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Money


6 HOME ITEMS WORTH THE SPLURGE 


AND 5 PRODUCTS WHERE GOING HIGH-END CAN BE A WASTE OF MONEY

--------------------------------------------------------------------------------

By

Donna Fuscaldo,

 

AARP
En español
May 30, 2023
Getty Images
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Sometimes a bargain isn’t a bargain if it will cost you more over the long run.
That’s particularly true in your home. Sure, buying something on the cheap may
seem like a deal, but if you have to fix or replace it, the savings will soon
disappear. 




“The things you splurge on and invest in should be based on the durability of
the item,” says Angie Hicks, chief customer officer of Angi (formerly Angie’s
List), the home repair referral company. “For structural and mechanical things,
you want to buy items that will last.” 

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Your furnace is one place it pays to splurge. These heating systems typically
last 15 to 20 years. You can get one on the cheap, but it may not yield any
energy savings. Plus, it may need repairs or replacement sooner than a pricier
model. Water heaters, heating and cooling systems, and any other mechanical
items vital to running your home all are areas where an up-front investment is
worthwhile, says Hicks. 



But that’s not to say everything in the home is worth a hefty price. For some
items, cheaper tends to be the better deal. Often they’re products you will swap
out or won’t use much. With that in mind, here are six home products where
going high-end is worth the investment and five where you’ll be fine with a
no-frills option. 




ITEMS WORTH THE SPLURGE 



1. LED light bulbs 



Although LED light bulbs typically cost 400 percent more than traditional
incandescent bulbs, they tend to be well worth the extra money. Not only do they
use as much as 90 percent less energy — they have a 25-times-longer life span.
“You might pay more for the bulbs, but they last a heck of a lot longer,” says
Hicks. “You save money over the long run, and they’re better for the
environment.”



Soon you may not have a choice. The U.S. Department of Energy (DOE) last year
issued a rule to ban the production of energy-sucking light sources in 2023. At
some point after that, manufacturers will be able to sell only energy-efficient
light bulbs.



2. Smart programmable thermostat


ENERGY EFFICIENT VS. NON-ECO 

LED light bulb: $5 to $10

Incandescent bulb: $1 to $2

Non-programmable electronic thermostat: $20 to $50 

Electronic programmable thermostat: $20 to $150 

Smart thermostat: $130 to $300

Properly controlling your heating and cooling is a surefire way to keep energy
costs down. An easy way to do so is with a smart programmable thermostat. These
Wi-Fi-enabled devices let you control your home’s temperature remotely. Sure,
they cost 550 percent more than traditional thermostats, but energy savings,
and thus the return on investment, can be quick. You can save 8 percent on
energy costs, according to the U.S. Environmental Protection Agency and the
DOE’s Energy Star. Savings may be greater in parts of the country that
experience cold and long winters. “A smart thermostat can control everything in
your house to keep you comfy,” says Lisa Davis, an Offers.com shopping expert.
“It can learn your schedule, balance temperatures throughout the day and, best
of all, ensure your home will use less energy, saving you money on your
electricity bill.” 



3. Energy audit



Leaky windows, doors and outlets are only a of the few energy sappers that, left
unchecked, can waste a lot of money. That’s why Hicks says an energy audit can
be worthwhile. Energy audits cost between $208 and $676, depending on the size
of the home and the level of the audit, according to Angi. “An energy audit
returns money right away. It’s one of the low-hanging fruits that let you save
on every utility bill,” says Hicks. With an energy audit, you get a full
assessment of where your home is wasting energy. It will identify drafts,
temperature inconsistencies, heating and cooling system breakdowns, and any
other energy deficiencies. 




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4. Green appliances 



Washing machines cost as little as $500 to as much as $2,500. A dryer is in the
$400 to $2,000 range. And a refrigerator will set you back between $600 and
$2,300. Prices vary based on size, output and energy efficiency. But is it worth
spending a small fortune to consume less energy? According to Davis, it is.
“Eco-friendly smart appliances and tech are a surefire way to save money and
energy in your home, while also being friendly to the environment — and they’re
absolutely worth the investment,” says Davis. Depending on the model year,
swapping out an old refrigerator for an Energy Star–certified one can save you
up to $200 on your annual electricity bill, according to Energy Star. 

