If I get a holiday bonus from work, I try to use it to invest in my lake house plus property.
Even though this locale was built decades ago, I have slowly renovated it during the time living here.
Instead of spending it on alcohol or food, I’m building equity in my home. And because of my construction experience, I don’t need to pour lots of money into labor fees with a handyman or a lake house corporation. The real cost is in supplies like plywood which have risen in value over the past few years to a degree that the two of us have never seen before. You have to factor in the cost of materials whenever you’re planning a new improvement on your home. Unblessedly, my skills in lake house improvement projects do not extend into the world of heating plus cooling. On top of that, you can void warranties with HVAC manufacturers by installing or repairing their equipment if you’re not a certified HVAC specialist. But even when I found a nice HVAC supplier for my new heating plus cooling system, I got stuck trying to choose the equipment plus type of HVAC. I had learn about geothermal heat pumps however was taken aback by the silly cost of upgrade. But since my holiday bonus was a lot larger than I was first anticipating, I used that money as a downpayment on a geothermal heat pump while putting the rest of the equipment on a payment plan. Obviously the quality of my indoor climate control jumped with the geothermal heat pump, however I wasn’t expecting the value on my lake house to jump so high. I assume these are coveted HVAC systems plus are seen as the ultimate investment in climate control if money wasn’t an issue. They’re inaccessible to everyone unless they were blessed enough to find a lake house for sale that already has a geothermal heat pump installed.