Home renovation is a great way to jazz up your home, but it can also be an expensive undertaking. According to madison.com, homeowners spent 20% more on home remodeling in 2021 than in the previous four years.
Fortunately, there are plenty of low-cost projects that can have a big impact on the look and feel of your home without breaking the bank. These remodeling ideas will give you some inspiration for updating any area of your house on a budget:
1. Paint Your Cabinets
Painting your cabinets is an easy and inexpensive way to update your kitchen. To keep costs low, go with a neutral color. Choose from white, beige, or gray paint that is high-quality and easy to clean.
Most importantly, make sure you have an eye for design when choosing the right color. If you’re painting the inside of your cabinets
make sure it compliments the walls as well.
2. Add Wood Accents to Walls and Ceilings
Adding wood accents to the walls and ceilings in your home is a great low-cost way to give it some personality. You can do this yourself with a weekend’s worth of time or have someone come out and do it for you.
As per Grand View Research, the global wood-based panel market’s worth is expected to be $247.23 billion by 2027, increasing at a compound annual growth rate (CAGR) of 6.9%
Adding wood accents will make any room feel cozier, so if you’re trying to decide between different room colors or wallpapers, consider going with something neutral and then adding some wood accents to create contrast. You can also try using different types of wood on different walls. The idea here is that you don’t want all your wood pieces to match exactly.
3. Replace Cabinet Hardware
Replacing cabinet hardware is one of the easiest and most effective ways to update your rooms. You can choose from a range of styles, finishes, and materials for knobs, pulls or handles, and you won’t need to do any demolition. It’s also one of those home improvements that will pay for itself over time because you’ll be able to sell your house for more money when it’s time to move out.
You have many options when it comes to replacing the hardware on your cabinets:
- Wood cabinets: Choose brushed nickel or oil-rubbed bronze hardware if they match the color scheme of your kitchen well enough. If not, try other metals like chrome or stainless steel.
- Metal cabinets: Oil-rubbed bronze is always in style with metal cabinets. But if you’re looking for something with more visual interest, opt for a polished nickel instead.
4. Install a Tile Backsplash
If you’re up for a DIY project, installing a new tile backsplash is as easy as pie. A DIYer can install a tile backsplash in an afternoon, but if you want more bang for your buck, consider hiring someone with experience installing tile.
You can find an entire step-by-step guide on how to install a tile backsplash that’s perfect for homeowners looking to complete their next home improvement project on their own.
5. Update Existing Appliances With Newer Energy-Efficient Models
One of the most important things in remodeling a house is updating its existing appliances with newer energy-efficient models. If you have an older wood stove, consider replacing it with a modern gas or electric model.
Install a programmable thermostat to save energy by setting your heating and cooling units according to your schedule so that they’re not running when no one is home or asleep at night. You can also install a programmable switch on electrical outlets near appliances like lamps or televisions, which will allow them to automatically turn off after using them for a certain amount of time, saving more money on your utility bill.
6. Install New Countertops
A new countertop is an easy fix for a dated kitchen. Look for one that complements the existing style of your cabinets but also fits into your budget and will be easy to maintain. Your goal should be to find a durable countertop that can stand up to everyday wear and tear without chipping or cracking.
7. Renovate Your Roof
A roof renovation is a great way to change the exterior of your home. In places like River Ridge, Louisiana, which mostly has Greek and French architectural styles with steep roofs, roof renovation and maintenance is a periodic thing. For such places, a roofing contractor is a necessity.
For roof renovation projects, it is best if you hire a local and experienced contractor. Local contractors know the building codes and can ensure the roof is within the limit of state provisions. Hiring a contractor in River Ridge, LA, will also save you from mistakes. You can find a contractor through references or by searching online.
8. Replace Dated Flooring With Updated Vinyl Laminate
Vinyl flooring is another great choice for homeowners looking to update their homes for a reasonable price. According to Fortune Business Insights, the vinyl flooring market was worth $30.61 billion in 2020. It is expected to grow from $32.37 billion in 2021 to $51.45 billion in 2028, exhibiting a growth rate of 6.8% during the period.
Vinyl flooring can be installed over existing floors and is available in various styles, colors, and textures. It’s also easy to clean with household cleaners or even an old toothbrush. Vinyl floors are typically waterproof, making them great options for bathrooms.
There are many more home-renovation ideas to explore. But the key to making them work for you and your family is planning. If you think about what you want and plan accordingly, you’re more likely to have a successful project that doesn’t leave anyone feeling stressed out or wishing they hadn’t done it in the first place.