What does it mean to weatherize my home?

Weatherizing your home involves making physical home improvements-such as insulation and air sealing-to reduce energy costs, improve comfort, and resolve issues such as ice dams, moisture, mold, cold spots and drafts. Improvements often focus on basement and attic areas.

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1. What does it mean to weatherize my home?
2. What should I do first?
3. How much will my whole project cost?