Note: The first half of 2021 saw unprecedented labor shortages as a side effect of the coronavirus disease (COVID-19) pandemic. Along with this, demand for materials and construction-related jobs is also rapidly increasing. As a result, material prices may be higher than those reported in this article and lead times may be longer than usual for both labor and materials.
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Tired of looking around your house and seeing the same old paint and furniture? Are you thinking of selling in the near future? Ready to make some changes but not financially ready to pay for the entire renovation? Whether you want to increase the equity in your home or replace your newly purchased home. Even if you just want a change of pace, here are some easy home improvements you can make for under $5,000.
Estimated costs are based on US national averages. The exact cost may vary depending on factors such as your location, the professional services you hire, the size of your home, and the materials you choose.
General interior renovation work
These renovations can be done in multiple rooms and have a transformative effect on your home while being low cost.
Interior painting
Whether you choose a feature wall, a solid color, or a trendy design, a fresh coat of paint is one of the easiest ways to give your home's interior a makeover. The average cost is $3.50 per square foot, but DIY painting a 10×12 room will end up costing you about $100 to $300. Having a professional paint your walls can cost an additional $150 to $700 depending on the size of the project, but it may be worth it if your time is limited.
Refinishing or recoating hardwood floors
Refinishing hardwood floors can be daunting and time-consuming, but it doesn't have to be expensive. The overall cost, including sanding and staining, runs about $3 to $8 per square foot if done professionally, or $500 to $1,000 if done DIY (not including machinery or other additional costs) . On the other hand, recoating (the process of adding a layer of protective varnish) costs about $1 to $2 per square foot and is a preferable option if the floor is still in good condition.
Incorporate interior design themes
Often, just changing the furniture and style can make your home feel brand new. Consider theming certain rooms in your home to a particular color, pattern, or style and get rid of furniture that no longer fits, or renovate and upcycle it.
It also simplifies the shopping process. Buy themed sets of tableware, linens and accessories wholesale and save money by getting cheaper prices. By coordinating your home and rooms with an appealing aesthetic, you can make yourself look like an expert in interior design. If you have a piece of furniture that you can't bear to part with, but it doesn't fit anywhere, try giving the room a cozy, eclectic feel.
kitchen
A full-scale kitchen remodel costs about $25,000 on average, but you don't have to break the bank to upgrade. Here are some ideas for cheaply renovating your kitchen.
replace home appliances
Essential kitchen appliances like refrigerators, stoves, and dishwashers are all incredibly cheap to replace. Depending on the brand, each large appliance can cost less than $500 (not including additional fees). If you're purchasing multiple appliances, don't forget to ask your retailer about package offers and discounts that can save you up to $1,500. Learn how to install the appliance yourself and save an extra $100 to $500.
Complete your cabinet and drawer makeover
New paint and finishes can give your cabinets and drawers a fresh look and give your entire kitchen a new look. If you like the style but don't want or need to replace everything, just the cabinet doors ($50 to $90 per cabinet) and drawer fronts ($30 to $50 per drawer) Please consider replacing it.
replace countertop
Replacing countertops is a common part of kitchen remodeling. Ceramic and porcelain tiles are the most cost-effective at $5 to $30 per square foot and are easy to DIY if you don't take the time to install and maintain them. Laminate countertops are a little more expensive, averaging $25 per square foot, but they come in a variety of colors and styles.
Redo the backsplash
Redoing a backsplash is a surprisingly easy DIY and also a classic way to bring creativity and personal flair to a standard kitchen. From peel and stick patterns to painted boards, markdown tiles, and stencil designs, it's easy to find inexpensive materials. The cost will vary depending on the material you choose, but you can easily get the job done on a budget of $600.
Bathroom
Bathrooms are a common home renovation priority, and for good reason. Because no one wants to take a shower and get ready for the day in an unattractive space. Similar to kitchen remodeling, inexpensive ideas for bathroom remodeling include replacing the backsplash, resurfacing cabinets, painting the walls, etc., but here are some additional ideas for inexpensive remodeling. Here are two.
Install a ready-made bathroom vanity
Finding ready-made bathroom vanity sets couldn't be easier. Double sink vanities, floating vanities, and even corner vanities are regularly sold in a variety of styles, materials, and sizes. Prefabricated bathroom vanities range in price from $100 to $2,600. Assembly requires a basic understanding of plumbing and some good old-fashioned elbow grease, but if you're worried about messing with pipes, professional installation averages about $1,500, with a minimum of $300.
replace the shower
Prefab shower stalls or kits come with all the parts needed to assemble a complete shower and can be found for around $1,000 or less. If you don't need to replace your shower pan or bathtub, a cheaper option is to buy just the wall kit ($300 to $600).
General exterior renovation
It's not just the interior of your home that makes a good impression. When considering renovation plans, don't forget to consider the exterior.
cleaning
When pressure washing or power washing, you can damage your home's exterior if you are not careful. Hiring a team of professionals to do the work can be surprisingly affordable (averaging $400 to $1,400 for a two-story home). . If you're concerned about possible damage from power washing, a hose, basic cleaning supplies, and soap or oxygen bleach solution can go a long way.
painting
The national average for professionally painting the exterior of a two-story home is at least $3,000. If you want to DIY, it will cost between $500 and $1,000, including supplies, depending on the size of the house. If you don't want to redo the entire paint job, consider repainting just the trim. It's cheaper and requires less effort, but it can still give your home a new look.
Patio/outdoor floor deck installation
If you have outdoor space, adding a patio or deck can be a great place to hang out. For a classic brick patio, brick costs about $6 to $11 per square foot, and double that if you hire a professional to install it. For smaller areas such as balconies or terraces, consider investing in an outdoor floor deck. Prices vary from $50 to $150 depending on the material, size, and number of deck tiles included in the package, but assembly is easy.
conclusion
Inexpensive home renovations can bring a fresh look and feel to any space. As summer approaches and the world comes back to life, bringing newness and change to your home can have a positive impact on your mood and lifestyle without breaking the bank. From general decor to bathrooms, kitchens, and more, there's always something you can do to make your home feel more like home.
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