Budget-Friendly Home Improvement Ideas Under $500
Home improvements are an effective way to add value and draw buyers in, without breaking the bank. A small budget can make an impressive statement about you and your property.
A fresh coat of paint can do wonders in transforming walls that don’t appeal to broad markets, while adding a backsplash is an economical upgrade that adds real value.
Paint
Painting a room can be one of the easiest and least-expensive ways to give it an updated feel, making your entire space feel brand new without breaking the bank. Choose a bold hue to bring personality or neutral shades for a classic aesthetic; DIYers may enjoy undertaking this project on their own and may find discounts at stores during certain seasons to further reduce costs.
Wallpaper can be an inexpensive and straightforward way to instantly refresh any space, creating visual interest in any bathroom, bedroom or dining area – and its easy replacement should you tire of its pattern over time.
Crown molding can make an incredible impactful statement about your home. An often-overlooked part of the house, crown molding can instantly refresh any room and improve curb appeal. Plus, this project is often quite affordable and simple for most homeowners to do themselves!
Flooring
Real estate investors don’t always have the budget for major home renovations, but this doesn’t prevent them from making inexpensive fixes that still feel substantial.
Replacement wall-to-wall carpet with new hardwood floors or even refinishing existing hardwood can quickly and affordably increase value in any room, while painting can quickly update its look as well. Popular colors can make a room feel modern while classic hues will appeal to a wider range of buyers.
Linoleum flooring is another economical way to add charm to a room, constructed of natural materials like linseed oil, pine resin, cork flour, limestone and pigments that is pressed together onto jute backing and needs only periodic application of natural wax coating for maintenance. Linoleum is also moisture resistant making it perfect for kitchens and bathrooms alike.
Cabinets
Home improvements don’t have to be costly if done right; you can freshen up the interiors and increase value without spending thousands of dollars renovating kitchen or bathroom space.
New cabinet doors are an easy and cost-effective way to update any room’s aesthetic. Stock cabinets available at most home improvement stores are the least expensive option and come in various door styles suitable for every taste; currently popular examples are Shaker style doors with flat panels.
Over time, budget cabinets may deteriorate to the point that shelves become warped and materials no longer support screw connections securely. When this occurs, painting or crown molding may provide an affordable way to update their look for an improved custom appearance.
Refresh your bathroom instantly by opting for a stylish wall-mount mirror and floating shelves as instant upgrades. Both solutions offer space-saving, cost-cutting storage solutions.
Lighting
Lighting upgrades can add instant value and desirability to your home. Outdated fixtures can really date a room, while updating to modern styles will give your space an updated aesthetic. Consider eliminating popcorn ceiling texture by installing modern lighting options – it will brighten the space while increasing value!
New cabinet hardware can easily upgrade any kitchen on a tight budget. “You can transform your cabinets with brand new look for under $500 including paint and knobs,” according to Juneja.
Dimmable lights can also make for easy and inexpensive improvements that allow homeowners to maintain an ideal brightness for tasks while creating an inviting ambiance for relaxing. Finally, adding a backsplash is another cost-effective way to upgrade the style of any kitchen; according to HomeAdvisor the average cost per square foot ranges between $10-15 per square foot. Floating shelves offer another DIY-friendly solution to maximize storage while improving visual aesthetics in spaces.