Most people consider home renovations to be a significant investment, but this does not have to be the case. Remodeling isn’t that expensive, so you can easily do it without taking too much financial burden on yourself. To do so, you must first decide which rooms to begin with in order to get the most bang for your buck. Bill Sohl’s Luxury Homes Team has curated a list of rooms in your home that you must renovate first in order to raise its value.
Here’s a handy guide to help you renovate your home on a budget.
#1 Kitchen
When it comes to home improvement projects, most people prioritize the kitchen. This isn’t surprising given that the kitchen is the heart of the majority of people’s homes. In fact, if you intend to sell your home, kitchen repairs are required because it is the part of your home that potential buyers are most interested in, unless, of course, you prefer a stress-free way of selling your property by accepting offers from cash buyers.
If you don’t want to spend a lot of money on kitchen renovations, concentrate on improving textures and colors. Some of the kitchen upgrades you can make without breaking the bank are as follows:
- Installing new doors on old kitchen cabinets: When you’re on a tight budget, installing new cabinets is very expensive.
- Replace old light fixtures to improve lighting: When it comes to meal preparation, having enough light is critical. Remove old light fixtures and replace them with new ones to ensure that your kitchen is always well-lit.
- Repainting your kitchen: Repainting is a simple and inexpensive home improvement project that can work wonders in improving the overall appearance of your kitchen. You gotta repaint. Not to mention that you will save so much money this way.
- Improving the layout of your kitchen: When remodeling, you must be creative. This means that if you want to make your kitchen more spacious, you shouldn’t have to demolish the walls.
#2 Extensions
Do you want to make more room in your home? Extension projects can increase the size of your home and provide you with a new dining room, guest house, or bedroom. In comparison to converting your basement or loft, home additions can be less restrictive. However, you must still check with the relevant government authority for the regulations on such renovations. And, because home extensions can be costly, the best way to offset these costs is to use salvage materials and perform some DIY tasks.
#3 Outdoor Living Areas and Pools
The current love affair of indoor/outdoor living has made pools, porches, patios, lawns and landscape more important than ever. The pandemic has caused private/personal outdoor space, where people can entertain & spend time with family and friends, a top priority. As a result, many buyers have visions of beautiful outdoor living areas where they can host dinner parties, relax in their backyard pool and more in the privacy of their own property. Gone are the days when the outdoors was just a lawn and some landscape. Today the outdoors are an extension of the home.
#4 Bathroom
The bathroom is another important room to think about when remodeling your home. To give your bathroom a serene, modern, and sleek feel, try out some new trends.
Here are some low-cost remodeling projects you can undertake:
- Installing new open shelves: Do you have a small bathroom? If this is the case, you should think about adding open shelves to make the room appear larger. You can also use them to display decorative towels, soaps, and bathroom essentials to enhance the room’s appearance.
- Changing the bathroom fixtures: Even the smallest detail, such as worn-out and old fixtures, can have an impact on the overall feel of your bathroom. Consider getting new general fixtures to brighten up the appearance of your bathroom to improve its overall atmosphere.
- Adding a frame to the bathroom mirror: It’s natural for bathroom mirrors to wear out around the edges after a while. To add a traditional touch to an otherwise modern bathroom, try using brass or wooden frames.
- Repainting the bathroom walls: Use a color that matches the tiles to add a splash of color. When selling your home, it’s best to go with a neutral color that will appeal to a wider range of prospective buyers.
#5 Living Room
The living or family room is where you’ll most likely spend the majority of your time as a family and when entertaining guests. Make some changes to your décor and design to make the space more inviting and appealing.
Here are some low-cost ideas for renovating the living room:
- Make use of multiple lighting sources. Select task lighting, accent lighting, and ambient lighting fixtures that are simple but functional.
- Choose flooring that complements the texture of your walls.
- Create a focal point in your room, such as a cozy fireplace, an eye-catching home entertainment system, a dramatic piece of artwork, or a quirky bookshelf.
Final Thoughts
Home renovations can be stressful because there are so many decisions to make, from budgeting to deciding whether to hire a professional or do it yourself. In addition, you must decide which rooms to renovate first. Bill Sohl’s Luxury Homes Team developed these insights based on Parkland, Florida property dealings. The tips above should help you decide which rooms will give you the most bang for your buck when renovating, especially if you plan to sell soon.
