NICK COWDY / Residential Sales Consultant, Principal Agent
Transforming your first home can feel overwhelming, especially when on a tight budget. However, with some creativity and strategic planning, you can make impactful changes without spending a fortune. These budget-friendly renovation tips will help you give your first home a stylish facelift without breaking the bank.
Budget Wisely
Setting a budget is crucial to avoid overspending. Start by determining your overall budget, then allocate funds to different areas of the renovation. Break down the costs for the kitchen, bathrooms, bedrooms, living areas, and exterior. This method helps you manage your finances and ensures you don’t blow your budget on one area.
Tip: Reserve 10% of your budget for unexpected expenses. This buffer will help to cover any surprises and keep your project on track.
Focus on Key Rooms
You don’t need to completely renovate your entire house to see a significant improvement. Instead, concentrate on a few key areas, such as the kitchen and bathroom. These rooms not only add the most value to your home but also see the most daily use, making them ideal candidates for upgrades.
Kitchens
Small changes can make a big difference. Consider painting cabinet doors, adding a stylish splashback, or updating light fixtures. Self-adhesive tiles are an affordable and easy-to-install option for a fresh new look.
Bathrooms
Simple updates like new mirrors, faucets, or even a fresh coat of paint can transform the space. Adding storage solutions can also improve functionality and aesthetics.
Think Long-Term Value
Even if you plan to stay in your home for a while, it’s smart to consider how renovations will impact its resale value. Focus on improvements that offer the best return on investment. Kitchens and bathrooms are top choices, but don’t overlook other high-impact, low-cost updates like fresh paint, new flooring, or modern lighting fixtures.
Embrace Recycling
Recycling is a fantastic way to stay within budget while being environmentally conscious. Look for recycled materials like wood, plastic, and metal for your renovation projects. These materials are often cheaper and just as durable as new ones.
Tip: If you’re replacing appliances or furniture that are still in good condition, sell them instead of discarding them. The extra cash can help fund other parts of your renovation.
Clean and Refresh
A thorough cleaning can work wonders for your home’s appearance. Focus on both the interior and exterior to create a fresh, inviting atmosphere.
Exterior
Remove mould, dirt, and grime from your house’s exterior. Products like 30 Seconds and Wet & Forget can be attached to your hose for easy application. If you’d prefer an even cheaper option and you’re up for a bit of hard work, many people swear by a splash of detergent and bleach in a bucket of water. Apply the solution with a soft broom or telescopic house brush, although stubborn dirt and mould may require hand scrubbing. Test your mixture on a small area first to avoid discolouration, and rinse your house thoroughly afterwards.
Interior
A good clean can brighten up any room. Pay special attention to high-traffic areas and stubborn spots. Clean windows and light fixtures to maximise natural and artificial light.
Update Interior Walls
Changing your wall décor can dramatically transform your home. Consider these budget-friendly options:
Removable Wallpaper – Peel-and-stick wallpaper comes in various colours and patterns, offering a quick and easy way to refresh your space without the mess of traditional wallpaper.
Paint – Painting is a classic way to update a room. Whether you opt for a full-room repaint or a single feature wall, the key to success is in the preparation. Fill and sand any dents or defects for a smooth finish. High-quality paint might cost more initially, but it will be easier to work with and provide better coverage.
Wall Panelling – Suitable for modern or period homes, this stylish trend can add character and hide imperfections. There are plenty of tutorials online that can help you install this yourself, like this one from Bunnings.
Install a New Splashback
A new splashback can serve as a focal point in your kitchen. Self-adhesive tiles are an affordable DIY option that is easy to install – just peel and stick. Make sure to choose heat-resistant tiles for areas near the cooktop.
Refresh Kitchen Cupboards
Updating your kitchen cabinetry can give the whole room a facelift. Instead of replacing the doors which can be costly, consider painting them in a modern colour instead. Changing the handles can also make a big impact without a hefty price tag.
Switch Out Blinds and Curtains
New window treatments can dramatically change the look of a room. Ready-made blinds and curtains are available at various price points and are easy to install. Browse interior design websites and magazines for inspiration, then shop at local stores or online for the best deals.
By focusing on these budget-friendly renovation projects, first-time homeowners can upgrade their homes without overspending. With careful planning and a bit of creativity, you can transform your space and increase its value, making it a more enjoyable place to live.