Home Projects To Do Despite Inflation Costs

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Home Projects To Do Despite Inflation Costs

affordable home renovations that add value

Cost-Effective Home Projects That Add Value

You could have many reasons for wanting to do a little home renovation. You might want to change the look of your home to give it a fresh, new feel. You may be considering selling and want to add value to your home.

Whatever the reason, you’ve decided to do some home renovation, but you’ve discovered that your planned budget doesn’t go as far as you’d like it to. Of course, with everything costing so much these days, that’s hardly a surprise.

The good news is that despite inflation, many home renovation possibilities will still fit just about any budget. And remember, it’s not like you have to get everything done at once.

Here are some simple and affordable home renovation projects you can consider.

1) Catch Up On Basic Repairs

How many little repairs do you need around the house? Maybe a couple of window or door screens need replacing. Perhaps it’s time to upgrade your toilet. Are there any outdoor steps that need repair or replacement? Or, perhaps, there’s a drain that keeps giving you issues.

Go around your home and make a list of basic repairs that need seeing to and take on each one by one. The cumulative effect of going through a series of minor home repairs will be a great start to a full-on home renewal project.

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2) Install New Kitchen Cabinets

Of all the rooms in a house, the kitchen probably sees the most traffic. Many people don’t consider the impact cabinets can have on a kitchen’s sense of space and flow.

Consider replacing old cabinets with new ones. For example, you can change their depth, allowing for more headspace alone counters or better utilizing unused space. You can even change the arrangement of your cabinets so it better suits kitchen traffic.

If new cabinets aren’t n the budget, you could also try refinishing and repainting them for a fresh, new look.

3) Replace Hardware and Fixtures

Even though doorknobs, faucets, and lighting may seem like little features that most people would overlook, old or cheap fixtures can hurt a home’s appearance.

Replace knobs, hinges, handles, and doorknobs with new hardware that better fits your home today. Even budget-friendly options can give your house a more modern appearance.

This is also an excellent time to consider upgrading your light fixtures to make them more modern and energy-efficient.

painting to improve home value

4) Consider Some New Paint

Painting is one of the easiest and most affordable home improvements out there. If you’re not planning on selling soon, this is a great time to experiment with colors and allow your home to more reflect your personality.

If you’re considering selling soon, you may want to go with more sober, neutral hues that appeal to a broader range of buyers. Beiges, greens, and other earth tones are all excellent choices.

Don’t think of paint as only being used on walls. For example, if you have dark wood cabinets and are tired of their look, try giving them a facelift by applying a coat of bright white paint.

5) Install New Flooring

New floors could be an excellent home renovation whether you plan to sell or not. Hardwood is a popular, classic choice, but it can be pricey. Laminate flooring makes a good substitute for hardwood if you’re looking for something more affordable.

New flooring can make any home seem brand new. Other possible flooring options that suit almost any budget include cork, carpet tiles, and vinyl.

how to cost effectively install flooring

6) Make Your Home More Energy-Efficient

Eco-friendly home modifications can increase your house’s value and, in the long term, help you save money. You can improve your home’s energy efficiency in many ways, from small additions like weatherstripping on doors to more significant renovations like adding solar panels or a tankless water heater.

You can also inspect your home’s insulation and window integrity to ensure you get the best performance out of them.

7) Add New Landscaping Features

Although a well-kept lawn can seem like a lot of work, shrubs and vibrant plants enhance your property’s overall look and value. If you have the time, the effort is well worth it in how it reflects your home. It can also make leisure time outdoors more pleasant.

Consider purchasing plants native to Charlotte and looking into plants that are water-wise and drought-tolerant. These will need less water and upkeep, saving you time, effort, and even a little money.

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Putting It All Together

Many of the ideas discussed here seem small, but when added together can have a significant impact on your home’s value. More importantly, they can make you feel better about your home and increase your personal enjoyment.

Best of all, none of these ideas are all that expensive to pull off—even during times of inflation.

You’ll always come out ahead with a home improvement project.

If you need help making updates to your personal home or rental property in the greater Charlotte area, fill out a form or give our team a call!