Renovating is big business again with millennials paving the way. According to the 2017 U.S. Houzz & Home Renovation Trends Study, renovators who bought their first home in 2016 spent an average of $33,800 on home renovations. This figure reflects a 22 percent increase relative to 2015’s findings. But whether or not you’re a millennial, you really don’t need $33,800 lying around to throw at renovations to make a big impact on your home.
If you’re like the rest of us, you’re probably not to keen on forking over your life savings for a renovation. But that doesn’t mean you have to live with underwhelming style forever. You can still create a posh style on the cheap and snub your nose at expensive renovation price tags. Here are five ideas to get started.
Ignite your living room decor
A fireplace may feel out of reach, but can actually be a subtle and inexpensive staple for an elegant room or statement piece. You can update your old and uninspired fireplace or install a faux one that no one will even realize isn’t the real thing. Look for electric or TV stand fireplaces that combine space-saving functionality with elegance and charm. And if floor space is a problem, you can also turn to wall-mounted electric fireplaces that give your home a modern touch.
Upgrade your lighting style
Light fixtures are an easy way to give your home an instant upgrade without the hefty price tag. Installing chandeliers in the kitchen or even in a bathroom can add a little luxury to your home. Opt for a softer touch with a fabric-wrapped drum shade for an elegant way to update your lighting. If light fixtures aren’t your thing, you can also get a pick-up a Philips Hue bulb to create wireless ambient lighting that can even match your favorite sunset photo.
Ever wonder how Prince Harry and Meghan Markle are going to decorate their new digs? If they’re going for a royal look, it will surely include a home full of crown molding. This Old House advises that crown molding can enrich a space with an eye-catching transition between walls and ceilings. Go for classic white and complement your royal touch with soft pastel walls for a romantic look that’s trending in the home decor world.
Upgrade the little things
If you feel like there are no options to upgrade in your home within your budget, look for the little details that go unnoticed. An old grate over your vent can be replaced with a decorative cover in a variety of colors or finishes. Meanwhile, source some brass corners to an old frame and adhere to a standard square end table to give it an instant upgrade. Even your curtain ties can go from an uninspired piece of fabric to gold or satin ribbon for a more elegant look.
Minimize and declutter
There’s a way to make your home look like a million bucks for free, and even puts money back in your pocket. Downgrading clunky furniture, getting rid of the clutter, and purchasing an ottoman with a storage compartment are all ways to make your home look more spacious and luxurious. Sell off your old stuff in a garage sale and use the proceeds for a few storage items or save for your next rainy day DIY project.
There are plenty of ways to start making small tweaks to your home that can make a big impact. There’s really no need to shell out tens of thousands of dollars to do it or drive yourself crazy upgrading every room in the house. Start small with the areas that make the most impact and branch out from there. In no time you’ll be ready to have Prince Harry and Meghan Markle over for your next dinner party.