Over the last few years, buying environment friendly products for the home has become an increasingly important consideration for homeowners looking to make “green” improvements to their living space. To address this growing need, products such as flooring, lighting and paneling, as well as materials like paint and varnish are now readily available for virtually every remodeling project and every room in the house.
Numerous States have now also adopted legislation that limits the use of products that contain harmful fumes or chemicals. The good thing about this is, other than the obvious Green benefits, that many of the products that adhere to the new legislation are also becoming more affordable and are therefore more likely to be found on the shelves in our local hardware and home improvement stores.
See The Light! And Still Save on Energy Bills
It’s no secret that energy prices have soared and if you are planning a home improvement project, one of the simplest ways you can protect the environment – as well as save money – is to use less electricity.
Lighting and major appliances consume the most electricity; simply by switching to fluorescent bulbs, you can save up to 30% a year on your electricity bills. You can save a noticeable amount of money on your lighting costs by painting walls a lighter color, thus distributing light more effortlessly as well as making rooms appear brighter.
Leaking ducts can account for a surprising amount of wasted energy – up to 30%. If you are planning to caulk around ducts, vents and windows be sure to use a product that complies with recent regulations concerning the use of less VOCs in its manufacture. These are volatile organic compounds which contain pollutants that damage the ozone layer, and also contribute to producing smog.
Paint may be your biggest cause of concern if you are planning a home improvement project. Read the small print on the tin to make sure it complies with VOC standards – almost 30 brands are now readily available. Typically, lighter colors of paint tend to contain fewer VOCs.
Tip-Top Countertops
Kitchen countertops are an area where it is possible to help the environment. A recent innovation is a countertop made entirely of recycled paper and water-based resin. You can also install countertops made of paper and cement so that the production involves no quarrying that damages the land.
The bathroom is one of the most important areas where you can help protect the environment. Around 75% of all water used in the home is used by the bathroom shower, toilet and sink combined. Low flow or adjustable showerheads are easy to install and a dual flush toilet – offering a full or half-flush – can potentially lower a typical water bill by up to $75 a year. An estimated 4 trillion gallons of water would be saved every year in the United States if every household installed a dual flush toilet.
The Japanese are well known for their inventive labor-saving and technologically advanced devices. One of their latest innovations may soon be commonplace in the United States – an ingenious combination toilet/bathroom sink – you wash your hands in water that is then used to flush the toilet.
Get Floored! In The Utmost Style of Course
And one of the biggest trends in home improvement? Many people, especially those moving into a new home, consider installing a new floor covering as one of their most important projects. Cork, bamboo and reclaimed wood flooring all have a strong visual appeal as well as helping the environment, and in recent years, these alternative materials for flooring have become popular.
Cork flooring has excellent insulating qualities and can save on energy costs; it also reduces noise and can help keep a home free from allergens. What’s more, it is surprisingly tough as well as being water resistant.
And one other thing to keep in mind if you are “going green” when remodeling or improving your home. Always dispose of old or unwanted materials safely – many materials can be donated for people to reuse, or otherwise recycled. If in doubt, check with your county recycling program.
The next time you are making improvements to your living space be sure to do your bit to protect our precious planet… Go Green!
By: Tom Willmar
Posts Tagged ‘Remodeling Project’
Going ‘Green’ with Environmentally-Friendly Home Improvement Products
January 27th, 2010Claiming a Home Improvement Tax Deduction
December 24th, 2009
The approach of spring often encourages homeowners to start considering home improvements and repairs. However, before you start getting out the hammer and nails or hiring a contractor consider if your home improvements may be eligible for a home improvement tax deduction.
The first thing the homeowner must understand is the difference between a home improvement and a home repair. Simply put, a home repair is classified as fixing a problem. For example, repairing a hole in the roof, fixing a leak or repainting a room would be considered repairs. On the other hand, remodeling a kitchen, adding a couple of rooms, building a garage or installing a swimming pool would be classed as improvements. These improvements add to the living amenity of the home’s owners and usually add value to the home.
The Internal Revenue Service sets out strict guidelines on how a homeowner can claim a tax deduction for home improvements. It is strongly recommended that before you hire a contractor or start any home improvement works that you obtain advice from you tax consultant or from the local office of the IRS
Tax deductions can fall into any of several different categories. A medical condition that required providing disabled access to home would normally be classed as a home improvement.
There is a special tax deduction for victims of Hurricane Katrina. Consult with the IRS regarding the Katrina Emergency Tax Relief Act as it increases the permitted qualifying home improvement loans.
If you are planning improvements to an area of your home that is in need of repair you may be able to include the repair as an improvement. The Tax Act states that where a repair is carried out in the same area of the home that is being remodeled then the repair can be included as part of the remodeling project. So, if you are planning on remodeling your kitchen don’t forget to take care of the leaking pipes at the same time and claim the entire project as a deduction.
Tax Credits vs Tax Deduction
Tax credits can also provide significant savings to the homeowner. Whilst a tax deduction for home improvements can reduce the amount of income on which tax is payable, a tax credit directly reduces the tax itself. Tax credits are available for many types of home improvements. For example, installing insulation, adding energy-efficient windows, and some types of highly efficient equipment for cooling and heating, and solar water heating may all qualify for tax credits.
By: Alison Stevens
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taxact home improvement