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5. Mattress 



A good night’s sleep is important for physical and mental health, and what
better way to achieve that than with a good-quality mattress? Sure, you may
have to splurge, but you’ll have it for years. The same applies to a sofa. If
that’s where you and/or your family relax, make sure it’s sturdy and comfy. 



6. Flooring 



Whether you prefer carpet, wood or other types of flooring, don’t skimp,
particularly for high-traffic areas. You want something that will last, and
that you won’t have to repair or replace in short order. “Your floors will take
a beating, especially if you have kids and/or pets,” says Hicks. She advises you
make sure your flooring is durable and long-lasting, and can stand up to
that.




ITEMS TO BUY ON THE CHEAP



1. Accent furniture 



You don’t have to spend a fortune on an accent table, bar cart, bench or other
piece of accent furniture. Tastes change. That coffee table you loved three
years ago may be the bane of your existence today. “While it’s typically
recommended to invest in quality pieces for larger items like couches, dressers
or coffee tables, accent furniture is where you can find fun, affordable pieces
for less to liven up your home,” says Kristin McGrath, a savings expert with
RetailMeNot.



When deciding which items to go cheap on, McGrath says to think of those you
rarely use and put them on the bargain list. “A coffee table in your living room
might be something that needs to be durable and high quality enough to
withstand kids and pets bumping into it and having drinks and snacks set down on
it every day without becoming dinged up and scratched. But a small table in the
corner that holds a lamp and a framed picture doesn’t need to be as high
quality.”



2. Window decorations 



Expensive curtains may make your house look nice, but you better love them
forever, especially if you spend hundreds of dollars on them. If you opt for
inexpensive ones, you can swap them out as your taste changes. “Curtains are an
item where you can find surprisingly great quality and chic styles for
rock-bottom prices at a number of retailers,” says McGrath. 



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3. Area rugs 



If you have pets, kids, lots of visitors or all of the above, there’s a pretty
good chance your area rugs will take a beating, which is why this a category you
can cheap out on. “Many retailers and brands have upped their game [insofar
as]providing quality and convenience when it comes to purchasing area rugs,”
says McGrath. 



4. Bedsheets 



Sheets are part of a good night’s sleep, but that doesn’t mean you have to
spend hundreds of dollars on them. Sheets are available at all price points,
and even the cheaper ones will provide comfort. Pro tip: When shopping for
sheets online, make sure to check out the reviews. If they are overwhelmingly
glowing and the price is good, go for it. 



5. Glassware 



Having a nice set of glassware might be at the top of your shopping list,
especially if you entertain a lot. But you don’t have to drop a small fortune to
look like you did. Thrift stores, flea markets and even garage sales are good
places to hunt for bargains. “You can often find pieces for pennies on the
dollar at your local thrift store — plus, they’ll be completely unique,” says
McGrath.


%{postComment}%

Donna Fuscaldo is a contributing writer and editor focusing on personal finance
and health. She has spent over two decades writing and covering news for several
national publications including The Wall Street Journal, Forbes, Investopedia
and HerMoney.


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10 New Shopping Trends You Need To Know

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MEMBERS ONLY
Finances

AARP® Essential Rewards Mastercard® from Barclays

3% cash back on gas station and eligible drug store purchases

learn more
See more Finances offers >
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MEMBERS ONLY
Health & Wellness

Target Optical

Savings on eye exams and eyewear at national retailers

learn more
See more Health & Wellness offers >
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Finances

Retirement Calculator

Find out how much you will need to retire when and how you want

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234
 * 
 * 
 * 
 * 


 * MEMBERS ONLY
   Finances
   
   AARP® Essential Rewards Mastercard® from Barclays
   
   3% cash back on gas station and eligible drug store purchases
   
   learn more
   See more Finances offers >
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 * Finances
   
   Retirement Calculator
   
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 * Health & Wellness
   
   AARP Online Fitness powered by LIFT session
   
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