8 Best Home Renovation Ideas on a Budget

Improving your home with a renovation project sounds like a good idea. However, it’s essential to know which projects to avoid so that you don’t waste any money. Not every renovation idea is worth your time or will add value to your home, so acting upon unnecessary home renovation ideas could be a costly mistake.

Here are the 8 best home renovation ideas on a budget:

1. Upgrade Your Flooring

One of the best home renovation ideas you can use is upgrading your flooring. New flooring helps you enhance the look of your home as well as the functionality. You can buy flooring that is more suitable for dealing with pets, young children and a busy environment.

Hardwood flooring is easy to clean and stands up well to foot traffic. Laminate flooring is inexpensive and a great way to improve the appearance of your kitchen or bathroom. Take your needs into account before deciding on a new type of flooring.

2. Use Sink And Faucet Upgrades In The Kitchen & Bathroom

Installing a new faucet can make your kitchen a lot more functional. Modern faucets allow you to control the water with one hand which gives you more flexibility while doing the dishes. Installing a faucet with an adjustable head also makes tasks like cleaning vegetables easier to achieve. You can also raise the height of your faucet which will give you more room in your sink for washing dishes.

Upgrading your kitchen and bathroom sinks is one of the most ignored home renovation ideas that will actually have a huge impact on your decor. Over time, sinks become worn from the minerals in the water and vigorous daily use. Installing a new sink also gives you a chance to shake the sediment loose from your water lines.

3. Install New Cabinetry

Installing new cabinetry is an easy way to guarantee a drastic change in your home’s decor. Many cabinet collections are easy to assemble yourself which makes adding new cabinetry a simple do it yourself project. You can strategically add new cabinets to help with a lack of storage in small kitchens. Adding new cabinets will also increase the value of your home. Custom cabinetry can be designed to suit your kitchen’s design which will allow you to make the most out of your space.

4. Upgrade To More Powerful Appliances

If you’re looking to renovate, your appliances are a good place to start. You don’t need to wait until your old appliances start to show signs of wear and tear before you replace them. Modern dishwashers, ovens, and fridges are highly energy efficient which will help you save money on your monthly utilities. Stainless steel appliances also fit in with a variety of decors which makes it easy to customize your kitchen to your liking.

5. Use Wallpaper To Transform A Room

Wallpaper may seem like an antiquated design technique, but it’s actually an excellent way to transform a room at a very low cost. Where most people go wrong is covering the entire room with wallpaper. A much better approach is to add a fresh coat of paint to a room and use wallpaper as an accent wall. Wallpaper is a simple way to add some life to rooms with plain walls and slim baseboards. Taking the time to fill in holes in your walls will make it easy for the wallpaper to go on smoothly. Adding wallpaper to a room completely changes the look and installation only takes about half a day.

6. Upgrade Your Insulation

Upgrading your insulation is an energy efficient renovation that will boost the value of your home. You can save thousands every year just by upgrading to modern insulation. Sealing cracks around your house is also a good way to ensure your home isn’t leaking energy. Look around your doors, windows, electrical sockets and in recessed lighting to find cracks that need sealing.

7. Add A Canopy Area To Your Backyard

Many people ignore their outdoor living space when it comes to home renovation ideas. Finding ways to add shade from the sun and protection from insects is an easy way to make your backyard more enjoyable. Adding a canopy (or gazebo) to your backyard is a great way to expand your living space. Canopies range from $200 to $500, and you can install them on any flat surface. A screened canopy is an excellent addition that gives your home more liveable space.

8. Add A New Bathroom

Adding a bathroom to your home is a great way to add value, especially if you only have one bathroom. Most homes have underutilized spaces such as closets or areas under the stairs that can be transformed into a bathroom. Depending on how much space you have to work with you can install a stand-up shower for a small bathroom or a bathtub for a full-size addition.

Adding an extra bathroom creates convenience for growing families or people who enjoy entertaining. This is an excellent renovation if you’re trying to increase the value of your home.