How to Update Your Home on a Budget

These simple ideas and tips on how to update your home on a budget will help you give your home a new and updated look without spending a fortune.

Are you tired of your home looking old and dated, but lack the funds to make major renovations?

The good news is that there are tons of ways to update your home even on a limited budget without having to do any major renovations.

Best of all, you can make these updates over the course of months, so you won’t be laying out too much money at one go.

Keep reading to find out some great and fairly inexpensive ways to update your home on a budget.

(You may also want to read this article to uncover the things that make your house look cheap to help you avoid the pitfalls.)

How to Update Your Living Room and Bedrooms on a Budget

Here are some simple and cost effective ways to update your living room and bedroom on a budget.

Paint

One of the best and faster ways to start updating your home cheaply is by starting with a new coat of paint.

A fresh coat of paint can make your entire home look brighter and newer. If you are going with the 2020 trending colors stick with the lighter colors or the earthy tones and save the bright and bold colors for some of the accents.

Add an Accent Wall

A wonderful way to update a room and give it a fresh new look is by adding an accent wall.

You can get wood pallets for a small fee or for free and they make a great accent wall for country style walls. However, making an accent wall of wood pallets can look great with a more modern home when combined with the right lighting and accents.

You can also choose to go with wallpaper or even a different color of paint to create your accent wall.

Distressed Wood Panel Wood Grain Self-Adhesive Peel-Stick Wallpaper (VBS308)Modern Non-Woven 3D Wallpapers, Pattern Environmental Protection Wallpaper

(You may also be interested in these amazing bathroom accent wall ideas).

New Window Treatments

Not only do window treatments help to provide the privacy you need in your home, but they also add to the decor of your home. Replacing your old window treatments with new ones is an inexpensive way to update your home without the hassles of renovation.

Magic Drapes Home décor Double Pinch Pleated Blackout Window Drapes ChadMade Rural Pastoral Print Window Pinch Pleated Blackout Lining Drapes

(You may want to read this article on how to choose the right window treatments for your home).

Accent Rugs

Accent rugs also called area rugs is one of the easiest and affordable ways to update a room. They come in different colors and sizes to suit any room in your house. And they are so versatile, you can use them on any type of flooring (wood, tile or carpet).

Superior Modern Rockwood Collection Area Rug Safavieh Hudson Moroccan Diamond Trellis Rug

Go with New Accent Pillow Covers

You can give your room a fresher look by covering your accent pillows with new covers.

Top Finel Decorative Throw Pillow Covers 18 x 18 Inch Soft Particles Velvet H.VERSAILTEX Velvet Plush Easy Care Decorative Throw Pillow Covers Soft Elegant

If you are good at sewing you can even make the covers yourself. Accent pillow covers are a great way to add the newer brighter trending colors to your home, to give it a more updated look.

Crown Molding

Adding crown molding to your living space easily changes the look of your room and gives your room a more formal look and feel.

Crown molding should be a lighter shade than your walls, but the same basic color.

Unless you have very high ceilings and want them to look lower, crown molding should never be the same color as your ceiling.

Hanging Shelves

If you need more storage space, making and placing hanging shelves can give your home a more modern and updated look.

All you need is a bit of rope, a metal rod, some plywood and paint and you can make a great looking hanging shelf that adds to your décor and provides you with additional storage space.

Don’t feel like DIYing, check out these shelves on Amazon.

Add a Mirror or Two

Mirrors are great additions to any home décor and adding a mirror or two to your living or bedroom space can help give your home an updated look.

Choosing unique and modern looking mirrors can really make a huge difference to any room in your home. Mirrors can also help brighten up a dark room.

Umbra Dima Mirrors, Set of 3, Trio of Decorative Mirrors for Wall Art Decorative Wall Mirrors Large Grecian Venetian Mirror

Ways to Update Your Kitchen on a Budget

Kitchens are one of the rooms of your home that most often need to be updated. There are several things you can do to update your kitchen and still stick to your budget.

Here are some easy and fairly inexpensive kitchen updates.

Add a Tile Backsplash to your Kitchen

Tile backsplashes are not that expensive and it is a fairly easy DIY job and can go a long way in updating your kitchen and give it an entirely new look.

If your kitchen happens to be on the darker side choose a backsplash that will lighten and brighten up your kitchen.

Paint your Kitchen Cabinets

If you have wooden cabinets, and the color of your cabinets is screaming dated, you can update your kitchen cabinets simply by giving them a good clean and a little sanding and a new coat of paint.

It can be amazing how much a new coat of paint on tired looking cabinetry can give them a fresh new updated look.

Go with New Hardware

Whether or not you repaint your cabinets, giving them new hardware can give your kitchen a new updated look. Brass hardware can give your kitchen a more modern look as can decorative knobs.

25 Pack – Cosmas 702-4BB Brushed Brass Contemporary Cabinet Hardware 4PCS Brass Decorative Cabinet Knobs Kitchen Hardware

Other Simple Ways to Update Your Home on a Budget – Throughout the House

There are a few things you can do throughout the house to put the final touches on your budget updates.

Here is a look at those updates that can make a huge difference in your home.

Go With New Lighting Fixtures

You can update the light fixtures throughout your home. Since bright metallic colors are trending right now, gold and glass fixtures will add a bit of sparkle to any room of home.

You can go with just changing your plug in lights, or buy a new floor lamp or two to add to your overall updated look.

Industrial Plug in Pendant Light E26 E27 Industrial Hanging Light FadimiKoo Plug in Pendant Light E26 E27 Industrial Hanging Pendant Lights Floor Lamp – LED Floor Lamp, 70inch Modern Standing Lamp Brightech Maxwell – Modern LED Shelf Floor Lamp – Skinny End Table & Nightstand

Use Inexpensive Ribbon to Update

If you use small baskets, or glass jars to store items in your home, and have them set out as part of your décor, you can purchase inexpensive ribbon to decorate these items.

Choosing ribbon in 2020 trending colors is an inexpensive and simple way to update your décor.

Home Updates on a Budget – Additional Tips

Update your room one room or one job at a time. For example, if painting the entire house, then do the painting first. Other than painting you can take the rooms one at time.
Do your updates over time. Many of these updates can be done by you and completed in a weekend, so take your time and make each update as each budget allows.
Before starting your updates, view your home with a critical eye to see what areas really need to be updated. Decide what areas really need to be updated and work on those areas first.
When changing wall decor or other small items to update your home instead of purchasing items new consider checking out thrift stores or exchanging with a neighbor.

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