DIY hacks to spruce up your home that will save you money – Yahoo Finance

Although some home improvement projects can be a fun distraction amid COVID-19, they can also be a hefty expense.

The average cost of a home renovation can fall anywhere between $18,404 and $75,968, according to Home Advisor. Kitchen renovations alone can eat up as much as $25,000 and bathrooms can force homeowners to doleout roughly $10,000.

What affectsprices and how much consumers end up spending depends on the size of the room, if there are any underlying problems, the cost of materials and the extent of the remodel, Home Advisor noted.

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However, if you don't have an extra $80,000 laying around, there are simple fixes from changing up some wallpaper, throwing on a fresh color of paint or changing some light fixtures can be an easy and cost-effective solution to transforming a space.

To help consumers out, experts at The Family Handyman Magazine compiled a list of home upgrades that consumers can do, all of whichcost under $500.

And although sprucing up your home may come with its financial headaches, it's also important to note that DIY projects alone eliminate one of the biggest expenses that can occur during these projects.

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Here are five ways The Family Handyman discovered that could help soften the financial blow.

1. Bathroom makeover

Making over a bathroom can seem daunting. Luckily, it may be as simple as replacing your countertops. A new granite bathroom vanity top can be found at retailers such as Lowes and Home Depot. Their prices range from$150 to $450 depending on the size, according to the magazine. To complete the "new" look, consumers can also replace their faucet and mirror.In total, the cost of the project may average around $430and take a minimum of two to three days to complete, the magazine claimed.

2. Upgrading wallpaper

Changing up a room can be as simple as adding or changing the wallpaper on just one single wall. The project should only take one full day at most and adouble roll of paper can cost around $122. However, supplies including asacrylic primer, which will help to seal the wall surface, can run consumers another $20 to $50.

The outlet cautioned that some wallpaper may prove to be difficult to hang. In that case, they suggest hiring an expert for an additional$150 to $250.

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3. Adding halogen track lighting

Track lighting gives consumers the flexibility to put the lights exactly where they need it. According to the outlet, tiny halogen bulbs emit a "dazzling white light"which can help brighten a space. Track lighting, which has dropped in price within recent years, can also connect to any existing junction box in the ceiling. This means homeowners don't need to install a transformer, the outlet noted.

The rail system, that hangs below the ceiling, will hold both spotlights and pendants and typically runs either 4 or 8 ft. Kits for these systems can be found within lighting stores, home centers such as Home Depot or online. Their price starts out at about $150 and installation may take one to two hours.

4. Adding kitchen rollouts

Kitchen rollouts are a cost-effective solution to reorganizing the space. The rollouts, which can cost anywhere from $40 to $80, can help bring things such as pots and pans more accessible while freeing up more space. Installation is also very quick, with the outlet pegging it at about 15 minutes.

5. Trim and painting

Painting and adding trim to a room can also be a simple and creative way to spruce up an area. Two simple lines of trim can create a perfect framework for a two-color wall combination, the magazine reported.

However, consumers are urged to prepaint the trim and paint the walls before putting up the trim. After it's in place, homeowners can then touch itup with paint.

It was estimated that six gallons of paint would cost around $180 and 80 feet of chair rail and crown moldings cost roughly $200. The project should take anywhere between two to three days.

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DIY hacks to spruce up your home that will save you money - Yahoo Finance