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Financial Crisis & Home Improvement

Financial Crisis, Home Improvement and what it means to you.

With today's tight economy, many homeowners are putting off home improvements, reasoning that it is an unwise investment to spend money fixing up the house in a down economy. Unfortunately, what many homeowners don't realize it that their hard-earned money is literally leaking out of their home because of badly needed window, door and roof renovations. The right home improvement projects, done at the right time and using the right materials can actually save you money, and add value to your home for the future.

Do you have leaky doors or windows? Did you know that heat always rises, and your energy dollars can be literally escaping between the shingles and under the eaves? Now, the question is: can you afford to wait?

Replacing Windows
Naturally, your heating and cooling costs will go down if your home is tightly sealed against the elements. To test this fact, put your hand next to a window. In warm weather, can you feel the warmer air seeping into the house, even though you have the air conditioner on high? In cold weather, can you feel the icy cold of the outdoors infiltrating the room or icy condensation along the edges of the window?

If you can answer yes to any of these questions, it is time to consider some home improvement projects to prevent further financial crisis. Although you may spend money today, the return on your investment will save you years of wasted energy dollars in the future.

Replacing Doors
The doors on new homes have foam insulation around the opening to seal out the elements. Over time, the insulation wears thin. Especially with kids and pets in the home, foam insulation can take a beating.

To determine whether your doors are properly keeping the elements outside, ask yourself:
  • Can daylight be seen anywhere around the door when it is closed?
  • When the door is tightly shut and locked, can you still feel the summer heat or the winter cold sneaking into your home?
  • Does your door hardware fit snugly? You would be surprised to know how much air can leak around loose hinges or door handles.

When finances are tight, painting or other cosmetic makeovers can wait. But improvements to your home's doors, windows, roofing and siding can only improve your energy expenditures, not to mention protecting the future value of your home.

Replacing Your Roof
When deciding what home improvement projects are necessary, don't forget to consider whether your roof is allowing heat and air conditioning to leak out through your attic. If your roof is past due for replacement, or simply has missing shingles or other maintenance problems, you could be literally throwing money away in your monthly utility bills. But before you replace your roof with new shingles, consider a more environmentally sound choice: metal roofing.

Metal roofing offers these benefits:
  • Reduced energy costs
  • Increased home value
  • Reduced insurance rates
  • Energy tax credits

Would you like to learn more about how investing in your home today can save you money tomorrow? Please contact Global Home Improvement in Philadelphia, PA and let us show you how to keep more money in your pocket and more value in your home.

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