You may have experienced the feeling of looking around your home and no longer satisfied with the furniture. Whether you’ve been working on a home improvement project all summer or decided that last year’s color choice is no longer the perfect shade, giving your home a new look is a great way to breathe new life into your space and boost its resale value. But what if your budget isn’t as big as your Pinterest-inspired dreams? do not worry! Your home can be updated without breaking the bank. Check out these tips to fall in love with your home again.
Determine your budget
The first step in a home renovation is setting a budget for the project. When you’re busy choosing new countertop and cabinet colors, it’s easy to overspend, so planning ahead is key. Start by listing the rooms to be updated and how. This will give you a roadmap of cost estimates.
Then compare your household income to expenses. What meaningful contributions can you make to these projects? If you find that the cost of your coveted review is higher than you expected, take a look at your monthly expenses to see where you can reduce or pay off existing debt. Freeing up a little extra cash from ongoing debt payments or unnecessary expenses may just add to your budgetary needs.
Update your home for less than $500
Sometimes it doesn’t take much to give your home a new look. If you find yourself on a tight budget, consider simple, inexpensive options to remodel your space, such as adding an accent wall, swapping out your old throw pillows, or buying a new rug if you’re smart. With proper planning, these options can be completed for less than $500.
Update your home for less than $1,000
But what if you want to go a step further? The kitchen is often the most popular room in the house to renovate, but a complete remodel may be out of your budget. You’ll be surprised how fresh it is with less than a ton of ingredients. Consider repainting, readjusting the tailgate, and updating the hardware on the cabinet.
You can also redesign your landscaping or create outdoor living spaces with patios and patio furniture if you feel like you’ve neglected the exterior of your home. Just add an outdoor sofa, rug or ottoman and your look can be effortlessly refreshed.
Update your home for less than $5,000
For as little as $5,000, you can make some major upgrades to your home. Consider creating an open floor plan by removing interior walls, refinishing hardwood floors, or purchasing new furniture for your space, such as a sofa bed. B. Lounge chairs or new dining table. Well-designed furniture can last a lifetime. So not only can you give your home a new look, you can even pass it on to the next generation. Do some research before buying to make sure your options fit your family’s needs.
Contrary to popular belief, updating your space doesn’t have to cost a fortune! With a little planning and a sound budget, you can remodel your home well.