Home Renovation Projects Under $1,000 That Add Lasting Value

Enhancing your living space doesn’t always require a hefty budget. Numerous home renovation projects can add significant value to your home without breaking the bank. Whether you’re preparing to sell or simply craving a fresh look, this Redfin article will unveil a curated list of budget-friendly home renovation projects, all under $1,000. 

So, if you’re looking for easy DIY projects for your home in Grand Rapids, MI, your apartment in Portland, OR, or you want to increase your home’s value, discover how these cost-effective projects can breathe new life into your space.

1. Add fresh paint to the walls of your home

A fresh coat of paint can significantly influence your home’s perceived value. It instantly revitalizes the space, making it feel brighter, cleaner, and updated. The cost of a paint project can vary, but on average, a gallon of quality paint may range from $30 to $50, and for an entire room, the cost can be around $200. 

Consider timeless neutral shades like soft gray, warm beige, or crisp white for a versatile and elegant look that appeals to a wide range of tastes. If you’re feeling adventurous, opt for an accent color like navy blue, forest green, or mustard yellow to add personality and character to your space. Alternatively, you can experiment with calming hues such as sage green or powder blue for a serene and inviting atmosphere.

2. Update your cabinet hardware

A cabinet hardware update is a subtle yet effective strategy to elevate your home’s functionality and aesthetic appeal. Swapping outdated or generic cabinet handles and knobs for modern, stylish alternatives instantly transforms kitchens and bathrooms. Consider sleek brushed nickel handles for a contemporary touch, or opt for vintage-inspired brass knobs for a timeless charm. This modest investment typically costs between $2 to $10 per piece.

3. Change the kitchen backsplash

Transforming your kitchen with backsplash is a savvy home improvement project that seamlessly merges style and functionality. Introducing a custom kitchen backsplash protects your walls from daily wear and becomes a focal point that elevates the entire room. 

Opting for affordable ceramic or glass tiles, which can be found for as low as $1 to $5 per square foot, allows you to stay within a $1,000 budget for a standard-sized kitchen. Or you can opt for a peel-and-stick backsplash that is not only budget-friendly but a quick solution to make your kitchen stand out.