Homes cost money, no one will argue with that. But, it’s not just the mortgage and the taxes, or the down payment, but, all the other things – from the heating to the gutters – that sap your savings. Other than careful money management, how can you reduce your daily Zionsville, IN home expenses?
Think Big. The biggest regular expense is likely your mortgage. You may be able to shrink it with and without the bank’s help. A few options are refinancing or consider taking on a 15-year option, you’ll save on interest over the long term. Another option is to pay half of your monthly mortgage every two weeks, this strategy will also help you save on interest, in the long run.
Utilities. One sure fire way to save money is to alter your thermostat. Sticking to no higher than 68 degrees in the winter and no lower than 78 in the summer will keep your bill more economical. If your home is not weather proofed spend some time and a bit of money to cut down on those drafts.
Water. To help conserve water (and money!), fix any leaky toilets or faucets and consider a low-flow shower head. In the kitchen only run full loads in the dishwasher and let your dishes air dry. Further savings can be had in the laundry room. Running only large, full loads of clothes uses less water and energy than frequent small loads.
DIY. Not all projects require a handyman, who would typically charge $50 or so an hour for labor. Many chains such as Home Depot offer free home improvement courses, if you have a project consider learning to do the work yourself! Also make sure you are keeping up with regular maintenance such as cleaning the gutters. It’s easy to do yourself and will save significant headache down the road.
We hope that these tips will help out with your Zionsville, IN home expenses. As Zionsville, IN real estate agents, we would be happy to help should you decide now is the time to sell your Zionsville, IN home. Please reach out if you need any assistance! Spring market is here and now is the perfect time to sell your home.
Rodney & Amanda Heard
Heard Real Estate Team