Top 5 Most Cost Effective Home Improvement Projects With A Big Impact

It’s no secret that uncertainty around the economy is still looming large with a lot of homeowners. While there is still a healthy appetite to improve their homes, homeowners are understandably looking for affordable projects with big impacts.  That’s why we are excited to share this list of the top 5 home improvement projects that won’t break the bank!

#1 Home Improvement Project – Painting Your House

There is probably not an easier and more cost-effective home improvement project than painting a room.  Our walls can get dirty, scuffed and scraped in a hurry.  From food and drink splatters to kids’ dirty hands and impromptu art projects, it doesn’t take much to make those pretty walls a mess!


Painting the inside of your home has numerous benefits, both aesthetically and functionally. Here are a few reasons why it’s worth considering:

  • Fresh, new look: A fresh coat of paint can completely transform the look of a room, making it feel brand new. Whether you choose a bold, statement-making color or a neutral shade, a new paint job can freshen up the appearance of your home.
  • Increased home value: A well-maintained home with updated finishes, such as fresh paint, can increase its value. This is especially important if you’re considering selling your home in the future.
  • Improved mood: The colors we surround ourselves with can have a big impact on our mood and overall well-being. Choosing calming, neutral colors can create a sense of tranquility, while bold, vibrant hues can add energy to a space.
  • Enhanced durability: Regularly painting the inside of your home can help protect your walls from wear and tear, such as scuff marks, fingerprints, and water damage. This can help extend the life of your walls and save you money in the long run.
  • Increased energy efficiency: Applying a fresh coat of paint can help seal any cracks or gaps in your walls, which can improve the energy efficiency of your home. This can lead to lower energy bills and a more comfortable living environment.

#2 Home Improvement Project – Install New Vinyl Shutters

Now we realize, Vinyl Shutters may not be the right fit for every home, but for those that are a good fit…they really do look incredible!  Windows on a home play a huge factor in the overall curb appeal and visual aesthetics. What better way to make those windows pop even more than with some new exterior vinyl shutters. With prices per pair starting at less than $40, they really are a great way to add value and style to your home.

exterior vinyl shutters


Let’s look at a few benefits of installing new exterior vinyl shutters to your home:

  • Enhanced curb appeal: Exterior shutters can add character and charm to the exterior of your home, enhancing its overall appearance and curb appeal. Vinyl shutters come in a wide range of styles and colors, so you can choose the ones that best suit your home’s architectural style and personal taste.
  • Improved energy efficiency: Exterior shutters can help insulate your windows, which can lead to lower energy bills and a more comfortable living environment. When closed, shutters can block out direct sunlight and drafts, helping to regulate the temperature inside your home.
  • Increased protection: Shutters can provide an extra layer of protection for your windows, helping to prevent break-ins and protect against weather-related damage.
  • Low maintenance: Exterior vinyl shutters are made of a durable and weather-resistant material that requires minimal maintenance. They don’t require painting, staining, or sealing, and can be easily cleaned with a hose or a mild cleaning solution.
  • Increased home value: Adding exterior shutters to your home can increase its value, making it more attractive to potential buyers. Shutters are a relatively affordable home improvement project that can have a big impact on the overall look and value of your home.

#3 Home Improvement Project – Add Some Crown Moulding

Just the name, “Crown” Moulding makes it sound important, doesn’t it?  Like only royalty is allowed to adorn their ceilings with such fancified trim work.  Well, you don’t have to be royalty or even have a lot of money to transform your room using crown moulding.  Interesting fact alert!  The use of Crown Moulding can be traced back to the ancient Egyptians!  They made their mouldings out of stone and not millwork products like today, but the idea has been around for a long time.  Whether you spell it crown “moulding” or crown “molding”, one thing is clear, It is one of the quickest and easiest ways to add value to your home.

crown moulding


Here are just a few benefits of adding new crown moulding to your home:

