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7 Budget-Friendly Home Renovation Ideas

Moving into a new home can be an exciting and life-changing experience. You get to meet new people and try new things. And for avid DIY enthusiasts, this means a new home improvement project has fallen into your creative hands. While most home renovation costs are undeniably expensive, creating a lovely living space for you and your family doesn’t always have to break the bank. 

Here are seven budget-friendly home renovation ideas you can try at home!

Budget-Friendly Ideas to Improve Your New Home

Whether you’re trying to make your home more comfortable or aesthetically pleasing, our list of budget-friendly renovation ideas should help you achieve your goal. We included information on how you may apply each tactic to your home, as well as how much money it will cost you to do each project. 

1. A Fresh Coat of Paint

If your home’s current pain job is looking a little drab, a great way to improve the situation is to apply a fresh coat of paint on your walls. Repainting your walls can add more depth and character to your home. It can also affect the way you feel about your home, depending on the colors that you choose. 

While most people outsource paint jobs to professional painters, experienced DIY-ers are perfectly capable of doing the job themselves. You can watch helpful DIY painting tutorials online to refresh your memory and avoid committing errors during your project. 

How to Paint a Room – Basic Painting Tips – YouTube

Cost: $2 to $6 per square foot

2. Change the Kitchen Backsplash

Are you tired of your plain white kitchen backsplash? You can mix things up by switching your original backsplash to something more colorful and contemporary. For example, you can use mosaic-style tiles instead of the usual patternless tiles you find at the store. 

Some DIY-ers have also tried using waterproof wallpapers that imitate the textures of more expensive materials. It not only makes renovation much easier for you, but it also cuts down your costs by half — even more. 

Costs: $3 to $40 per square foot

3. Install Crown Moldings

Crown moldings are great for enhancing your home’s visual appeal. It can hide building or painting imperfections that you don’t want people to see. Additionally, it may help increase the value of your home, in case you want to sell it in the future. 

Lightweight crown moldings made of wood, plaster, PVC, or polystyrene foam are the easiest to work with. You can find these materials in almost every home improvement store. They’re easy to cut and install, so even novice DIY-ers can use them in renovations. 

Cost: $3 to $8 per linear foot

4. Upgrade Cabinet Doors and Handles

You don’t need to rip out your entire cabinet off the wall to change the way it looks. Repainting the doors, changing the handles, and adding patterned wallpaper to shelves are great ways to upgrade your cabinet look. Want to make your cabinets more accessible? Another way people improve cabinet utilization is by removing its doors. This way you can grab or replace kitchen items more easily and quickly. 

Cost: $0 to $500 per cabinet

5. Get New Appliances

This next suggestion isn’t the cheapest on the list. However, it does pay for itself in the long run, provided that you buy them from a good manufacturer. We’re talking about home and kitchen appliances such as air conditioners, microwave ovens, stoves, and others. Appliances can do a lot in terms of improving your home’s overall appearance. If your current appliances are more than 15 years old, it’s high time you update your equipment, to enhance your home aesthetics and safety. 

Cost: $350 to $8,000 depending on the equipment

6. Change the Window Treatment

Apart from enhancing your home’s appearance, another great thing about changing window treatments is it can potentially save you more money on your electric bills. For example, by switching to vertical or horizontal blinds, you can control the amount of light that enters your home. You can brighten or dim your home however much you want. 

If you’re willing to spend a little more on this renovation, you can get custom-made window treatments from a professional provider. This improves the window treatment’s ability to control light and temperature in your home, especially during the colder months. 

Cost: $100 to $900

7. Add Storage in the Bathroom

You could never have too much bathroom storage, especially if you live with more than one person at home. Consider adding tiered cars, apothecary cabinets, medicine cabinets, or floating shelves to your bathroom to maximize space. These items can improve both the practicality and character of your bathroom. You can add some baskets and other decorative items to accent your new storage spaces.

Cost: $15 to $600

Final Thoughts

You don’t need to clean out your bank account to create a home that fits your needs and style. There are plenty of budget-friendly home renovation ideas that you can try, such as the ones we shared above. Choose one that sparks your fancy and apply it to your home. Don’t be afraid to explore and experiment with your choices. 

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