HOME RENOVATIONS UNDER $10,000
"When you watch HGTV, renovating your home can look appealing.
Chip and Joanna Gaines of Fixer Upper can transform a dingy 1920s kitchen in Waco, Texas, into a refined open space with a massive island. And Jonathan and Drew Scott of The Property Brothers can make a drab living room into a bright escape.
A recent survey from Trulia, a real estate listing company, found that 76 percent of Americans plan to remodel their homes — with bathrooms, kitchens and bedrooms among their highest priorities. Trulia surveyed 2,105 U.S. adults about desires to redesign their homes, and 1,567 of them said they planned to remodel or renovate. But here’s the catch: They don’t want to spend more than $8,879 to do so.
Remodeling and renovating your home can come at a hefty price — and one that’s contingent on the value of your home. In 2014, MONEY advised readers to spend on renovations in accordance with how much value the given space is for the home. A kitchen is worth about 10% to 15% of a home’s value, and the owner of a $300,000 home should be willing to spend between $30,000 to $45,000 to remodel it, MONEY advised.
But that’s a bit more than what Trulia’s survey participants want to spend. Here’s what experts told Trulia about how you can renovate your kitchen, bathroom or bedroom for under $10,000."