Tuesday, July 20, 2010

You can conduct your own Energy Audit

I saw this article on homelogic today.  Great information for the energy conscious homeowner.
 by: Jane Hodges

Self-starters don’t necessarily need a pro to assess their home’s energy deficiencies. With a little elbow grease and one of several free do-it-yourself guides to home energy auditing, you can get a good sense of where your home is leaking hot and cool air, and how your choice of appliances and your energy use contributes to energy loss.

What you’ll save on fixes

By following up on problems, you can lower energy bills by 5% to 30% annually, according to the U.S. Department of Energy’s office of Energy Efficiency and Renewable Energy. With annual energy bills averaging $2,200, according to Energy Star, investing in fixes or energy-efficient replacement products could save you up to $660 within a year.
And self-audits can cost virtually nothing if you already own a flashlight, ladder, measuring stick, candles, eye protection, work clothes, dust mask, and a screwdriver—or roughly $150 if you’re starting from scratch. As for time commitment, expect to spend two to four hours to investigate home systems, refer to utility bills, and conduct research about local norms for products, such as insulation, say experts.

Types of DIY audits

Since there are a variety of ways to conduct a do-it-yourself audit, you’ll need to know your tolerance for the tasks involved.
Some require you play home inspector, climbing into attics and crawlspaces on fact-finding missions and delving into unfinished portions of your home to look at duct work. Questionnaire-based audits rely the assumption that you can answer such questions as how many gallons of water your toilet tank holds to the R-value (thickness) of insulation in your home.
If you don’t have time to familiarize yourself with your home’s systems or confidence about diagnosing problems, are disabled, are squeamish on ladders and in crawlspaces, or are already planning to invest in a major remodel, you may benefit from hiring a pro.
Even homeowners who complete a self-audit often hire a professional to double-check their diagnoses. A self-audit may reveal drafts but not their exact source, such as ducts or insulation, for instance. Because the costs to address a draft can range from minor to major, investing in a paid audit may be justifiable.

What should you check?

All the home systems and appliances that contribute to energy costs. Here’s the breakdown of a typical home’s energy usage that Energy Star references:
  • Heating (29%)
  • Cooling (17%)
  • Water heating (14%)
  • Appliances (13%)
  • Lighting (12%)
  • Computers and electronics (4%)
  • Other (11%)

Self-audits hone in on details pros may not

While the pros use special equipment to focus on hard-to-research aspects of a home’s building envelope and indoor air circulation, DIY audits can teach you—based on the questions they ask—to identify and address the numerous small ways in which your home wastes energy.
Since lighting, electronics, and appliances collectively account for nearly 30% of the average home’s energy costs, you can make an impact on your bills by replacing old appliances with energy-efficient replacements and simple fixes—plugging appliances into power strips versus wall outlets, making sure refrigerator doors are properly sealed and don’t leak air, and opting for a programmable thermostat.

How to spot common energy leaks

1. Check your home’s exterior envelope—the windows, doors, walls, and roof exposed to outdoor air. Hold a candle or stick of incense near windows, doors, electrical outlets, range hoods, plumbing and ceiling fixtures, attic hatches, and ceiling fans in bathrooms. When smoke blows, you’ve got a draft from a source that may need caulking, sealant, weather stripping, or insulation.
2. Check insulation R-value or thickness. Where insulation is exposed (in an attic, unfinished basement, or around ducts, water heaters, and appliances), use a ruler to measure, recommends the DOE. Compare your results against those suggested for your region via an insulation calculator.
Although examining in-wall insulation is difficult, you can remove electrical outlet covers, turn off electricity, and probe inside the wall, the DOE notes in its DIY audit guide. However, only a professional’s thermographic scan can reveal if insulation coverage is consistent within a wall. Insulation can settle or may not be uniformly installed.
3. Look for stains on insulation. These often indicate air leaks from a hole behind the insulation, such as a duct hole or crack in an exterior wall.
4. Inspect exposed ducts. They may not work efficiently if they’re dirty, have small holes, or if they pass through unfinished portions of the home and aren’t insulated. Look for obvious holes and whether intersections of duct pipe are joined correctly. Since ducts are typically made out of thin metal that easily conducts heat, uninsulated or poorly insulated ducts in unconditioned spaces can lose 10% to 30% of the energy used to heat and cool your home, says DOE.

When should a professional make repairs?

The DOE recommends calling a contractor before insulating ducts in basements or crawlspaces, as doing so will make these spaces cooler and could impact other home systems, such as water pipes. Plus, these ducts might release noxious air. DOE also recommends you hire professionals to clean ducts periodically. If you’ve noticed that some rooms get disproportionately hot or cold, bring that to a pro’s attention. It could be duct related.
      
