Home insulation might seem to be a daunting and expensive task, but it is worth the investment. Home insulation not only makes your home more comfortable but also can save you money on your energy bills.
But how much do you need to invest for insulating your home? If home insulation is one of the projects in your home improvement to-do list this year, here are a few factors to consider that will help you determine the cost of your home insulation.
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Insulation Type
There are different types of insulation available in the market, and each type has its own set of benefits. They all differ in terms of R-value, durability and cost. A professional installer will advise you on the type of insulation that is best for your home. The most common types of insulation systems incude;
- Spray Foam Insulation; This insulation type is made of two chemicals that are mixed and sprayed using a spray foam gun onto the basement walls sealing even the smallest gaps and cracks. However, it is also one of the most expensive options with an average cost of $0.44 to $0.65 per square foot. But because of its durability, you find that it is a long term investment.
- Fiberglass Batts And Rolls; This type of insulation is made from recycled glass. It comes in pre-cut lengths that fit snugly between the studs in your walls. They range from $0.44 to $0.65 per square foot. Fiberglass batts and rolls are a cost-effective option and have an R-value of around three to four per inch. They are easy to install but need to be replaced every ten years or so.
Size Of The Project
Insulation costs vary depending on the size of your project. For example, a small attic insulation project will cost less than insulating an entire home. The area and the R-value required, will also affect the cost of your insulation project.
The overall size of your project will also affect the labor costs associated with it. If you hire a professional installer, then you need to factor in their hourly rate. Larger projects will require more time to complete and will therefore be more expensive.
The Climate You Live In
The climate you reside in will also play a role in how much you need to invest for insulating your home. If you live in an area with extreme temperatures, then you will need to invest more money in insulation. This is because homes in these areas are at a higher risk of heat loss and energy bills.
For areas that are cold or likely to flood, you need to factor in the cost of insulating your basement. This is because basements are more susceptible to moisture and dampness, which can lead to mold and mildew growth. A dehumidifier will also be required to keep the basement dry.
Room Or Part Of The Home That Need Insulation
Where the insulation will be placed will also affect the overall cost. A house must be insulated from the ground up in order to be effective. Below are areas that you can choose to insulate and the average cost associated with each.
- Basement Insulation Cost; The cost of insulating your basement will depend on the type of insulation you choose and the size of your basement. It ranges between $1.50 and $2.50 per square foot. Basements rarely need as much insulation as the rest of the house because they are mostly below ground level.
- Attic Insulation Cost; Approximately $0.44 to $0.65 is the cost per square foot for attic insulation. This can be done during construction or as a retrofit project. The price will be higher if you need to install new sheathing or framing.
- Walls Insulation Cost; The price of wall insulation varies depending on the type of wall you have. Brick or concrete walls are more expensive to insulate than wooden stud walls. The cost also varies depending on the R-value you require.
With this useful information, you can now make an informed decision on how much to invest for insulating your home. Remember, the cost of insulation is an investment that will save you money in the long run. Be sure to make the right choices that will not only save your expenses but will also keep your home comfortable all year round.
