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Living Room Renovating On A Budget (14 Ideas For 2022!)

Renovating on a budget can be a great activity to breathe some new life into a room. When you have a basic idea of what you want to do, it’s time for the fun part — preparing to pick out your furniture and accessories! But before you go shopping, there are a few things you need to keep in mind. This post is all about how to renovate your living room without spending too much money. 

As a bonus, we realize you may have other questions about renovating in general (not just the living room). Here’s the answers to all your questions (and we’ll even answer those questions you didn’t know you had!). Lol. 🙂

How do I renovate my house on a small budget?

Renovating your living room doesn’t have to be expensive. And, there are many ways to renovate it without breaking the bank. So, how do you renovate your house on a small budget?

First, start with small changes that can make a big difference.

As an example, a fresh coat of bright paint can go a long way.

Also, don’t be afraid to rent, trade, and barter for tools and labor.

Don’t go spend hundreds (if not thousands) of dollars on items you won’t need long-term. Borrow from friends and families, rent from a home improvement store, and be smart about your investments.

You can save a great deal of money by following along with the tips later on in this article!

Related: Saving $4,000 by Refinishing the Floors Myself

How to do living room renovating on a budget in 2022!What is a good renovation budget?

Thinking about the budget? What is a good renovation budget?

That depends on the area you’re trying to renovate.

For a living room, you can get away with as little as a few hundred dollars! If you plan on doing larger projects (like floors, new furniture, etc) you may spend a bit more.

But luckily, you won’t pay anywhere near the amount that bathrooms and kitchens can cost!

Related: How to Decorate on a Budget: 6 Top Tips!

What is the cheapest room to remodel?

Want to know the cheapest room to remodel?

The living room! 🙂

Although you could theoretically spend thousands on the living room too, it’s very rare (unless you’re knocking down walls or completely gutting it). The only other room that is around the same costs is the bedroom.

Related: 10 Fascinating Benefits of DIY Projects

How much does it cost to gut a room?

What if you do want to tear down some walls and pull up the floors? How much does it cost to gut a room and build it back?

Gut renovation costs is between $60 – $150 per square foot. A living room is usually on the cheaper side, since there isn’t much to “gut”.

How do you do a room makeover?

Before you even start a room makeover, you need to make sure that you truly want to make a change. If so, you’ll also need to decide HOW you want to change the room.

For example, if you have dark-colored walls, would you want to make them lighter? And what color? Making these decisions will save you time while renovating, and keep you from second-guessing through the process.

Related: 10 Ways to Save Money on a Tight Budget

How can I makeover my room without buying anything?

Have a tight budget? Want to redo your room without buying anything? 

You can…but how is this possible?

Use what you already have!

You don’t have to completely gut a living room in order to make it look and feel new.

  • Switch out decorations,
  • move your furniture,
  • paint your furniture,
  • update your hardware — anything to make changes to liven up your space.

rental house living roomHow can I renovate my living room cheap?

What to know how to renovate your living room for cheap?

If you have a bit more than $0 to spend, you could also…

  • paint your furniture,
  • purchase new (or gently used) furniture,
  • and even paint your walls.

If you’re willing to spend just a bit more, let’s look at other living room renovating tips on a budget.

Related: 10 Ways to Actually Stick to a Budget

Living Room Renovating On A Budget – Top Tips!

Trying to do some renovating on a budget? It’s absolutely possible, especially in the living room!

Here’s the steps we’d recommend you take to renovate your living room for less, but still have a tremendous results in that space!

1) Measure your space

It’s important to measure your space before you start shopping, so you know what size furniture will fit. Don’t forget to include clearance space around furniture — you’ll need it for walking and cleaning.

2) Decide on a style

Before you start buying furniture, decide on a style for your living room.

  • Do you want a modern or contemporary look?
  • Does a rustic or country feel seem alluring?
  • Or maybe something more formal?

Knowing what style you want to go with will help you decide which furniture pieces are right for the room.

