Home ownership is a rewarding experience, but it also comes with its own set of challenges. One of the biggest challenges is keeping up with maintenance and repairs. If you’re not careful, you can make some costly mistakes that could end up costing you thousands of dollars. We discuss some of the most common home improvement mistakes below.
Common home improvement mistakes
1. Ignoring Leaky Faucets
A leaky faucet may seem like a minor problem, but it can actually waste a lot of water over time. In fact, a faucet that drips one drop per second can waste up to 3,000 gallons of water per year. That’s enough to take over 180 showers!
2. Using the Wrong Air Filter Size
Your HVAC system is responsible for keeping your home comfortable year-round. But if you’re using the wrong size air filter, it could be costing you money and energy. An air filter that is too small will let dust and dirt into your system, while an air filter that is too large will restrict airflow.
3. Over-Watering Your Lawn
A lush, green lawn is a beautiful thing, but it can also be a water hog. Over-watering your lawn can waste water and money, and it can also lead to problems with fungus and pests.
4. Setting Your Water Heater Temperature Too High
Most water heaters are set to 140 degrees Fahrenheit, but that’s actually too high for most households. In fact, the Department of Energy recommends setting your water heater to 120 degrees Fahrenheit. This will save you money on your energy bill and will also reduce the risk of scalding.
5. Ignoring Roof Maintenance
Your roof is one of the most important parts of your home, so it’s important to make sure it’s in good condition. Inspect your roof regularly for signs of damage, such as missing shingles or cracks. If you find any damage, be sure to have it repaired as soon as possible.
6. Not Getting Regular HVAC Maintenance
Just like your roof, your HVAC system needs regular maintenance to keep it running smoothly and efficiently. This includes cleaning or replacing filters, checking for leaks, and calibrating the thermostat.
7. DIYing Projects Without the Right Expertise
There are some DIY projects that you can safely tackle yourself, but others are best left to the professionals. If you’re not sure whether you can do a project yourself, it’s always best to err on the side of caution and hire a professional.
8. Not Having Adequate Insurance
Homeowners insurance is essential for protecting your investment. Make sure you have enough coverage to repair or replace your home in the event of a disaster.
9. Not Using Energy-Efficient Light Bulbs
Over a traditional incandescent light bulb’s life span it will use approximately $180 worth of electricity. By comparison, an LED light bulb will only use about $30. Needless to say, these savings can add up across every light bulb in the home.
10. Leaky windows and doors
A home’s HVAC system is typically the biggest source for electricity expenditures. With this said, having leaky windows and doors can be quite costly. In addition to having high-impact windows and doors in South Florida, ensuring that they are properly sealed will help you avoid from throwing money out the window.
In closing, in addition to the high entry costs to home ownership, actually owning and maintaining a home can be quite expensive. With this said, it is crucial to ensure that you are not making any of the mistakes listed above as these can prove to be quite costly over time. As always, your local and trusted real estate agent can be a great resource for helpful information on how to avoid costly home improvement mistakes.
Are you thinking about buying or selling a home in the South Florida area? We can help! Contact Natasha at Live South Florida Realty, Inc. today. Also, be sure to download our free Florida Home Search App for your smartphone or tablet.