What would you do with $20,000? #GreenYourRoom

So a few weeks ago I talked (a lot!) about Jonathan and Drew Scott and the Scotiabank #GreenYourRoom contest.

Remember these two?

ProBros

Screen Shot 2014-04-28 at 4.30.59 PM

Why Green Renovations?

Why am I suddenly talking about eco-friendly renovations?

Well, a recent Scotiabank survey revealed that while two-thirds of Canadian homeowners would consider making their home more energy efficient or environmentally friendly by considering green home renovations, over half have trouble seeing past the perceived price tag…. David Stafford, Managing Director of Real Estate Secure Secured Lending at Scotiabank, says that “In actuality, a green home renovation is an investment that may provide significant cost savings over time as it can lower your monthly operating costs, while at the same time adding value to the purchase price of your home.”

By way of example, upgrading the insulation in your ceiling and exterior walls will help make your home more energy efficient, saving you money on heating and cooling bills. With that change you can be expected to save as much as 30 or 35%, which works out to about $540 or $630 in annual savings!

And while that may not equal an annual vacation, make a few additional upgrades and the annual savings could add up to a nice trip south, or, more money in the bank.

What Would I Do With $20,000?

So let’s say I was to enter the #GreenYourRoom contest and win…

Wait, let’s pause a second for a little celebratory hoot.

WAHOO!!!

Okay, so what would I do with a $20,000 green renovation?

I think the first thing I would address in our house would be the windows (we already added in insulation, which has a higher return on investment – windows was our natural next eco-friendly choice). Currently they are old and quite frankly in need of either repair or replacement. I’m pretty sure we lose a lot of heat through them in the winter.

Bonus of replacing the windows – a nicer looking exterior.

Then, believe it or not, I think Dean and I would consider installing some solar panels on our back roof.

Really!

We have a backsplit and thus have basically two roofs that face south. The back one is the perfect spot to perch solar panels for some green energy. Ongoing greener energy and I don’t have to look at solar panels on the front of my house! Imagine the savings over traditional energy bills too!

And that would probably take care of the rest of the $20,000.

Wait, What About the Consult with Jonathan and Drew?

I haven’t forgotten this fun part!

MC-BVB-949smaller

MC-BVB-975smaller

If I had an hour, I would ask the boys about all things design and decor. Like I mentioned in my last post, I interviewed Jonathan and Drew over the phone and it was a riot (informative, but loads of fun too).

And I’d love to know what they’d do to our house!

Oh and don’t forget that Jonathan and Drew will be on social media chatting it up. Their next chat will be held on Thursday, June 26th at 2:00 p.m. and will cover tips for homeowners deciding to renovate or relocate. Bonus! The brothers are hosting two additional social media chats after this one, I’ll be sure to post the dates once they’re released. But, if you’re debating whether to renovate to make your home work or whether to sell and move to a different house, chime in to the June Twitter conversation, ask for the brother’s advice and get social!

Other topics will cover how to keep current in your “forever” home and the benefits of downsizing and multi-sizing – those guys have got answers for homeowners at every stage!

What Would YOU Do with $20,000?

So what would YOU do with $20,000 towards a green renovation? Windows and doors? Insulation? New appliances?

Tell me in the comments and then go and enter the Scotiabank #GreenYourRoom contest!  For full contest rules and regs, visit scotiabank.com/greenyourroom

Who knows? You may just win!

 

This post is sponsored by Scotiabank.

 


Want a little faith-filled creative goodness sent your way?



Comments

  1. Alice Hanson says

    I would use my “green” in my back room. It was an addition that needs sprucing !
    Smiles, Alice

  2. Cindy Trobaugh says

    Where do I start…. Windows,Attic,Doors in and Out,Kitchen Sink, Faucets and Wiring and Lighting..Whew…

  3. Judi says

    I live in a mobile home. I would put a regular trussed roof on. And new siding with insulation behind it. If there was any money left over I would see if I could replace a window or two.

  4. Dee Tracy says

    I would love to “green” up our home by replacing windows and even eliminating a couple to add more wall space inside and make our home more energy efficient. Thanks so much for the opportunity to enter the contest. I love those ultra- talented, funny brothers!

  5. Kim G says

    I think the first thing I would do is put in new windows (I already have solar screens, but the windows need to be replaced). I would also put in a better heating and air conditioning unit. Ours is 15 years old and I’m scared it will die soon.

  6. says

    This is so easy for me…I would use the $20,000 to replace our asbestos roof on our English Tudor to a more earth friendly roof (I would use the consultation to advise on this). I love our house but unfortunately when we bought our house (fifteen years ago) our roof was listed as being “composite” and we were young and had no clue that meant asbestos, we thought they were just really cool architectural tiles. I would sleep so much better knowing we had a different roof over our head.

    Please consider us…#greenmyroof

What do you think?