Cheap home renovations for under $5,000 – Forbes Advisor

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Tired of looking around your home and seeing the same old paintwork and furniture? Thinking of selling in the near future? Ready to make some changes but not financially ready to afford the cost of a full renovation? Whether you’re increasing the real estate value of your home, remodeling a newly purchased home, or just want a change of pace, here are some easy home renovations you can do for under $5,000.

Estimated costs are based on the US national average. The exact cost may vary depending on your location, the professional services used, the size of your home, and the materials you choose, among other things.

General interior renovations

These renovations can be done in multiple rooms to make your home inexpensive but transformative.

interior painting

Whether you go for an accent wall, solid colors, or an on-trend design, applying a fresh coat of paint is one of the quickest ways to transform your home’s interior. At an average price of $3.50 per square footpainting a 10×12 room ends at about $100 to $300 if you DIY. Getting your walls professionally painted can add anywhere from $150 to $700 depending on the size of the project, but it can be worth it if you’re pressed for time.

Refinish or recoat hardwood floors

Refinishing hardwood floors is daunting and time-consuming, but it doesn’t have to be expensive. The entire cost, including sanding and staining, goes around $3 to $8 per square foot if done professionally and from anywhere $500 to $1,000 (without machines or other additional costs) as DIY. On the other hand, there is recoating (the application of a protective coating). $1 to $2 per square foot and a preferred option if your floors are still in good condition.

Incorporating an interior design theme

Often making a home feel brand new can be as simple as changing the furniture and style. Consider customizing certain rooms of your home to a specific colour, pattern or style and getting rid of or renovating and upgrading any furniture that no longer matches it.

It also simplifies the shopping process: you can save money by buying wholesale and benefit from cheaper prices on themed sets of dishes, bedding and accessories. By unifying your home or a space with a pleasing aesthetic, you can make it appear like you are an interior design expert. And if you have some furniture that you can’t part with but doesn’t quite fit anywhere – go ahead and add a cozy, eclectic vibe to that one space.


While the cost of a full kitchen remodel is average $25,000, there is no need to break the bank to upgrade. Here are some ideas for an inexpensive kitchen remodel.

replace devices

Important kitchen appliances such as refrigerators, stoves and dishwashers can be replaced surprisingly cheaply. Depending on the brand, it is possible to spend less than $500 per large unit (without additional fees). Don’t forget to ask a retailer about bundle deals or discounts if you’re buying multiple devices, which can save you up to $1,500. Learn how to install a device yourself for extra savings $100 to $500.

Complete a cabinet and drawer makeover

With a new coat of paint and finish, you can transform the entire look of your kitchen simply by giving the cabinets and drawers a fresh look. If you’re more concerned about style but don’t want to—or need to—replace everything, consider a makeover instead: Replace just the closet doors ($50 to $90 per cabinet) and drawer fronts ($30 to $50 per drawer).

Replace countertops

Replacing countertops is a common kitchen renovation. The most inexpensive are ceramic and porcelain stoneware tiles $5 to $30 per square foot and are easy to build yourself if you don’t mind taking the time to install and maintain them. Laminate worktops are slightly more expensive on average $25 per square footbut offer a diverse range of colors and styles.

Repeat the backsplash

Remaking the backsplash is both a surprisingly easy DIY and a classic way to bring creativity and personal flair to an otherwise normal kitchen. Inexpensive materials are easy to find, from peel and stick patterns to painted planks, discount tiles, and stencil designs. Cost varies depending on the material you choose, but you can easily get the job done on a budget of $600.


Bathrooms are a common priority in home remodels, and for good reason: nobody wants to shower in an unattractive room getting ready for the day. As with kitchen remodeling, cheap bathroom remodeling ideas include replacing the backsplash, recasing cabinets and painting walls, but here are two additional ideas for a budget makeover.

Install a prefab bathroom vanity

Finding a premade vanity set couldn’t be easier: double vanities, floating vanities, and even corner vanities are regularly sold in a variety of styles, materials, and sizes. The cost of a prefab bathroom vanity can vary $100 to $2,600. Installation requires a basic understanding of plumbing and some good old-fashioned elbow grease, but if the thought of fiddling with your pipes worries you, professional installation is average $1,500 and can be as low as $300.

Replace a shower

A prefab shower stall or kit comes with all the parts needed to assemble a complete shower and can be found for around or less than $1,000. An even cheaper option if you don’t need to replace the shower tray or bath is to purchase a wall kit (only$300 to $600).

General exterior renovations

Not only the interior design of your house should make a good impression. Don’t forget to consider the exterior when you start thinking about renovation plans.


Power or pressure washing your house can damage the exterior if you’re not careful, it’s surprisingly affordable ($400 to $1,400 average for a two story house) to hire a team of professionals to do the work for you. If you’re nervous about the potential damage from pressure washing, a hose, simple detergents, and a soap or oxygen bleach solution can go a long way.

To paint

The national average for professionally painting the facade of a two story home can be as low as $3,000. If you fancy DIY, the cost can be somewhere in between 500 and 1,000 dollars depending on the size of your home, including accessories. If you don’t want to commit to doing the entire paint job, consider simply repainting the crown molding: It’s cheaper and less work, but still gives your home a fresh look.

Install patio/outdoor flooring

If you have an outdoor space, adding a patio or patio can go a long way toward making it a welcoming place to linger. For a classic brick patio, expect to pay around $6 to $11 per square foot for the bricks and double if you hire a professional to install it. For smaller areas like balconies or patios, consider investing in outdoor flooring. Prices vary anywhere from $50 to $150 Depending on the materials, size and number of patio tiles included in the package, but assembly is easy.

bottom line

An inexpensive home renovation can give any room a fresh look and feel. As summer approaches and the world comes alive again, bringing a sense of newness and change into your home can have a positive impact on mood and lifestyle without breaking the bank. From general interior design to bathrooms, kitchens and more, there is always something that can be done to make a house feel more like home.

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