5 Best Home Renovations for Under $5,000 | The Allstate Blog
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5 Best Home Renovations for Under $5,000

Updated April 2016 Regardless if you own or rent, your home is likely at the center of your universe. It’s where you eat, sleep, socialize and store all the things that matter most. So, why do you feel like it's a little bit outdated? You might be thinking two reasons: time and money, or… Allstate https://blog.allstate.com/wp-content/uploads/2012/08/DIY-Money-iStock.jpg
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Updated April 2016

Regardless if you own or rent, your home is likely at the center of your universe. It’s where you eat, sleep, socialize and store all the things that matter most.

So, why do you feel like it’s a little bit outdated? You might be thinking two reasons: time and money, or the lack thereof. In other words, your busy life may keep you from taking the time to do some home upgrades yourself while your household budget may also prevent you from hiring someone to do the job for you.

Fret not, because we’ve compiled a list of five quick ways to help spruce up your home without breaking the bank.

1. Paint It Out

It’s easy to overlook the wall colors in your home. Applying a fresh coat of paint can be one of the simplest and cheapest ways to take an old room from drab to fab, according to HGTV. If you’re not confident with your ability to color coordinate, snap some pictures of the rooms you want to repaint, take them to your local home improvement store and ask for some help, says Better Homes and Gardens. There’s no shame in admitting you don’t want your dining room to have the color palette of an entire crayon box and need some assistance to help avoid it.

2. Get Some Light

Dim lighting can be great for romantic dinners but not so much for when you’re cooking, doing laundry, taking showers and all the other things you do at home most days. Practical matters aside, low light may also make the interior of your home appear a little dull. Consider brightening up your life and getting some new light fixtures. According to Better Homes and Gardens, it’s a quick and affordable way to freshen up a room, and with a $5,000 budget, a half-day’s worth of time and a trip to the store, you can likely outfit most of your home, no sweat. Remember to treat lights like furniture. They should be functional and fashionable. The floor lamps you had in your college dorm might not work anymore.

3. Caulk and Tile

A bathroom renovation can seem daunting, especially if you only have one. The prospect of navigating around a demolition zone every time you want to brush your teeth or take a shower isn’t something anyone wants to think about, but with a little planning, you can make some minor bathroom updates without sacrificing function.

Start by re-caulking around sinks, showers, toilets and tubs to get rid of unsightly grime, says DIY Network. Then pick out some affordable new tiles for the floor, and you’ll be in business. Unless you’ve got plenty of experience, though, hire a professional to do the job. It may be relatively inexpensive, but it isn’t easy. Sure, new sinks and toilets are great — and probably within range for a $5,000 budget (provided you didn’t go with marble flooring) — but caulk and tile may be all you’ll need to make an impact.

4. Clean Up Your Act

Simple and free — a perfect combo. Yes, all you’ll need to do to clean up your house is … clean up your house. Set aside a weekend and go through a majority of the items cluttering up your abode. (You probably don’t need any electronic device made back in the early 2000s. Or, that cargo pant phase you went through? Yikes!) Donate or recycle the junk, sell anything that may yield more than $5 at a yard sale or online and enjoy the newfound order you’ve created in your home.

5. Knobs, Pulls and Counters

Kitchen renovations can be stressful, but it doesn’t have to be that way. According to Better Homes and Gardens, new cabinet knobs, drawer pulls and countertops can be installed on a reasonable budget and rejuvenate even the stalest of kitchens, with minimal stress.

Renovating your home doesn’t need to be time-consuming or expensive. Hopefully, these five upgrade ideas can help you start to give your home some much needed tender love and care.

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Jen Kincaid
Digital Content Project Manager
Jen produces home, renters, condo and financial content for The Allstate Blog.