3 Home Remodel Projects for Every Budget
If you’re a new homeowner, have a fixer-upper or are just looking to modernize your old home, remodeling your home inside and out is not only going to improve your home’s livability but also add value!
Here are three home improvement projects for any budget that will help you get the most bang for your buck:
Bathroom
One of the most frequently used rooms in your home is probably your bathroom, for obvious reasons. Bathroom remodels have been proven to increase your home's resale value and can provide you with up to an 80 percent return on investment. Even if you aren’t planning to sell your home anytime soon, a bathroom remodel can provide safety, comfort, and improved aesthetics for your home.
Before you start on your bathroom remodel project, you’ll need to take a couple things into consideration like what your goals are for your bathroom and how much your bathroom remodel cost will be. If you’re on a budget, you can implement more cost-friendly remodeling techniques like maybe only doing a minor bathroom remodel vs. a full bathroom remodel or simply giving your bathroom a coat of paint on the walls or cabinets. You can remodel your bathroom the way you envision and still stick to your budget. Once you take these factors into consideration, you’ll be able to transform your bathroom from drab to fab.
Living Room Update
Another great way to invest in your home is to upgrade your living room. If you’re on a tight budget you may want to opt in for adding small accessories or pops of color instead of completely remodeling your living room. But whether your living room is outdated or just needs a little sprucing up, the following are ways you can give your living room a face lift:
• Install or refinish your hardwood flooring
• Select an accent wall to paint
• Replace or reupholster your furniture
• Add new light fixtures like table or floor lamps
• Accessorize with accent pillows on your couch
• Hang some cool pieces of art or picture frames
Just like an room in your home, you’ll need to decide if you want a colorful living space or maybe settle for some warmer tones. Choosing the right style for your living room is key since it’s the one common area that you and your guests will see the most.
Basement Conversion
If you’re looking to add even more value to your home, then it’s time to clean out that old basement (or attic) and turn it into something you can use! Converting your basement into a livable space will give you more useable square footage and increase your resale value down the road. You’ll have to first think about insulation and flooring, and then proceed with your project. Your basement should match the rest of your house as far as color schemes and decor. Perhaps you want to turn your basement into a spare bedroom, office or den, “man cave,” or second living room. A complete basement remodel might be pricey but it’s ROI can make it worth it.
Now that you have a better idea of your vision and budget for your home, you’ll be able to remodel with ease. Investing in your home now will improve habitability for the present and increase value for the future.