Regardless of size, most home improvement projects will require you to shell out money. Now, the question is, what kind of home improvement project will best fit your budget?
Whether you’ve saved up for a large project or only have a small budget to work with, there is a home improvement project for you. Here are some of the best ideas you can consider for your next project, classified from cheapest to the most expensive:
Cheapest home improvement projects
Want to upgrade your home without breaking the bank? Here are some home improvement projects that come with a small price tag:
Repainting your walls
Cost: $200-$300
Breathe new life into your rooms by adding a fresh layer of paint. Aside from being one of the cheapest ways to improve your home, repainting your walls can make a big difference in how a room looks. In fact, it can make your room feel like an entirely different space. Furthermore, you can save money on labor costs by repainting your walls yourself. It is not that hard, and you don’t need to be a professional to achieve an even paint job. Although, you might want to watch some YouTube tutorials beforehand if you are a complete novice.
Install a water filter
Cost: $250-$300
By installing a water filter in your home, you can save money on bottled water and reduce your plastic waste at the same time. And unlike tap water, filtered water doesn’t taste weird and is safe to drink.
Restore your wooden deck
Cost: $80-$150
If it’s been a while since you’ve shown your wooden deck some love, it might already be looking drab, dirty, and ridden with algae all over. Luckily, you can restore your wooden deck to its former glory by power washing the wood, scrubbing it, and then applying a fresh coat of protective staining. If you want the wood is too old, however, consider replacing it with engineered flooring.
Mid-range home improvement projects
If you have a few hundred more dollars to spare, here are some mid-range home improvement ideas you can invest in:
Replacing a major appliance
Cost: $500-$1,000
Most major appliances have a lifespan of around 15-20 years, depending on how well they are maintained. If one or two of your major appliances (e.g., washing machine, dishwasher, refrigerator) are already past their lifespans, consider replacing them to save money on electricity bills and avoid hefty repair bills for when they eventually fail.
Install a programmable thermostat
Cost: Around $500
A programmable thermostat can help reduce your energy bills by a significant amount as it increases your home’s energy efficiency. Aside from that, a programmable thermostat keeps your home at a consistent temperature without needing constant adjustment.
Replace your kitchen cabinets
Cost: $1,000-$3,000
Having new kitchen cabinets can totally change your kitchen’s look, especially if they are already showing their age. If you choose high-quality kitchen cabinets to install, you can expect them to last up to 50 years.
Expensive home improvement projects
So you have a big budget to burn for upgrading your home. To ensure that you get your money’s worth, here are some high-end home improvement ideas you should consider:
Build a deck
Cost: $2,000-$7,000
A deck is one of the best additions you can make to a home. Apart from increasing your property’s value, it also adds living space that you and your family can enjoy while spending time outdoors. It’s also a great space to entertain guests, especially in the summer when it’s the best time to hold gatherings outdoors.
Replace the roof
Cost: $7,000-$8,000
The lifespan of your roof will primarily depend on the materials used. For instance, asphalt composition roofs can last for about 20 years, wood shake roofs for 30 years, and slate, copper, or tile roofs for 50 years. Your roof’s lifespan will also depend on the climate, weather, and upkeep. If your roof is past its lifespan or if you are making more frequent repairs than usual, consider replacing your roof entirely.
Remodel a bathroom
Cost: $8,000-$9,000
The cost of remodeling a bathroom boils down to the materials used, your bathroom’s size, and the style you want to achieve. But on average, remodeling a bathroom can be quite expensive. Nevertheless, it can make a difference in your home and is a great way to upgrade your lifestyle.
As you can see, there is always a home improvement project for any budget, and you don’t always have to shell out a large amount of money to make upgrades to your home. But if you have the budget for larger projects, finding the right home improvement project will ensure that your money goes to the right investment.
