Even though we’re in the middle of winter, there’s just something so rejuvenating about the upcoming spring season. After three or more months of freezing temperatures and snow, the idea of updating your home might even feel exhilarating. After all, spring is all about starting anew and getting your home ready for summer. If you’ve been wanting to renovate your home but aren’t sure where to start, this post is for you. Here are five updates you should have on your renovation radar.
Freshen Up Your Walls
Nothing breathes new life into a room faster than a fresh coat of paint. It immediately transforms your space from drab to fab and isn’t really that expensive to do. This year, it’s all about bold colors. Whether you want to go rich and use a warm hue or brighten things up with bright whites or muted yellow, it’s completely up to you. But before you grab your paint brush, you need to make sure your walls are primed first. Patch and sand any dents or dings in the walls prior to repainting. If your home is very old, you might want to consider replacing the drywall altogether.
Since replacing walls can be expensive, especially when you factor in the cost of materials and labor, you need to determine how much can afford first. One way to cover home improvement projects is getting a home equity line of credit (HELOC). A HELOC is a loan option available to homeowners. Equity is accumulated the longer you pay on your mortgage. How a HELOC works is that you borrow a certain amount that’s based on what you’ve already paid. So, to give you an example, let’s say your house was worth $400,000 and you have already paid off $250,000, you’ll be able to borrow that to use for whatever you need. Just remember that you must pay back what you took like a credit card.
Swap Out Interior Doors
Just like your exterior doors, swapping out interior doors can make a huge difference. You can choose pre-hung doors (those that are mounted in the frame) or custom designed slab doors that can be hung from the pre-existing frame. Just make sure the ones you choose complement your home’s overall style and are the right size.
Upgrade Your Flooring
If your floors have been around for years, chances are it might show signs of wear and tear. Upgrading your flooring can be either a simple process or a difficult one, depending on what kind you have. If your floor is made of carpet, vinyl or laminate, the process shouldn’t be too much to handle. But even though there are cost effective flooring options, if we’re talking about something such as solid hardwood, then you might need to take another look at your budget.
Install Wood Molding
Wood molding is something that many homeowners overlook at first. This is what holds two materials together, so they don’t fall apart. Wood molding, which also known as trim, is often seen in window frames and doors. The cost of installing it varies per linear foot, so make sure to measure out the object in question. It’ll help you better incorporate the cost into your renovation budget.
Add Built-in Shelves
Adding a little more space is always a nice thing to have. And the best part is that it’s relatively easy to implement as well. When it comes to adding space, many think that they must get a slight home remodel. However, that’s not necessarily true. All you really need is to allocate wall space for built-in shelves. Built-in shelves are very budget-friendly, which makes them easier to afford.
