Home Improvement Ideas for Those on a Serious Budget

by Deepak K. Beyond Channels

Need to do some updates around the house but think you lack the funds for any worthwhile home improvement projects? It is true that home repair and renovation can be expensive, but there are also some cool things you can do on the cheap.

I have some affordable options. Cheap home renovation projects and home improvement ideas that are sure to fit your budget, there is now no excuse for not having the home of your dreams.

Some home improvement projects that add value to a home include:

Remodeling the Kitchen

Most people consider the kitchen to be the heart of the home, and because of this, updates in this room pay off. Under-counter swing-out corner storage helps organize a clutter zone — ideal for heavy, rarely used pots, or the collection of Tupperware we all inevitably amass

The enormous kitchen, easily the size of the living room, features appliances and countertops that might look more at home in a fancy restaurant kitchen. The style, size, and quality of the kitchen don’t fit in with the rest of the house, or the neighborhood. If you plan on selling your home within the next five years, keep potential buyers in mind before you start on any major remodel; many people won’t pay for a fancy, deluxe kitchen.

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Bathroom Addition

If your home only has one bathroom, you can recoup a large chunk of your investment by adding another one. HGTV estimates that you can recoup 80%-130% of whatever you spend adding a bathroom.

When it comes to finding room in your house for an extra bathroom, take a look at any extra rooms or underutilized spaces. Consider other spaces, such as closets or areas under the stairs, too.

Reinventing a Room

Reinvent the existing space in your home to save money. Finish a basement, or convert the attic to a bedroom. Many homeowners can also add small apartments in, or over, their garages – which they can then rent out as a room.

Select from the peel off wall art prints or from the ready to stick on ones and let everyone talk about the beauty of your walls. Not only that purchases it from your favorite seller and picks the wallpaper within your budget.

Garage Additions

According to the Cost vs. Value report, homeowners who build a garage see a 62% return on investment. A garage addition can cost tens of thousands of dollars. Knowing that you only recoup a fraction of your investment, don’t build a new garage to increase the value of your home.

If you plan on staying in your home for a while, then a garage can greatly contribute to your quality of life. After all, you’d have someplace to park your car, and store your lawn and sports equipment. If you currently store these items under a carport or in a shed, a garage might sound like a great investment.

Final Word

You have many options for home improvement projects that add value to your home. Remember that home improvements don’t pay off like they did in 2004-2005, when the housing market peaked. If you plan to remodel, concentrate your efforts on smaller projects that make your home more appealing to budget-minded buyers. Focus on energy efficiency and small upgrades that add character and comfort to your home. Uber-luxury has become passé.