Home Renovation Projects for Budgets Big and Small - Home & Texture
Homeownership Home Renovations

Home Renovation Ideas for Every Budget from Affordable to Luxury

Explore options from simple DIYs to full-scale luxury remodels.

September 5, 2024 at 11:40 PM PST
Homeownership Home Renovations

Home Renovation Ideas for Every Budget from Affordable to Luxury

Explore options from simple DIYs to full-scale luxury remodels.

September 5, 2024 at 11:40 PM PST

Transforming your living space doesn’t have to break the bank—or your spirit. Whether you have a tight budget or are ready to splurge, there’s a renovation plan that can give your home the refresh it deserves. Here are some wallet-friendly and splurge-worthy ideas to help you elevate your space.

Photo credit: monkeybusinessimages

Start Small: Under $500

A little effort and creativity can go a long way in this price range.

Paint Makes Perfect

A fresh coat of paint can completely transform a room. Whether you choose a bold accent wall or soothing pastels, paint is an affordable way to revamp your space.

Hardware Refresh

Swap out old drawer pulls, cabinet knobs, or light fixtures for new finishes. This mini-makeover can breathe new life into your home without drastic changes.

home renovation
Photo credit: Eric Vega

Mid-Range Magic: $1,000 – $5,000

Ready to take it up a notch? These projects require a bit more investment but deliver big impact.

Update Your Backsplash

A new backsplash can instantly change your kitchen’s look. Subway tiles or colorful ceramics offer a sleek, eye-catching upgrade that won’t break the bank.

Enhance Your Lighting

Good lighting transforms the mood and functionality of a space. Consider installing recessed lights or a chic chandelier to add both style and ambiance to your home.

formal dining room
Photo credit: Tulcarion

Go Big or Go Home: $10,000 – $50,000

These larger projects can significantly transform your home and boost its value.

Kitchen Overhaul

A full kitchen renovation may start at $15,000 and includes new countertops, appliances, and custom cabinetry. This is a worthwhile investment if you want to create a dream kitchen.

Add a Bathroom

Adding a bathroom costs between $10,000 and $25,000 but adds significant functionality and resale value. Whether it’s a guest bathroom or a luxurious master suite, this upgrade is both practical and valuable.

Basement Remodel

Transforming an unfinished basement into a livable space, like a home theater or gym, can dramatically increase your square footage and your home’s value.

Woman gazing out window in bright room
Photo credit: Getty Images

When the Budget is Unlimited

For those with bigger budgets, these indulgent projects can take your home to the next level.

Smart Home Systems

Automate everything from lighting to security with smart home technology. Basic setups start with smart thermostats, while more advanced systems can control your media, temperature, and security, all with the tap of a smartphone or voice command.

Outdoor Oasis

Turn your backyard into a resort-like retreat with infinity pools, outdoor kitchens, and stylish fire pits. Infinity pools offer stunning visual effects, while an outdoor kitchen lets you cook and entertain under the stars. A fire pit adds warmth and ambiance, perfect for cozy evenings or social gatherings.



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