Home Renovation on a Budget – Room by Room
The average cost of home renovation falls somewhere between $19,800 and $73,200, depending on the square footage and the extent of the project. For most people, this is a lot of money. Especially in the second year of the pandemic, which has had an impact on the economy. Many will give up on their idea of remodeling because they feel discouraged by the price.
However, there are ways to fix all the problems of your home and give it a fresh new look without overspending. Of course, they will require thoughtful consideration of your budget and priorities. You will have to sacrifice some things and some ideas will remain only in your mind, but most of the things you do will give your home a well-deserved facelift.
Here’s a room-by-room guide for home renovation on a budget that will help you with the process.
Living Room
A living room remodeling project can cost up to $100,000 if you decide on some major construction works and new flooring. Since we’re here for a renovation on a budget, we’ll leave behind the idea of such an extensive undertaking and be realistic about the available funds.
Fortunately, many other updates can spruce up the living space practically on a shoestring budget:
- Repaint
Painting a living room usually costs between $2 and $6 per square foot. The total price will depend on the square footage, the contractor, and the quality of the paint. The “final product” will depend on your choice of color. The safest play is to opt for a neutral tone and then break the monotony up with some pops of color through accessories and furniture.
- Change the layout
Here’s a completely free trick – move the furniture around and change the layout. The most important thing is to choose one focal point, such as a TV or a fireplace, and turn the furniture towards it.
- Update the flooring
New flooring is expensive, but a new floor finish can be sufficient if the floor isn’t too damaged. If you need to replace it on a budget, try with cheaper options such as wooden laminates or vinyl tiles, and don’t forget the area rugs.
- Revamp the furniture
Compared to buying new furniture, revamping is an affordable option. Fresh upholstery can be a good design decision, and if you’ve painted the room neutral, you can choose one material that pops with color or pattern.
Bedroom
The average price of a bedroom remodel is $7,880. By following the tricks you’ve learned from the living room renovation, you can freshen up your sleep oasis for a lot less.
The first thing your bedroom needs is a new coat of paint. You can save on new storage pieces by revamping them, but there is one thing where you need to go all out – the mattress.
Under regular circumstances, a mattress needs to be changed every six to eight years. If you haven’t done it in quite a while, check the available mattress sizes and dimensions and see which type suits your sleeping habits the best.
Also, you can update the layout by adding a seating area. Depending on the size of the room, it can be a chair with a small side table or an armchair with a reading nook.
Kitchen
The kitchen is, together with the bathroom, the most expensive room to renovate. It can cost between $12,567 and $34,962, or even more if you are changing the layout and all of the appliances. However, as with the previous two rooms, it is possible to perform an inexpensive kitchen renovation:
- Repaint the walls
Go with neutral colors or even bright white to improve the lighting of the room. For extra design points, choose one wall to paint with an accent color that will complement the elements.
- Update the sink
Your old sink could probably be dated by now. You can replace it with a large single-basin sink or spray-paint a new coat.
- Give the cabinets a facelift
If the kitchen elements are still in good shape, you can give them a new finish and install new handles for a fresh look.
- Shine a new light
Lighting is an important part of kitchen design, not only because of appearance but also because of functionality. New pendant lamps above the kitchen island can make a bold statement, while task lights can help with the functionality.
- Work with what you have
Another completely free update – use the things you have in your kitchen to make it look fresh. First, you need to declutter your shelves and then organize your spices in jars and use them as decorations. A few pots with fresh plants can make all the difference too.
Bathroom
The average price of a bathroom renovation is $25,000, and even looking at this figure feels a bit stressful. A large chunk of the cost is made of extensive remodeling projects such as demolishing the old bathroom, installing new tiling and plumbing, and buying new fixtures.
Since we are on “saving mode,” here’s what you can do with what you have:
- Re-grout the tiles
Instead of getting new tiles, you can give them a newer look by re-grouting. The best thing about this is that you can do it on your own. If you want to go for a more modern look, you can choose black grout instead of the traditional white option.
- Refinish the tub
Relining or refinishing the tub or the shower can solve cosmetic problems such as small cracks and yellowed surfaces, and it is very affordable.
- Refresh the cabinets
Similar to kitchen cabinets, bathroom storage pieces can be repainted and updated with fresh hardware.
- Install new fixtures
Installing a new sink faucet or a shower head is a good trick to add a little sparkle without replacing the entire tub or vanity.
In Closing
You can update other rooms, such as the entryway or the guest room, following our advice for the bedroom and the living room. The most important thing to remember is that you need to know your priorities. Over to you now!