  • Enhanced aesthetic appeal: Crown moulding can add a touch of elegance and sophistication to any room, giving it a more finished and polished look. It comes in a wide range of styles and materials, so you can choose the one that best suits your personal taste and the decor of your home.
  • Increased home value: Crown moulding is a high-end finish that can increase the value of your home. It’s a relatively affordable home improvement project that can have a big impact on the overall appearance and value of your home.
  • Improved energy efficiency: Crown moulding can help seal any gaps between the walls and ceiling, which can improve the energy efficiency of your home. This can lead to lower energy bills and a more comfortable living environment.
  • Enhanced durability: Crown moulding can help protect the walls and ceiling from bumps and dents, which can extend the life of your walls and ceiling. It can also help hide any imperfections or damage, giving your walls and ceiling a smooth and polished look.
  • Low maintenance: Crown moulding is made of a durable material that requires minimal maintenance. It usually doesn’t require painting or staining, and can be easily cleaned with a damp cloth or a mild cleaning solution.


Overall, crown moulding is a great way to enhance the aesthetic appeal, value, and energy efficiency of your home. It’s a low-maintenance, durable, and cost-effective home improvement project that can have a big impact on the overall look and feel of your home.

#4 Home Improvement Project – Add Some Landscaping

If you love spending time in your backyard and outdoor spaces than you probably already understand the value and enjoyment that new landscaping can offer. Even if you prefer the cozy comforts of your indoor living spaces, we are sure you would agree that looking out your windows at pretty plants, trees and shrubs is much better than a baron wasteland!

Landscaping


Here are a few other benefits of adding new  landscaping to your home:

  • Enhanced curb appeal: A well-maintained yard can significantly increase the curb appeal of your home, making it more attractive and inviting. By adding plants, flowers, shrubs, and trees, you can create a beautiful and cohesive outdoor spaces.
  • Increased property value: A well-landscaped yard can increase the value of your home, making it more attractive to potential buyers. Landscaping is a relatively affordable home improvement project that can have a big impact on the overall value of your home.
  • Improved outdoor living space: Landscaping can create functional outdoor living spaces, such as patios, decks, and outdoor kitchens. These spaces can be used for entertaining, relaxing, and enjoying the outdoors, increasing the usable square footage of your home.
  • Enhanced privacy: Landscaping can provide privacy and shelter from the surrounding area. By adding privacy fences, walls, or trees and shrubs, you can create a sense of seclusion and protect your home from prying eyes.
  • Increased energy efficiency: Landscaping can help regulate the temperature of your home, reducing the need for air conditioning in the summer and heat in the winter. Trees and shrubs can provide shade, while strategically placed plants can block wind and create natural cooling and heating effects.


#5 Home Improvement Project – Add Some Wall Panels

Wall panels are a decorative covering for walls that can add texture, color, and design to a room. With a low price point, a large selection of styles and sizes and easy installation, adding wall panels to your home is a great idea for your next home improvement project.


Here are a few other benefits of adding new wall panels to your home:

  • Enhanced aesthetic appeal: Wall panels can add a unique and decorative touch to any room, giving it a more finished and polished look. They come in a wide range of styles, materials, and colors, so you can choose the ones that best suit your personal taste and the decor of your home.
  • Increased home value: Wall panels are a high-end and custom looking finish that can increase the value of your home. They can help turn a boring room into a focal point.
  • Easy Installation: Wall panels like the 3D Wall Panels and Fretwork Wall Panels from Architectural Depot are lightweight and extremely easy to install. With just some adhesive and nails, you can instantly transform your dining room, living room, bedroom, bathroom game room or even furniture and cabinetry.
  • Enhanced durability: Wall panels are made of a durable material that can withstand wear and tear, making them a long-lasting home improvement option. They can also help protect your walls from scuff marks, fingerprints, and other types of damage.
  • Low maintenance: Wall panels are easy to clean and maintain, requiring only a damp cloth or a mild cleaning solution to keep them looking fresh and new.

We hope you found some inspiration for your next home improvement project and we encourage you to continue to take pride in your home and find new ways to make it your own!