There is no end to the number of improvements and changes that you can make to a house. Everything from massive additions to a home pulley system for the dishes can make your home life either more productive, more enjoyable, or both.
However, if you want to avoid the old trap of turning your home into a “money pit,” it’s important to consider the longevity of your home improvement projects. From expensive projects like adding on a garage to tiny ones like painting a bedroom, always consider how each activity will impact the next owners. Will the proposed changes increase the value of the home? Will it make it easier to sell?
Here are a few of the best budget-friendly projects that you can do to quietly and easily boost your home's value while also making it more enjoyable while you still live there.
First and foremost, before you get too invested in individual home improvement projects, start by studying the different kinds of interior design types that are currently trending. This includes options like:
There are many different design styles to choose from. The important thing is that you pick one at the get-go and then commit to applying it across every room, project, and piece of decor in your house. This will give your home a better flow and cohesiveness as each project knits your spaces together.
One of the quickest and most affordable ways to spruce up your living space is by updating the colors on your walls. You can do this affordably and quickly by adding some wallpaper. Look up the latest wallpaper trends on Pinterest or a popular home decor site and then select something that fits your design style.
The other obvious choice is painting. Paint is cheap (you can often paint an entire room for under $50, especially if you don't need to cover over a bold color.) As you choose your paint, once again, you can look for trendy colors. However, keep in mind that, unlike wallpaper, paint allows you to go super simplistic by choosing whites, grays, and other gentle colors that don’t tend to go out of style so quickly.
If you’re feeling the itch to get something splashier on the walls while you’re still living in your home, you can always create an accent wall and turn into a natural focal point without compromising the subtler feel of the rest of the room.
New floors can be expensive. Refinished floors, however, can be an extremely affordable, powerfully effective home improvement project. If you have hardwood floors that have seen better days, you can have a professional refinish them for a few thousand dollars.
If you’re feeling up for the challenge, you can even do the work yourself. Rent a sander from your local home improvement store, get some stain and polyurethane, and you can cut that cost from thousands to mere hundreds — every penny of which you can easily expect to get back in retail value.
Lighting is a central aspect of selling a home. Good lighting can make a room feel bigger and more exciting. Combined with light-colored walls and a mirror or two, proper illumination can make a space feel two or three times as big as it is.
There are many ways to add lighting to your house, including options that don’t require wiring or cords. Also, you can take a variety of different approaches with your lighting, regardless of the specific fixtures you're working with. For instance, make sure to:
The best part? Most lighting fixtures and mirrors are extremely affordable as far as home improvement costs are concerned.
Kitchens can be both the most expensive improvement projects, and they can give you the most bang for your buck. If you're specifically looking for budget-friendly improvements, though, you're likely going to focus on other areas of your house.
However, before you move on to other spaces, there are a couple of cheap-yet-effective ways that you can refresh the look of your kitchen:
Much like the kitchen, a bathroom will reward you for making the right investments. If you're looking for the lowest cost with the best outcome, you're going to want to focus on hardware and fixtures, just like in the kitchen. Replacing the faucet, the showerhead, and even the toilet can be fairly inexpensive and easy to do.
Additionally, you can make small updates, such as painting a bathroom, adding a rug, or replacing a mirror, all of which can dramatically bring the space to life.
From kitchen and bathroom updates to lighting, refinished floors, and fresh paint on the walls, there are many different ways that you can improve your home at a very affordable rate.
Projects like these are excellent investments for two reasons. First, they make your home better to be in right now, while you’re living there. Second, they provide added value and increase the sellability of your abode when you go to sell.
Along with these indoor suggestions, there are many outdoor improvements that you can make as well, which will pay you back in spades when the time comes.
So take a look at the above list, choose the most applicable project to your current situation, and start making plans.
Candles create warmth and add a certain welcoming and inviting ambiance to a space without a major investment. And if you’re crafty, you can make your own ...
1700 Magnavox Way, Suite 220, Fort Wayne, IN 46804
Ruoff Mortgage Company, Inc supports Equal Housing Opportunity
Ruoff Mortgage Company, Inc., d/b/a Ruoff Home Mortgage, is an Indiana corporation licensed by the Indiana Department of Financial Institutions (DFI). For complete licensing information visit: http://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/141868. Equal Housing Lender. NMLS#141868
800.627.8633 | NMLS ID: 141868 | NMLS Consumer Access
ALL RIGHTS RESERVED