9 Creative home renovation tips for a family with a tight budget

by | 05 Jun 2018 | Home

Home renovation is a popular hobby for homeowners.

Remodeling can help increase the value of a home while also providing a newer, more pleasant aesthetic to an aging home. This makes it more appealing to continue living in an older home.

In an attempt to save money, here are nine creative home renovation tips for a tight budget.

1. Update any room with a fresh coat of paint

One of the most tried and true budget home renovations is a fresh coat of paint. This is an easy way to help to transform the feeling and ambiance of any room in the house without spending a fortune on extra furniture or add-ons. Paint is fairly inexpensive and is simple to apply. This ensures that money isn’t wasted hiring professionals to conduct renovations. A different colour paint can help change any room without breaking the bank.

2. Install crown molding

Crown molding isn’t the most intuitive home renovation idea as not many homes utilise this design. Crown molding is essentially angled trim that lines where the ceiling and walls meet. This is a great way to add value to a home and increase the overall aesthetic appeal. The process is relatively simple and only requires some carefully cut angles and the patience of installation. There are also non-wood, crown molding options that are even more affordable.

3. Refinish kitchen cabinets

The kitchen is a popular area in the house to renovate. However, new cabinets and appliances can be quite expensive. Fortunately, there is another, more affordable remodeling trick. By sanding down the cabinets and applying a new finish, homeowners can achieve the look and feel of a completely new set without the purchase.

4. Install a stair runner

Stairs can be another costly renovation. However, adding a cheap stair runner can help give the space a different feel without a complete remodel. These runners can be purchased in a variety of designs to match any colour of paint or atmosphere of the home. Homeowners should be able to find the right size for their home quite easily.

5. Rearrange your furniture

While furniture contributes a lot to the overall feel of a room, it also tends to cost a lot of money. Most of the time, a tight budget won’t allow for the purchase of a new couch or dresser. For this reason, it is important to utilise the power of rearrangement. A room can feel completely different even with the same furniture when it has been moved around to different spots. You can do this with furniture from other rooms as well. This essentially costs nothing, yet can bring the feel of a complete remodel.

6. Replace cheaper household accessories

When considering a remodel, our attention typically turns towards the bigger ticket items. However, even swapping out smaller household accessories can help to shake things up. For example, pillows are littered throughout most homes on couches, beds, and chairs. Changing the smaller accessories throughout your home is a great way to renovate with a tight budget.

7. Hang up homemade art or photos

Many homeowners scratch their heads when considering what to do with a large area of empty wall. Instead of investing in expensive mirrors or other accessories, consider hanging some of your own work. This could come in the form of a personal painting or photograph. It’s a great way to make your rooms feel more personalised while also saving money in the long run.

8. Add minimalist storage ideas

Storage is an issue in most households. Not only do you have too many things to store, but storing them in a nice way is important as well. This is when investing in some minimalistic storage is a good idea. Small cubby holes and hanging racks are a few great ideas to make storing clothing and other smaller things a breeze. These storage devices can be added to closets and empty spaces throughout the house.

9. Install some new lighting

Lighting is another factor that contributes a lot to the ambiance of a room. Lucky for you, lighting is also a very affordable factor to change. You can opt for a brighter or dimmer setting depending on how you want the room to feel.

Colour is another option when it comes to changing the lighting in a room. Small colour accents can help give a room a cooler or warmer feel depending on the shade.

Wrap up

Renovating your home can be a great way to stay satisfied without having to spend money on moving. However, remodeling can cost money that a lot of homeowners simply don’t have. These nine creative home renovation tips will help you accomplish these goals on a budget.

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