The cost of home renovations can be daunting, but there are plenty of affordable home improvement ideas that can make your house a nicer place to live, while also boosting its value. From small projects like changing out hardware or painting to more significant changes like flooring or insulation, these projects don’t have to be expensive. Here are some of the positive benefits of undertaking these home improvement projects:

1. Low Cost Projects: Affordable home improvement ideas can cost just a few hundred dollars, and they don’t require the skills or tools of a professional contractor. This can make them a great way to freshen up a room or accomplish small projects without overspending. Changing out hardware such as doorknobs or drawer pulls, or painting a room, are some relatively low cost ways to update a room.

2. Add Value to Home: When done correctly, home improvement projects increase the value of your home and provide a great return on investment. Home remodelers can recoup more than 70% of their investment when they sell their home, according to the National Association of Realtors. Even simple home improvement projects like painting can add more value than you invested.

3. Improve Your Home

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