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Budget-Friendly Home Upgrades
Budget-Friendly Home Upgrades
14 Jan 2022

Spending more time at home has led to a growth in people seeking budget-friendly ways to transform and breathe life into various spaces. Whether it is spending time on building a Pinterest board to plan your next home improvement, or hunting for statement pieces at a steal, we have you covered with our budget-friendly tips.

Upgrade with long term value in mind

Upgrading your house into a home you will love is something that you will want to do at some stage. Whether it is an ongoing project or a big D.I.Y project that you want to tackle for the year, it is important to keep the long-term value it will bring. Increasing the value of your home when renovating should be one of the key goals you keep in mind. It will also increase your return on investment should you decide to sell.

 

Upcycle when you can

Finding quality furniture or items to liven up your decor at a fraction of the cost can be hard to find. However, keeping alerts open for online deals on a piece you have been eyeing can be an affordable way to go about it. But the chances are this could be sold out before you even get a chance. Another option is to upcycle. Re-using items that already exist in your space by adding a fresh coat of paint or reupholstering furniture that needs a bit of TLC can be worth it.

 

Go digital

Not everything in your home has to be brand new to liven up your space. With the help of digital platforms such as Facebook marketplace, Gumtree and Bid or Buy, you can find a range of items at half the price. Make sure that you follow the set guidelines to avoid buying a lemon.

 

Updating your home

D.I.Y where you can. However, avoid doing more damage to your home by doing things that require a professional - such as electrical wiring or taking down a wall. Updates that you can do yourself that are budget-friendly and will improve your decor is things such as: 

  • Adding a new coat of paint to walls and cabinets
  • Adding finishes in the form of cabinet handles and countertops
  • retiling your bathroom
  • Adding decor pieces that liven up the space

 

Keep in mind not to clutter your space, but to choose a few pieces that allow room to breathe. Setting a budget and sticking to it will also make it easier for you to be more creative on how you upgrade your home without putting a strain on your finances.

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Terms and conditions apply. Eligibility, cover and benefits are determined on individual risk profile. MiWayLife is an authorised FSP (No. 45741) and its product offering is underwritten by Sanlam Life Insurance Limited, a registered long-term insurer. MiWayLife is a division of Sanlam Life Insurance Limited - Reg No. 1998/021121/06