In addition, some DIY audits—like the City of Seattle’s free online audit guide
      
A self-audit, like a paid audit, serves as a jumping-off point to help you set priorities for making your home more efficient. Whether or not you choose to make repairs yourself, one thing’s for sure: You’ll come away knowing more about your home’s strengths and weaknesses than you did before.
Jane Hodges has written about real estate for more than half of her 16-year journalism career, for publications including MSNBC.com, Seattle Magazine, The Seattle Times, and The Wall Street Journal. In 2007 she won a Bivins Fellowship from the National Association of Real Estate Editors to pursue a book on women and real estate. Her work has also appeared in The New York Times, CBS’s BNET, and Fortune. She lives in Seattle in a 1966 raised rancher with an excellent retro granite fireplace. Latest home project: remodeling a basement bathroom.

Wednesday, July 7, 2010

Change Your Air Filters

Today is the seventh of July.  Make sure to perform your monthly  air filter change.  Check out Lowes for a rebate on Filtrete filters through July 31st.

Lowes Air Filters

Sunday, March 21, 2010

The Newest Real Estate Numbers for The Dallas Area

  • New Listings 26
  • Price Changes 18
  • Expireds 101
  • Closed 3
  • Pending 19
  • Active contingent 2
  • Back on Market 19
  • Leased 6
  • Extended 27
  • Temporary off market 2
  • Active option contract 1

Tuesday, November 24, 2009

How unemployment has affected us in the USA

Take a look at this graphical chart and see how dramatic the change in unemployment had been in the last two years. Click here to view the chart!

Monday, November 16, 2009

Pending sales remain strong for Collin County property. The Dallas suburbs of Collin County Texas remain strong when compared to both the national numbers an other local Dallas Metroplex numbers. Richardson continues to lead the pack with a 31% pending ratio. This represents a 6% increase over the same month last yea. Plano had a 7% increase while Allen showed a whopping 11% increase. McKinney weighed in at a 9% increase and Frisco came in at 8%. These numbers show the general recovery of the local real estate market in the far north Dallas Metroplex. While some of the increase can be attributed to the first time homebuyer tax credits the market in general is in a recovery mode. Chart Key P.S. = pending sales N.L. = new listings List = total listings M.I. = months of inventory P.R. = Pending Ratio (pending sales/Listings) %ch = percentage change vs last year P.S. %ch N.L. %ch List %ch M.I. %ch P.R
Plano 193 29% 361 6% 999 -18% 4.3 6% 19.32%
Richardson 73 26% 122 12% 230 -31% 2.9 -23% 31.74%
Allen 85 29% 126 -2% 336 -28% 3.6 -14% 25.30%
McKinney 142 34% 246 0% 739 -31% 4.7 -24% 19.22%
Frisco 203 34% 320 -5% 1093 -26% 4.7 -22% 18.57%

Third Quarter Home Sales Surge

I just saw this article on Rismedia. It is very interesting.

monday lead web [1]RISMEDIA, November 16, 2009—Most states continued to experience rising existing-home sales in the third quarter 2009, with prices moderating in many metro areas, according to the latest survey by the National Association of Realtors®. Total state existing-home sales, including single-family and condo, increased 11.4% to a seasonally adjusted annual rate of 5.30 million units in the third quarter from 4.76 million units in the second quarter, and are now 5.9% above the 5.01 million-unit pace in the third quarter of 2008. Sales increased from the second quarter in 45 states and the District of Columbia; 28 states and D.C. saw double-digit gains. Year-over-year sales were higher in 32 states and D.C.

Thursday, October 29, 2009

A Compromise Has Been Reached on Home Buyer Credit!

This just came in from Rismedia. This should help. RISMEDIA, October 29, 2009—(MCT/The Wall Street Journal)-The Senate has reached a compromise on extending and expanding the $8,000 tax credit for first-time home buyers, a boost the housing industry believes will help it pull out of its two-year-old downturn. While its passage remains uncertain, the agreement would extend the existing credit for first-time homebuyers, worth up to $8,000, while offering a new credit of up to $6,500 for some existing homeowners, Senate aides said. The reduced credit would be available to all homebuyers who have been in their current residence for a consecutive five-year period in the past eight years. Lawmakers in Washington also raised the qualifying income limits to $125,000 for single taxpayers and $250,000 for joint taxpayers, from the current $75,000 and $150,000, housing-industry sources said. Under the Senate compromise, buyers must have sales agreements in hand by April 30, but they will have until June 30 to go to settlement, said the sources. The measure still faces votes in the full Senate and the House. Treasury Secretary Tim Geithner and HUD Secretary Shaun Donovan are in full support of the Senate’s proposal to both extend and expand the first-time homebuyer tax credit and called on Congress to approve key housing measures that include the tax credit. "We welcome efforts taken by Congress to extend the First-Time Homebuyer Tax Credit for a limited period. This credit has brought new families into the housing market and contributed to three consecutive months of rising home prices nationwide," said Secretaries Geithner and Donovan. "In extending the credit, we urge Congress to include strict measures to combat tax fraud and protect responsible homeowners.”

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