Looking to Buy Your First Home? Look for these 5 Upgrades to Stretch Your Dollar

Buying your first house is both an exciting and daunting process. There are many things that you need to keep in consideration while searching for the perfect new home. Though there are a variety of features on your “need to have list,” there are also some home upgrades that you can look for in a new home that will help you save money in the long run.

Home Upgrades to Save Your Money

Sellers often make upgrades to their house before putting it on the market that help increase the value of the home, but are also attractive to homebuyers because they are money-savers. Here are 5 common home upgrades to look for that will help you save money:

1. New Roofing

Though a brand new roof is not a necessity, if your new home has recently had the roof replaced, this means that you will not have to invest money in the roof any time soon. You might also look out for energy-efficient roofing materials that help you save on cooling costs by reflecting more sunlight and absorbing less heat than standard roofing materials.

2. Energy-Efficient Windows

Another upgrade that can help you saving money on heating and cooling costs is energy-efficient windows. These windows use quality frame materials and special coating that helps reflect light, keeping the heat inside in the winter and outside during the summer. If the home does not have energy-efficient windows, make sure that the insulation is adequate to avoid energy waste that can increase your electricity bills.

3. Energy Saving Appliances

Much of the energy that we use in our homes on a day-to-day basis originates from our appliances. Energy saving appliances can help you reduce energy waste and save as much as $400 a year on utility bills. If your new home does not feature these upgraded appliances, you may consider purchasing them later to help reduce energy costs.

4. Wood Flooring

Most homebuyers want wood flooring because it looks great, and it’s easy to care for. However, there are many other benefits that wood flooring can offer. If you or someone in your family suffers from allergies or asthma, wood flooring may be a better option as it reduces the allergens that get trapped in material like carpet. Also, since homeowners love wood floors, buying a home with wood flooring helps you increase the resale value if you ever put the home on the market.

5. Updated HVAC System

An energy-efficient HVAC system is another home upgrade that can help you save money over time. Not only do upgraded HVAC systems help you cut energy costs, but they can also make it simple and more convenient to maintain a comfortable home environment. In addition to the actual unit, look for a programmable thermostat, adequate insulation, and well-sealed ductwork.

Once you buy your first home, it is important to have your HVAC system regularly maintained in order to prolong the life of the unit. Contact us when you are ready to have your HVAC unit in your new home inspected.