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Time and Money Saving Tips for New Homeowners

by Stacey Werner on 08.01.2012 · 18 comments

in Creating a Home, Finances

5 Tips for new homeowners - save money and time

New Homeowner Tips

Owning your first home is an exciting step in your life. It also comes with a whole new set of responsibilities. Here are five small things you can do to prevent some common homeowner pitfalls from occurring while saving yourself time and money.

Check Your Insulation

If there is an unfinished attic in your home you’re going to want to make sure it’s insulated. A rule of thumb is that there should be at least 6 inches of insulation everywhere and more if you live in a cold weather climate. Even if you see insulation up there, make sure it isn’t damaged or inadequate. If one of those two things applies to the insulation situation in your attic, look into addressing the issue and installing more.

Use a Water Heater Blanket for Your Hot Water Heater

Figure out the approximate age of your hot water heater and make the necessary adjustments. Most new water heaters are going to be well-insulated, older models…. not so much.  Pay the small price for a water heater blanket.  The move will pay off in the long run. You’ll see your heating bills gradually fall because less heat will escape from the water in the heater and out into your utility closet.

Replace the Filter in Your Air Handling Unit

Upon moving in, it is important to change the filter in your air handling unit. It’s very simple to do and something you might as well learn now, because it’ll be a part of your routine for the length of your time as homeowner.  Find where the filter is located in your air handling unit. They’re almost always large, squares or rectangles. Once you’ve found the filter, take note of its dimensions. Then make a trip to the hardware store to purchase not only the original replacement but a few extra so you have some filters on hand when it needs changing again. Installing a filter is as simple as sliding it into place. An outdated filter becomes clogged with particles it collects from the air, reducing its filtering ability and lowering the quality of your air. It also obstructs air flow, making the unit work harder and use more energy to perform its duty. The result shows up in your energy bill.

Air Seal Your Home

Weatherizing your home is matter of comfort, environmental awareness and your finances. It means finding cracks or openings where air is leaking into your home from outside and vice versa.  Your first step is going to be checking your doors and windows. These are the areas and features of your home most likely to spring a leak.  Unwanted air flow can also occur around old chimneys or from electrical outlets that are situated on an exterior wall. Can you see daylight peaking through around the edges of doors and windows or feel air flow on your hand? If the answer is yes, you’re going to want to take the steps necessary to plug the leak.

Window film, which acts like a temporary storm window, is a good place to start for windows. All you need for installation is some tape and a hair dryer. If the edges around the frame of the window are the problem some caulk can do the trick. Doors obviously move, so caulk isn’t a good option for them. Instead you’ll have to use relatively inexpensive and widely available weather-stripping materials.

Install Gutter Guards

gutter guards Gutters are an essential component of your home and the task they perform is invaluable. Clogged gutters can lead to excess, backed up water, which in turn can lead to significant and costly water damage inside and outside your home. You shouldn’t have to cross your fingers every time some gray clouds are on the horizon, wondering if your gutters are going to come through in the clutch. Cleaning your gutters frequently is time consuming and doesn’t always address the problem. Installing gutter guards is the better option and will save you valuable cleaning time. Gutter guards create an extension of the roof that mirrors its existing pitch, preventing fallen leaves, twigs and other debris from accumulating. Even if you clean your gutters often, they aren’t meant to work in winter, when snow and ice buildup can cause your gutters to tear away from the roof all together. Using gutter guards will significantly reduce this risk too.


Peter Bruzzini is an avid DIYer and a gutter and roof guru who loves to share his expertise with the blogosphere.

{ 18 comments… read them below or add one }

Danielle August 1, 2012 at 12:40 pm

This is also a great list to re-check a few years into home ownership. (And can I say that the picture of the hand is freaking me out? :) )

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Stacey August 1, 2012 at 1:51 pm

Ha! Danielle, I was wondering if anyone would say something about the hand…it freaked me out too, but I couldn’t resist including it!

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Aranda Gibbs August 1, 2012 at 11:44 pm

Great check-list! And that hand creeped me out a little bit, lol.

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FrugalWahms (@FrugalWahms) August 2, 2012 at 12:27 am

Time and Money Saving Tips for New Homeowners http://t.co/nFgboBFb via @newlywedsurvive

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Home Insulation August 2, 2012 at 4:52 am

The insulation tip is a massive one. I would recommend getting this sorted first, as your list highlights. Don’t just stop at the loft though. There are plenty of solutions for walls as well and this can help to save even more money.

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Bonnie F August 2, 2012 at 6:31 pm

These are some great tips! Thanks!

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Stacey August 3, 2012 at 12:12 pm

You are welcome, Bonnie! Hope they are helpful.

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Melissa S August 3, 2012 at 12:05 pm

This is a great list! I’ve been sucked into watching Holmes on Homes on tv and I’m sure he would approve of these tips!!
Melissa S recently posted..Fantastic Friday ~ Favorite blog posts from around the web #2My Profile

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Stacey August 3, 2012 at 12:09 pm

Oh how I wish we had cable tv again! I miss these shows…we just have TiVo with a digital antenna. I have still found some home shows though, so I still get a taste!

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Erin August 3, 2012 at 1:43 pm

This is a great list for new (and old) homeowners alike! I love watching the HGTV home shows as well. lol

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Clarinda Olenslager August 3, 2012 at 3:55 pm

These are some pretty good tips. We need to check around our chimney for air leaks but the rest are already taken care of.
Clarinda Olenslager recently posted..Preparing for ChurchMy Profile

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Stacey August 6, 2012 at 12:05 pm

Great, Clarinda! We just bought our house in November, and we need to get moving on these tips as well.

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Nancy Walstead August 3, 2012 at 4:12 pm

Awesome information ~ I wish I knew half of what I know now when we purchased our new home. The water heater blanket was essential in extending the life of our second water heater !!! Something I wish we knew before the first one went!

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Kathleen August 5, 2012 at 9:19 am

Wow that hand freaks me out too. Great tips. I want to look into getting a water heater blanket.
Kathleen recently posted..5 Points to Help Explain The #Olympics To Your KidsMy Profile

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Suzie W. August 5, 2012 at 12:31 pm

Great tips. Perfect especially for people who purchase an older home.

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Ann Smarty (@myblogguest) August 6, 2012 at 8:00 pm

Time And Money Saving Tips For New Homeowners – Newlywed Survival http://t.co/PMJByJ9F by @MasterShieldGP via @newlywedsurvive #mbgcontest

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Shahzad Hassan Butt (@Shahzad_Butt) August 6, 2012 at 8:14 pm

Time And Money Saving Tips For New Homeowners – Newlywed Survival http://t.co/JqfDNtfM by @MasterShieldGP via @newlywedsurvive #mbgcontes…

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Newlywed Survival (@NewlywedSurvive) August 8, 2012 at 12:35 am

Time and money saving tips for new homeowners http://t.co/oD5xhQNU A guest post from Peter Bruzzini

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