Remodeling your home is a great way to increase the value and curb appeal of your home, but it can also be the perfect opportunity to make a profit as well. Building an accessory apartment, installing solar panels, and replacing your roof are all great ways to make a bit of money off of your home.
Replace Your Roof
One of the best ways to save yourself a bit of money is to cut down your monthly utility bills. An easy way to do this is to replace your roof with one that can actually make your home a bit cooler in the summer, which will cut down on the amount of time you spend with your air conditioner on.
A copper roof can accomplish this goal because its reflective surface will direct the sun's light away from your home, rather than absorbing it like other roofing materials do. This will prevent the absorbed light from heating up the interior of your home.
Another great way to earn money with your house is to install solar panels on your home. Solar panels can help you cut down on your utility bills by producing enough electricity to power at least a portion of your home. However, if you produce more electricity than you use, than you can often sell that electricity back to the power company in your area.
The amount that you get will vary depending on your area. Places that frequently experience power outages will often pay a premium for the power you provide in order to lower the strain on their systems. Other areas may only pay you a portion of the amount that they charge for power, or place a limit on the amount that you can sell them.
Finally, building an accessory apartment is one of the best ways to make your home earn you money. An accessory apartment is often built in the basement or garage of a home, and will contain its own utility hookups, kitchen, bathroom, and entrance. The benefit of this remodel is that you can then rent out the accessory apartment to make a bit of extra spending money, or even pay a portion of your mortgage.
Speak to a contractor like Sherman & Walton INC today in order to discuss the many remodeling projects that can save or earn you money. Accessory apartments, solar panels, and new roofing are all fantastic ways to make money from your house.