Renovating on a Budget
Homeowners are often looking for projects they can do around the house to improve their lives or property value. When planning out projects for renovating your home, the budget is something that has the potential to hold you back. However, there are still plenty of options for renovating your home while on a budget. Here, we have put together some of our favorite DIY projects for renovating on a budget.
Tips for Getting Started Renovating on a Budget
Before you get started working on your renovation, there are a few things to keep in mind. Let’s take a look.
Make a Firm Budget
The cost of home renovation projects can get expensive fast, so before you get started, sit down and determine your budget. Once you set your budget, do not stray from it. Make sure that you set aside 15 to 20 percent of your budget for any unforeseen costs that may come up when renovating your home.
Shop Around
Once you know what DIY projects you are planning on doing for your home renovations, shop around for your materials and supplies. Try to find the best deals on your supplies and try to aim for getting sales when possible. If you are planning on working on these projects during some of the springtime sales, like Mother’s Day, Father’s Day, and Memorial Day, you can end up getting bigger savings on your supplies, too.
If you are trying something new, do some research on the materials involved in it and read the third-party online reviews before buying the supplies to ensure you find the highest quality products within your budget.
Transform the Front Door
If you want to give your home exterior a quick pick-me-up, giving your front door some love is a great way to do that while sticking to a budget. A fresh coat of paint can easily transform the look of your front door and make it look new again. You can take it a step further and get a brand-new door, giving you something completely new. A new door knocker or new doorknobs are also great ways to give your front door a facelift. If you are renovating because you plan on selling your home, this is a great project to improve your home’s curb appeal before you put it on the market.
Paint Your Interior
A fast and easy project to renovate a home is repainting a room or even just painting a single wall. Buying a can of paint can stay within most budgets, making this a great renovating project. If you are in a time crunch, this is also something that you can do in a few hours.
Install a New Light Fixture
How old are the light fixtures in your home? Changing your old light fixtures out is a small renovating project, but it is one that can transform the room and create new, beautiful focal points. Try a chandelier or some new pendant lights. It will do a lot more for your home’s interior or exterior than you may think.
Update Your Kitchen or Bathroom Backsplash
The backsplash in the kitchen and bathroom plays an important role in your home. In both rooms, it prevents water from splashing onto the walls and ruining your drywall. In the kitchen, it also keeps food splatter from hitting the walls directly. Depending on your renovating budget, you can get some new tiles and grout, or you can try a faux stone or brick backsplash. These are both excellent DIY options that can completely transform the kitchen or the bathroom in just a few hours.
Add a Patio or Deck
If you have a yard, adding a patio or deck to it is a great idea since it will give you a more comfortable place to hang out when you are outside. You can get some patio bricks or stones for an affordable price. Another alternative is pouring a concrete patio with some DIY concrete. The costs of wood for a deck may be a little more expensive, but it can still be an affordable DIY project to renovate your home exterior.
Once the patio is constructed, consider also adding a covered area so you can have somewhere outside of the sun to hang out when you are entertaining outside. If you have a grill, this is even more important since it will help protect your grill from getting wet in the rain.
Repaint Your Cabinets
An easy way to give the kitchen or bathroom a facelift is to repaint your cabinets. Replacing your cabinets is not a very budget-friendly option, which is why repainting them is a popular second choice that can truly transform the room. To complete the renovation of your cabinets, you can replace the hardware. New handles are the perfect finishing touch and can be worked into any budget.
Install Dimmer Switches
Lighting is a great way to set the mood for any occasion. You can install dimmer switches in any room in your home where you might want to have more flexibility with your lighting. For example, to make a bath more relaxing, having a dimmer switch in the bathroom can help you set the mood and unwind.
Change the Window Treatments
Another easy home renovating project that can be fit into many budgets is to change your window treatments. You can get new curtains or curtain rods. If getting brand new curtains is not in your renovating budget, you can always add some embellishments to them, like lace, to update the look without investing in completely new curtains.
Refinish Hardwood Floors
While refinishing hardwood floors is a time-consuming process, it can stay within your budget. You just need to sand and stain the flooring, which can cost about $8 per square foot when you DIY it.
If refinishing the flooring is not doable, you can recoat it instead, which adds a protective layer of varnish to it.
Update Existing Furniture
Do you have any existing furniture that you can update or upcycle? If you have an old dresser, you can easily turn it into storage space in your bathroom or kitchen. A couch that has seen better days can easily be re-upholstered, or you can make furniture covers to update the look of the couch a little easier.
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