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5 Home Updates You Can do for Less Than $300

By Nest Wealth on 09/08/2019Article 4 Minute Read

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Guest Post By: Jessica Thiefels

Did you know that it can cost between $18,000 and $75,000 to renovate multiple rooms, depending on the square footage of your home?

You could spend thousands of dollars on home renovations—not to mention endless hours trying to find a trustworthy contractor and countless sleepless nights while your home is under construction. Or, you could make small, cost-effective changes that will increase the value of your home.

Giving your home a facelift doesn’t have to break the bank. There are many small, cost-effective changes that will have an impact on the way your home looks and feels. Transform your favorite spaces with these wallet-friendly updates.

Mount Your TV

If you need to make room in your living space or bedroom, mount your television. Mounting your TV will instantly give a room a more modern appeal. What’s more, getting rid of that clunky TV stand, along with everything else in it, will help eliminate clutter and make additional space. If you’re planning on going the DIY route, be careful. This is an expensive item, and mounting it wrong could result in hearing a loud (and expensive) crash in the middle of the night. Get it right by avoiding these common TV-mounting mistakes:

  • Choosing the wrong location.
  • Not having the right tools.
  • Using a load-bearing wall.
  • Picking a mount that’s difficult to use or hides buttons.

Switch Up the Lighting

Lighting makes a significant difference in your home, not only in appearance but in how it feels as well. The good news is, this is an inexpensive update that you can do in just one afternoon. Give your home an instant facelift by simply switching out old, dated light fixtures for ones that are more modern.

Stores like Ikea, Target, and Walmart all carry affordable light fixtures that can take your home from drab and sad to bright and welcoming in just a few hours.

Upgrade Your Landscaping

According to a study by REALTORS, the number one project that appeals most to buyers is standard lawn care. A front lawn that’s full of weeds or overgrown shrubs makes your home look less appealing, so if you’re selling soon, this is something you want to avoid. Give your home some curb appeal by updating the landscaping out front, but don’t hire an expensive landscaping company to do it. All it takes is a trip to your local greenhouse, a few hundred dollars, and a green thumb. Plan what you want your yard to look like, considering:

  • Plants
  • Steps/Stairs
  • Walkway
  • Grass
  • Trees
  • Stones
  • Statues

With a vision, you can spend the afternoon collecting everything you need from the nursery and home improvement store and then put it together yourself.

Add Crown Molding

If you’re looking to up the wow factor of your home, add crown molding. This feature brings a sense of luxury and sophistication to a home, at a very low cost. Depending on the type and size of the room, hiring a professional to install crown molding can cost anywhere between $2000 to $4000, according to Angie’s List.

However, going the DIY-route reduces the cost by a lot. For tips on how to install crown molding yourself, check out this helpful post from HGTV.

Hardware

Rather than purchase new kitchen or bathroom cabinets, dressers or doors—which would cost significantly more than $300 if you wanted to purchase new—simply swap out the knobs or handles. Changing this small feature on various pieces of furniture is both easy to do yourself and can make an old item look brand new for a very low price. Start by browsing the DIY tutorials below for inspiration. Then head to your local home goods store to find the perfect hardware for your home.

Say Hello to Your New and Improved Home Sweet Home

Rather than empty your bank account with contractors and expensive home renovations, save the money (and headaches) with a little DIY ingenuity. Use these ideas to update your home for less than $300, making the space feel fresh and new without the expensive post-renovation bill.

 

Jessica Thiefels has been writing for more than 10 years and has more than 700 published articles worldwide. She’s written for AARP, Reader’s Digest and Lifehack and regularly contributes to The Financial Diet, Homes.com and more. Follow her on Twitter @JThiefels and connect on LinkedIn