Have you recently bought a house? Or do you feel that it’s time to finally renovate and change things in order to get your dream home? Interior decorating is one of the best ways to add a personal flair. Improving your space doesn’t happen overnight. It may require not only creativity and time but also lots of money. Here are the best ideas on how to spruce up your home and upgrade your quality of life.
Clean Out and Be Resourceful
Before you start renovating and improving your house, it’s time to clean out and get rid of things you don’t need anymore. Use this home improvement time as a chance to clean out or sell the things you don’t use. This way you will also be able to make a little money and invest it in renovating your new space.
Invest in Things That Matter
There are plenty of DIY projects to help you save some money. Such projects really help to decorate a house on a budget and leave money necessary to invest in things that matter.
Do you need a new dining room table or a new bed? It’s worth to put aside some money for important décor or pieces of furniture. Purchasing a cheap bed may save you some money now but investing in a high-quality bed will save you money in the long run and it will last you for many years.
Budgeting Rules
How to stick to a budget when decorating or renovating your house?
It’s better to make a list of things you need to do/change. Also, financial experts advise adding 10% of whatever your total number is for any unpredicted expenses. Make a spreadsheet and include all the details and costs of renovation.
If you have a set budget for the home improvement you may want to adjust things as you go to make your final numbers work. For instance, if you’ve spent an extra sum of money on floors, then you might go with less expensive walls or lighting to make up the difference.
How to Finance Home Renovation
According to the survey made by HomeAdvisor, the national average house improvement cost for 2018 is $40,783, with some people spending as much as $137,000 for high-end home renovation.
Luckily, there are several home renovation finance options to opt for. First of all, determine exactly how much money you will need to spend.
Depending on your personal situation you may either refinance your mortgage, get a home equity loan, home equity line of credit or a personal loan from an easy loan company. Each of these lending options has its pros and cons. However, applying for a personal loan you won’t get it tied to your home equity. You may choose from secured and unsecured personal loans depending on your needs and preferences.
Cheap Upgrades to Make Your House Look Awesome
Often there is no need to spend thousands of dollars to make your home look great. You may select from a variety of cheap and easy upgrades to decorate or renovate your house. For example, paint just the front door instead of the whole house to give it a fresh look or replace the porch light.
Make your own research for different interesting and cheap ideas. You will be able to choose from small projects such as dressing up an old sofa, updating your cabinet hardware or simply installing a front door kick plate.
Use your creativity together with these savvy ideas and make your home look great and renovated.