Home renovations can be a headache. No matter what part of your home's getting a freshen up, millions of decisions are waiting to be made.
And one of the most important of those is what do you spend the bulk of your cash on? And, if at all possible, where can you afford to tighten the purse strings a little?
Thankfully, you're in the right place.
And one of the most important of those is what do you spend the bulk of your cash on? And, if at all possible, where can you afford to tighten the purse strings a little?
Thankfully, you're in the right place.
Home Renovations: Where To Splurge And Where To Save
Which Areas Should You Spend Money?
When you're considering where to put your cash on a home renovation, consider the future of your property. Anything that costs a lot should make the home last longer for you - whether that's insulation, adding more bedrooms, or making the garden safe. And if you don't expect to stay long-term, you should spend money on anything that adds value to your property. That way, you'll always see a return on your investment.
Insulation upgrades can save you money on your heating and cooling bills. And if your roof is old and leaking, you'll want to spend money. It may not be a massive project in the end, but it will still improve the look of your home and provide more value for potential buyers.
1. Major Structural Improvements
When it comes to spending money, you'll want to ensure your home is up to code. This means installing things like a new roof or new plumbing.
Structural improvements are a must. There are no cutting corners here. It will future-proof your home and ensure that it's safe. And there's nothing more important than that.
2. The Outdoor Space
Outdoor space can make any home more livable. And can add money to a property. Think about landscaping your outdoor space with planting, furniture, and spruce up of outdoor paintwork. It adds to the all-important curb appeal of your home and helps future proof the property by keeping it weatherproof.
Consider investing in an outdoor grill and other amenities for entertaining guests and family members. Beyond the backyard, you'll also want to consider installing a new driveway or walkway and landscaping around the perimeter of your property.
3. Doors And Windows
Your front door is one of the first things people see, which is why this is worth putting money into. You can start by updating the hardware or replacing it entirely. You'll also want to make sure your paint job looks fresh and bright. Sometimes all it takes is a little bit of time to go bad, so be proactive about making sure you keep up on these details.
This applies to your windows too. They do a lot of work to keep you safe, warm, and dry. So it makes sense to spend a bit of extra cash keeping them tip-top. Likewise, investing in highly customizable patio doors doesn't just add value to a home; it'll link your indoor and outdoor spaces and make your home more livable.
Insulation upgrades can save you money on your heating and cooling bills. And if your roof is old and leaking, you'll want to spend money. It may not be a massive project in the end, but it will still improve the look of your home and provide more value for potential buyers.
1. Major Structural Improvements
When it comes to spending money, you'll want to ensure your home is up to code. This means installing things like a new roof or new plumbing.
Structural improvements are a must. There are no cutting corners here. It will future-proof your home and ensure that it's safe. And there's nothing more important than that.
2. The Outdoor Space
Outdoor space can make any home more livable. And can add money to a property. Think about landscaping your outdoor space with planting, furniture, and spruce up of outdoor paintwork. It adds to the all-important curb appeal of your home and helps future proof the property by keeping it weatherproof.
Consider investing in an outdoor grill and other amenities for entertaining guests and family members. Beyond the backyard, you'll also want to consider installing a new driveway or walkway and landscaping around the perimeter of your property.
3. Doors And Windows
Your front door is one of the first things people see, which is why this is worth putting money into. You can start by updating the hardware or replacing it entirely. You'll also want to make sure your paint job looks fresh and bright. Sometimes all it takes is a little bit of time to go bad, so be proactive about making sure you keep up on these details.
This applies to your windows too. They do a lot of work to keep you safe, warm, and dry. So it makes sense to spend a bit of extra cash keeping them tip-top. Likewise, investing in highly customizable patio doors doesn't just add value to a home; it'll link your indoor and outdoor spaces and make your home more livable.
Which Areas Should You Save?
You don't have to flash the cash on every project for home renovations. Instead, you can significantly impact your home's value by investing in inexpensive projects that will increase the overall quality of the space.
Any area of your home that is still in good condition doesn't need more money than necessary. For example, if your bathroom looks good but isn't your style, just paint the tiles. Or, if your kitchen cupboards are basically new but don't match your aesthetic, get a tin of paint out.
1. These Four Walls
Walls are an essential element for your home's aesthetic, and they can also add value. Installing new paint or wallpaper will help you add some personality to each room. And these changes can increase the value of your house by up to 19%. Plus, they're pretty cheap.
Exterior paint colors are an easy way to freshen up the look of your home without added expense. If you're not sure where to start with colors, consider looking at other homes in your neighborhood. You'll quickly understand what color schemes are popular in the area and what might work for your home.
2. Clever Lighting
Another way to update your home is with lighting. By installing new light fixtures, you'll be able to replace dated fixtures for a more contemporary look. You can even try out a chandelier or pendant lights for a different feel.
Lighting has been shown to significantly impact the emotional perception of a space. In fact, people have been shown to prefer areas with more natural light over darker ones. And you can fake this by adding affordable, well-placed light fittings. There are plenty to choose from and will fit any budget imaginable.
3. Furnishings And Fittings
One of the easiest ways to update your home on the cheap is to buy new furniture and appliances. You might not need to go out and buy brand new things every time, though. Getting out a sander and can of paint is enough for some pieces. And you'll be surprised at how much a new color and a bit of love will transform a tired piece of furniture.
A simple way to update a room is to replace the hardware. Consider your kitchen. Just swapping out the door handles can change the look altogether. Especially if the kitchen is still in good condition.
Any area of your home that is still in good condition doesn't need more money than necessary. For example, if your bathroom looks good but isn't your style, just paint the tiles. Or, if your kitchen cupboards are basically new but don't match your aesthetic, get a tin of paint out.
1. These Four Walls
Walls are an essential element for your home's aesthetic, and they can also add value. Installing new paint or wallpaper will help you add some personality to each room. And these changes can increase the value of your house by up to 19%. Plus, they're pretty cheap.
Exterior paint colors are an easy way to freshen up the look of your home without added expense. If you're not sure where to start with colors, consider looking at other homes in your neighborhood. You'll quickly understand what color schemes are popular in the area and what might work for your home.
2. Clever Lighting
Another way to update your home is with lighting. By installing new light fixtures, you'll be able to replace dated fixtures for a more contemporary look. You can even try out a chandelier or pendant lights for a different feel.
Lighting has been shown to significantly impact the emotional perception of a space. In fact, people have been shown to prefer areas with more natural light over darker ones. And you can fake this by adding affordable, well-placed light fittings. There are plenty to choose from and will fit any budget imaginable.
3. Furnishings And Fittings
One of the easiest ways to update your home on the cheap is to buy new furniture and appliances. You might not need to go out and buy brand new things every time, though. Getting out a sander and can of paint is enough for some pieces. And you'll be surprised at how much a new color and a bit of love will transform a tired piece of furniture.
A simple way to update a room is to replace the hardware. Consider your kitchen. Just swapping out the door handles can change the look altogether. Especially if the kitchen is still in good condition.
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