• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Prosper Blog

Personal Loans Home Equity Line of Credit (HELOC)
  • Blog Home
  • Company News
  • Investor Updates
  • Product Announcements
  • Financial Wellness
  • HELOC

5 Tips That Will Save You Money on Your Winter Home Improvement Projects

January 25, 2017 by Jennifer Clark

home improvement projects, Prosper Blog

Winter can be a great time to tackle one or two home improvement projects that will not only have your home warm and cozy, but save you some serious dough. Here are five tips to get you started:

1. Do your homework.

If you’re going to hire a contractor for your project, try to get quotes from at least three. Compare rates for labor costs, as well as overhead and profit margins. Some contractors offer more competitive rates during slower months. Sites like HomeAdvisor not only connect homeowners with trusted contractors, maintenance and handyman, but the site also offers design inspiration, budgeting tools and suggestions on how to finance your next project, including taking a personal loan through Prosper so the cost of the renovating is manageable.

2. Manage your project digitally.

Smart applications like HomeZada can help you manage your household, including planning your next home improvement project. HomeZada helps you keep track of invoices, receipts, warranties and even before and after pictures. This can be helpful for multiple reasons including updating your maintenance schedules, holding your contractor accountable for doing quality work, and having this information available can help you market your home in the future when you’re ready to sell it.

3. Install a programmable thermostat.

A programmable thermostat is a home improvement project that you can easily do yourself and you’ll start saving money immediately. With programmable thermostats, not only you can adjust the temperature to the exact point of your own personal comfort, but you preset temperatures for different times of the day, so the heat lowers automatically while you’re away, ultimately lowering your energy usage. Smart or learning thermostats like NEST don’t even have to be preset. Just start using them, and in about a week they learn your habits and program themselves.

4. Seal up your home.

Make sure your home stays warm and cozy by making sure windows and doors are properly sealed and caulked. If your home is older, you may need to add more insulation in the attic, basement and crawlspaces to prevent heat loss.

5. Don’t forget about exterior projects.

Wintertime is a perfect time of year for interior projects, but make sure you do not neglect outdoor items like pools, fences and decks. Companies like Decking Hero say with the right maintenance your deck can last up to 30 years, so be sure to cover up and treat outdoor items accordingly this winter.

Financial Wellness, Prosper Blog

Primary Sidebar

Connect with us

Facebook Twitter LinkedIn

For press releases and media inquiries: Prosper in the News or [email protected]

Categories

  • Blog Home
  • Company News
  • Investor Updates
  • Product Announcements
  • Financial Wellness
  • HELOC

Recent Posts

  • HELOC vs. Cash-Out Refinance: What’s the Difference?
  • 11 Ideas for What to Do with Your Tax Refund This Year
  • How to Budget Better in 2021 and Why You Need to Start Now
  • Prosper Performance Update – January 2021
  • Filing Taxes: What You Need to Know Before Tax Season

Prosper LoansFollow

Prosper Loans
ProsperLoansProsper Loans@ProsperLoans·
27 Jan

Thanks @lendit for highlighting Prosper an option for non-accredited investors to earn solid returns. https://www.prosper.com/invest
#fintech

LendIt Fintech@LendIt

With @LendingClub's retail #investment platform closed down we went looking for #HighYield alternatives. This is what we found: https://www.lendacademy.com/12-alternatives-for-lendingclub-investors
#FintechNews #FinancialServices
@ProsperLoans @fundrise @groundfloor_com @kickfurther @BlockFi @GoSteward @NSRInvest

Reply on Twitter 1354475897798029312Retweet on Twitter 1354475897798029312Like on Twitter 13544758977980293122Twitter 1354475897798029312
Load More...
  • Financial Wellness, Prosper Blog
    How to Manage Credit Card Debt Wisely in 9 Steps

    According to Experian’s 2019 Consumer Credit Review, 75% of American consu...

  • Financial Wellness, Prosper Blog
    Filing Taxes: What You Need to Know Before Tax Season

    It’s that time of year! To help you prepare ahead of filing taxes this tax...

  • Financial Wellness, Prosper Blog
    How to Budget Better in 2021 and Why You Need to Start Now

    Budgeting may seem like an archaic skill in a world of well-designed banki...

  • Company News, Investor Updates, Prosper Blog, Uncategorized
    2020 Tax Guide for Prosper Investors

    It’s tax season, and to help Prosper retail investors navigate the process...

  • Financial Wellness
    Using a HELOC to Pay Off Your Mortgage

    Taking out a HELOC to pay off your mortgage is a common practice among many...

Footer

  • Borrow
  • Invest
  • About Us
  • Press
  • Blog
  • Careers
  • Help Center
  • Contact Us
  • Legal
  • Prospectus
  • Financial Professionals
  • Developers

Prosper and WebBank take your privacy seriously. Please see Prosper's Privacy Policy and WebBank's Privacy Policy for more details. Prosper makes no representations as to the accuracy or completeness of any information provided on this Blog, which is intended for discussion purposes only. Opinions expressed in articles posted to this blog are the author’s own and may not reflect the opinions of Prosper. All personal loans made by WebBank, Member FDIC.

Prosper’s Notes are offered by Prospectus filed with the SEC. Notes are dependent for payment on unsecured loans made to individual borrowers. Notes are not guaranteed or FDIC insured, and investors may lose some or all of the principal invested. Prosper does not verify all information provided by borrowers in listings. Investors should review the Prospectus and carefully consider these and other risks and uncertainties before investing. None of the information provided on this Blog is intended to be investment advice.

Prosper Marketplace, Inc. NMLS#111473 (http://www.nmlsconsumeraccess.org)
All HELOCs are underwritten and issued by our banking partners. Refer to www.prosper.com/heloc for more information. Links to third party sites are provided for your convenience and do not constitute an endorsement.

Equal Housing Lender

© 2005-2021 Prosper Funding LLC. All rights reserved.

Copyright © 2021 · Genesis Sample on Genesis Framework · WordPress · Log in

Go to mobile version