Whether you’re a homeowner or a renter, these upgrades are easy to implement and can give your home a luxurious feel. Plus, many of them can help you sell your current home when the time comes.
Adding molding to your walls is an inexpensive way to make your home feel custom. It doesn’t have to be Victorian-style molding, even simple millwork does the trick. Upgrading your Hvac system or water heater may be a bit out of budget compared to some more simple tasks. Find out, “Does home warranty cover hvac?” Then, there might be a replacement and upgrade that is more affordable.
1. Paint It
Paint is a quick and cost-effective way to upgrade your home decor. However, it’s important to make sure you use high-quality paint — this will help it last longer.
Paint your walls a neutral color to create a base layer that allows hotter accents and trends to take center stage. Alternatively, use wallpaper on only one wall for a bold pop of color that’s easy to change in the future.
Adding molding or trim to your home is another great way to add a touch of luxury. It doesn’t have to be a fancy Victorian-style molding — even a simple baseboard can make a space feel more expensive.
2. Add Texture
When we think of subtle home upgrades, our minds often jump to painting or adding new draperies. However, many overlooked areas offer the opportunity to add visual texture that creates a welcoming atmosphere in your home.
Designers recommend layering textures to add dimension and create a sense of visual interest. For example, a Turkish rug or woven rattan chair can be used with wood or metal accessories for a custom look that doesn’t break the bank.
Another way to add texture is to use different shades of the same color to add depth to a space. A simple way to do this is by using a dark and light paint to frame a space or using different shades of the same color on cabinets and trim.
3. Add Statement Pieces
The right statement pieces can make or break a space. From a boldly colored sofa to a stunning oversized art piece, adding statement pieces to your home decor is a great way to bring your vision to life.
Keep in mind, however, that a bold item can look overwhelming if there are too many of them in one room. To avoid this, build up the rest of your decor around the statement piece. For example, if you have an ornate accent chair in a room full of neutrals, accent pillows, and a neutral area rug will help balance the room so it doesn’t become too busy.
Before running out to purchase new decor, consider refreshing what you have by adding a pop of color or giving an old piece a facelift. For instance, you could
slipcover a sofa, reupholster a chair or add new knobs to a soulless cabinet.
4. Add Accessories
The right decorative accessories can make your home feel unique and tailored. Choose pieces that match your style and taste, and be sure to include texture in your accessories. A shag rug, flowy window treatments or fluffy throw pillows are just a few options that will instantly add visual interest to your space.
You can also add a touch of luxury by using brushed gold accents and other hardware finishes. It’s an affordable upgrade that can really transform a room.
Rather than splurge on new furniture, focus on upgrading the preexisting pieces you have at home. For example, a small addition like adding molding to the baseboard or chair rail can be an inexpensive way to give your house a fresh look. You could even take a thrifting trip to find affordable vintage pieces to use in your home.
5. Change Up Your Lighting
Light fixtures can be one of the best places to upgrade a room on a budget. Even something as simple as switching from incandescent to LED bulbs can make a significant difference. Look for updated styles of flush mount ceiling fixtures, chandeliers, vanity lights and sconces that offer a more modern aesthetic.
Layering lighting is also a great way to add character and personality, says Kidd. For example, if you like to watch TV in your living room and have a hard time watching the screen because of harsh overhead lighting, try dimmable bulbs for a customizable ambiance.
Other upgrades you can do to your lighting include adding a pop of illumination with table lamps or highlighting artwork or other decor pieces on a bookshelf.