own a home is to consider a renovation that adds an accessory apartment to your home. In many cases, this will consist of remodeling your garage, attic, or basement into a self-contained apartment that you can then rent out in order to earn some money that can be used for entertainment purposes or to help you pay your mortgage. In order to increase the appeal of the apartment, ensure that it is as separate from your house as possible by providing a private entrance, kitchen, bathroom, and living space so that your tenant does not have to enter or pass through your home.
Finally, having a remodeling contractor install solar panels on your roof is a great solution for lowering your utility bills. As the solar panels produce electricity, your reliance on the local power grid will decrease and allow you to pay less every month on your power bill. Even better, if you produce more power than your house consumes, then that power will be sent out to the local power grid, and the power company will pay you for that electricity.
Contact a remodeling contractor, such as Hybrid Painting & Decor, in order to discuss which renovations he or she can perform that can save or earn you money. Copper roofing, accessory apartments, and solar panels are all great choices if you want renovations that can help you out financially.Share