Home Improvement – Where to Splurge, Where to Save

By July 15, 2019Uncategorized
How much money should you spend on home improvement?

Home improvement projects are a chance to put your own personal stamp on your home and, more importantly, lift its resale value. However, as any homeowner knows, those weekend home upgrades can take a sizable chunk out of your budget. If you don’t know how to budget for home improvement, you risk falling into a money pit that may or may not necessarily pay off in the end.

Whether you’re slapping a fresh coat of paint on your walls or planning a full kitchen remodel, find out which home improvements are splurge-worthy and where you’re better off hunting for a bargain.

Where to Splurge


Painting can be the quickest and easiest way to give your rooms a makeover. It pays to avoid the cheap paint, which will likely fade, stain, and require touch-ups much more frequently. Look for paint in the $30-$40 per gallon range, which will need fewer coats and offer you many more years of use.

The Center of a Room

Pick one area of any room that you want to serve as the focal point. In a family room, this might be the entertainment center. For the dining room, you might designate the dining room set. Either way, it’s smart to splurge your hard-earned dollars on the eye-catching centerpiece and choose budget-friendly pieces for the surrounding decor.


This is one area where the most cost-effective selection is typically not the smartest. Instead, look for high-quality, energy-efficient windows, which can potentially qualify you for tax credits and rebates. The benefits in comfort, security, and energy savings are well worth the investment.

Bathroom Fixtures

A poor-quality faucet or showerhead could end up costing you thousands if it ends up springing a leak down the road. That’s why it’s best to invest in quality, top-notch bathroom fixtures that will withstand many years of use.


A substantial portion of your day is spent in the kitchen, preparing food on your countertops, making this an ideal splurge-worthy project. Quartz and granite are among the frontrunners for countertop materials, with quartz offering the most low-maintenance, yet tasteful and aesthetically pleasing, bang for your buck.

Where to Save


As popular as it may be to have your cabinets custom-designed, it generally will not add more value than a set of cabinets purchased from a store. Choosing a more economical option for your cabinets can allow you to devote more funds to other areas as you’re deciding how to budget for home improvement.


Adding tile to a kitchen backsplash or bathroom can instantly upgrade the appearance of your most-used spaces. Yet, you don’t need to spend much to achieve your desired look. Since this is mostly a cosmetic change, it’s best to go easy on your wallet. You’ll be able to find cheaper ceramic tiles in a variety of different styles and colors to suit your price range.

Front Door

An attractive front door redo will boost your home’s curb appeal. Consider that this revamp will almost certainly factor into a potential buyer’s decision to check out your home if you should ever decide to sell. Whether you choose to repaint the front door or opt for a brand-new door, keep in mind that you can easily spend less than $1,000 on this worthwhile enhancement.

Kitchen Appliances

You might think you’ll surely net a return on investment on top-of-the-line kitchen appliances. However, you can find more traditional, economical options that perform just as well. Look for the basic, no-frills models from brand names that are well-known industry fixtures and have a reputation for quality.


It’s often difficult to guess whether a lighting fixture is priced in the high-end or economy range. Your guests will probably not be able to tell, either. Ditch the luxury lighting brands and instead hunt for more inexpensive options, typically at a retail store such as Home Goods or Ikea.


Hardwood floors are expensive to maintain ⁠— just a few scratches can dull their appearance. Opt instead for a low-maintenance, reasonably priced alternative like faux tile or linoleum. You’ll spend much less time tending to your floors, outside of regular cleaning, and many of these flooring options can look just as attractive as hardwood.

Credit in Need of Improvement?

While you’re educating yourself on how to budget for home improvement, don’t forget about your credit. We can give your credit the facelift it needs ⁠— returns on investment guaranteed. Contact us to set up your free consultation today.




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