There are plenty of DIY projects that can transform your home on a budget. We’re not talking about the small-scale, one-time fix-ups you do with supplies from your local hardware store.
These are renovations that require more time and up-front investment but deliver lasting results. They also can add value to your property if you ever decide to sell it. Here’s our list of seven great budget renovation projects:
Add a new coat of paint to your living room
This is perhaps one of the easiest and most affordable touches you can do to upgrade your home decor. You can go bold with color or choose a soft, neutral tone that lets the art on the walls stand out. And don’t be intimidated by painting your walls a bright color.
Even if you’re not great with a brush, you can hire painters at an affordable rate to give you the look you want. This will also give you more time to focus on the rest of your home renovation projects.
Build a new deck
Building a deck is a great way to get started if you’re not sure where to start with your renovation plans. For about $5,000 and some elbow grease, you can have an entirely new entertainment space outside your house for lounging in the sun, hosting parties, or grilling with family and friends. A deck can increase your home’s resale value by up to 10 percent.
Upgrade the doors or windows
Upgrading your windows and doors is another relatively affordable project you can do on your own without the help of a contractor.
The right materials and installation by you will add curb appeal and increase the energy efficiency in your home. And, if you’re looking to add new windows or doors that complement your home’s design and give it a fresh feel, look for an option with decorative glass.
Install a new kitchen countertop
If you’re going to spend money on a home renovation project, updating your kitchen is a good place to start. Kitchens are the most frequently remodeled room in most homes and usually offer the highest return on investment of around 84 percent when sold. A granite kitchen countertop is still the best choice. Granite is durable and comes in a wide range of colors.
If you want to go with something less expensive, consider laminate countertops, which come in various designs and mimic the look of more expensive materials like marble and quartz.
Replace your bathroom vanity or bathtub
If you’re remodeling your bathroom, there are a few affordable renovation projects you can do that will give the room a whole new look. For example, if your bathroom has an old vanity or bathtub, consider replacing it with a shower stall and walk-in shower enclosure. Showers are easier to maintain than bathtubs and have more contemporary appeal.
If your sink is outdated or stained, consider refinishing it with a new color or material. This is an inexpensive option that won’t cost you more than $100.
Update the exterior lighting system
As you update your lighting fixtures and bulbs, don’t forget to bring your exterior lights up to date. Outdoor light fixtures give the impression of a well-lit house and make guests feel welcome at night. Also, installing security lighting will keep your home safe from intruders.
The most affordable way to do this project is to replace any burnt-out bulbs and upgrade your outdoor light fixtures if they are older or don’t work properly. You can also replace the exterior switches that control the lighting with wireless versions.
Create a garden oasis
If you’re looking for an affordable renovation project that’s also good for the environment, consider adding a garden oasis to your backyard. You can do this by planting trees and flowers or building a backyard pond and patio.
Creating a garden offers aesthetic value and will give your home more curb appeal, which in turn may help you get more for your money when you sell your home.
A garden oasis can also increase your home’s value. To make this project more interesting, you can add a garden shed, water features, or a gazebo to enhance the relaxing atmosphere.
Before beginning any renovation project, do your research first so that you have a good idea of what materials are available and how much it costs to install them. This will help ensure that you get the best return on your investment.
Another way to save money is to get quotes from multiple vendors before making a final selection. It may be helpful to ask friends and family for recommendations of companies they’ve used in the past, but be sure to check company reviews online as well. Also, make sure you take advantage of any available discounts from home renovation stores.