Insulation: A Remarkably Prudent Investment in Your Home ...

Some home improvement investments are better than others. One key reason that this fact is true is that not all home improvements instantly begin putting money back into your pocket. A new kitchen or new bathroom may be a great investment in your quality of life and the resale value of your home. However, home improvements with the goal of energy efficiency stand to put money in the bank immediately as you?ve finished your home improvement. In fact, few other types of home improvements can manage to allow you to start saving money the very day that they are completed.

The Benefits of an Efficient Home

If you have a limited home-improvement budget, which is, of course, the case for most homeowners, then it only makes good sense to begin with home improvements that will help you save money as soon as possible. Here is a motivational fact to keep in mind: You can always apply the money you save thanks to your initial energy-efficient home improvements on other improvements down the line. There is no reason you can?t take your energy-efficiency savings and apply them to a new kitchen, for example.

In this fashion, a focus on energy-efficient home improvements could, in fact, lead to not just an improvement in your lifestyle, but also an increase in your home?s resale value! Experts say that even though installing insulation can cost you initially, you may be able to recover 65%-76% of your budget when it comes time to sell. [1]

You Can Start Saving Money Immediately

The reasons laid out above effectively highlight part of the reason that insulation in all of its forms make for a smart investment. Insulation, whether you opt for blue-jean insulation, wool insulation, or spray foam insulation, is a fast, easy, and effective way to improve your home?s energy efficiency. In the process, you will also begin saving money as soon as you have finished installing your insulation.

Any homeowner looking for the best home improvement possible will find it difficult to find a better one that insulation. Due to insulation?s immediate cost savings factor, only a handful of situations, such as a seriously leaky roof or an inoperable heating and cooling unit, stand to trump this type of investment. After all, the heat that you lose through the walls, floors, and roof of your house can account for 45% of heat loss. Similarly, in the summer, you lose about the same percentage in cooling costs. [2] Thus, if you do have a home improvement budget or are considering making changes, realize that when you opt for any energy- efficiency related home improvement, you will likely have a lower energy bill at the end of the month.

Another key fact is that insulation can also be used on both small and large scales. Many smaller insulation projects, such as insulating your water heater, may yield the cost savings benefits of a large project such as installing attic insulation. However, these smaller projects are nonetheless quite valuable. Even if your home improvement budget is somewhat limited, these smaller projects can still save you a bundle.

One good way of discovering just how much you can accomplish within the confines your budget is to work with an energy auditor or a home improvement specialist. By working with these experts, you will learn a variety of ways you can boost your energy efficiency regardless of your specific budget.

Sources:

1. http://www.smartmoney.com/spend/real-estate/which-home-improvements-pay-off/
2. http://realestate.msn.com/slideshow.aspx?cp-documentid=23279607#6

Source: http://www.wellhome.com/blog/2012/02/insulation-a-remarkably-prudent-investment-in-your-home/

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