Remodeling projects come in all shapes and sizes. No matter what your budget is, whether it’s big or small, there’s a home improvement project that perfectly suits you.
Deciding how much to spend depends on many factors, including how you plan to finance your remodel, what your family needs, and how much return on investment you’ll achieve when selling in the future.
Keep reading to discover our best home improvement ideas for every budget.
Smaller budgets: Between $350-$5k
Install New Windows
Replacing your windows is a budget-friendly way to revamp your home, as is adding new windows to spare walls. Changing your windows can quickly modernize the interior and exterior of a home, while installing a new window can boost natural light and enable you to rearrange interior living spaces. New windows can cost between $800-$5k, depending on the style, while replacement windows average around $350 per window.
Refresh your kitchen
Kitchens are often considered a major home improvement project, but you can modernize your cooking space on any budget, depending on the type of kitchen remodel you want to adopt. Small changes, like new flooring, cabinets, worktops, or finishings can drastically change the feel of your kitchen, while only costing a few hundred or thousand, depending on how much work you do.
Modernize the bathroom
You can spend as little or as much as you like on a bathroom remodel, but (provided you want to keep utilities in the same place and aren’t knocking down walls) you can refresh your bathroom on a budget as low as $2,500. Changes like installing new utilities or tiles, updating paint colors, and renewing your finishings can make a big difference for a small price.
Middle budgets: Between $5k-$25k Add vaulted ceilings
Vaulted ceilings offer modern elegance or a rustic overtone to large interior spaces. You can install vaulted ceilings anywhere in a home, but they are particularly impressive when added to open kitchen, living, or dining rooms. Despite being a dramatic design feature, a retrofit can be achieved with budgets between $18-25k.
Convert the attic, basement, or garage
Conversions are one of our favorite winter home improvement projects. Remodeling your basement, attic, or garage is a fantastic way to add value to a property. Garage conversions generally start around $5k, basement conversions around $12k, and attic conversions at $20k. Because they add to the square footage when converted, plus offer extended living space, these renovations typically offer the best return on investment.
High budgets: $25k+
Add a small or large addition
Higher budgets are best reserved for projects that add to the square footage of your home and provide extra space. Small or large additions, like same-level house extensions, dormers, or double-story additions, can cost anywhere between $12k-$150k, sometimes more, depending on how drastically you want to change your living space.
How to plan a remodel
Planning a remodel starts with just one thing: a commitment to turn your dreams into reality. Breaking down the stages into small steps is the easiest way to move forward without feeling overwhelmed. Bookmark this post to be able to review the best home improvement ideas for every budget
At Candid Home Design, we find the easiest way to start planning a remodel is to start with these 5 steps:
- Decide your timeframe
- Set your budget
- Determine the scope
- Get inspired
- Seek advice (read our guide on why you should hire a designer to learn more!)
Grab your FREE Remodel Launch Guide to start planning your remodel today. Our freebie guide can help first-time remodelers turn their daydreams into a reality in just three simple steps!