Related: 5 Cheap DIY Projects to Make Your Home Look Incredible

3) Pick a color scheme

Once you have an idea of your general style, it’s time to choose a color scheme.

You can pick one main color and two accent colors that tie in with your home decor.

The easiest way to do this is to take everything out of your living room closet and look at the fabrics on every item in there, then rearrange them by color once they’re all out in the open.

If something doesn’t fit into your new design plan, get rid of it! The less clutter, the better.

living room renovation4) Keep functionality in mind

While you’re decorating, don’t forget to think about how you’ll be using the room. For example, if you like to watch TV or work from home in your living room, make sure you have comfortable seating and a good desk or TV stand.

5) Don’t be afraid to experiment

Decorating your living room can be a lot of fun, so don’t be afraid to experiment with different looks. Try out new combinations of furniture and accessories until you find something that you love. And if you change your mind later on, that’s okay too – just rearrange everything to suit your new style.

Related: Is It Better To Outsource Home Tasks or DIY?

6) Get creative with storage

Often, the biggest challenge when decorating a living room is finding storage space for all your stuff. But don’t worry – there are lots of creative ways to hide your belongings. Try using an ottoman with hidden storage or a coffee table with built-in shelves.

7) Add some personality

Renovating on a budget doesn’t mean sacrificing your own personality.

One of the best things about decorating your own living room is that you can add your own personal touch to it.

So go ahead and add some accessories that reflect who you are – whether that’s paintings, photos, or plants.

8) Don’t be afraid to mix old and new

If you have some old furniture pieces that you love, don’t be afraid to mix them with newer items.

For example, you could add a wooden coffee table from your grandmother’s house to a contemporary sofa and armchair or add an old clawfoot bathtub to a sleek bathroom.

Related: How To Build A Successful Furniture Flipping Business In Your Spare Time

9) Do it all at once

It might seem tempting to slowly decorate your living room over time, but going slow can actually be more stressful because you always have to live with the look of your last project while you try out new designs for the next one.

Instead, go ahead and redecorate everything in one go – that way, you won’t have any leftover furniture or accessories cluttering up your space.

Related: 6 Best Upgrades To Increase Home Value (Without Spending A Fortune!)

10) Focus on what’s important

Don’t feel like you have to decorate every inch of your living room – sometimes, it’s best to focus on the most important areas and leave the rest plain.

Decorating your living room can be a lot of fun, but it’s important to keep functionality in mind too. That way, you’ll be able to create a living room that looks great and functions well too.

Related: Easy Home Upgrades for Saving Money in the Future

11) Start shopping for new furniture pieces

Once you know what kind of look you want for your living room, it’s time to shop around for a few new furniture pieces – like a sofa, coffee table, and lamps – that fit the style you have in mind.

On top of choosing furniture that looks great, don’t be afraid to invest in some good quality items because they might end up lasting longer than cheap pieces. But, if you find a gently used or antique item, and it fits your new style, go for it! 

Related: Why I Furnished My Bedroom With Used Stuff

12) Pick out some decorative accessories

Once you have your furniture, it’s time to invest in a few new decorative items – like…

  • vases for flowers,
  • candles and paintings,
  • or wall hangings for the walls.

Keep in mind that simple decorations can be just as effective as flashy ones – so choose something that reflects your personality instead of following what everyone else is doing.

benefits of owning real estate13) Make more space with floor lamps

If you don’t have a lot of room for extra chairs, a neat trick is to add some floor lamps next to your sofa and armchairs. Not only do they look great, but they can really brighten up the space and make your living room look bigger. 

14) Hang some curtains or blinds

One of the best ways to change the look and feel of your living room is to add some new curtains or blinds. They can help to brighten up a dark room or add some color and pattern if you have a plain white wall.

New shutters for your windows can add a modern twist to your living room too. 

Living Room Renovating On A Budget: You Can Do It!

Decorating your living room can be a lot of fun, but it’s important to keep functionality in mind too. So before you start buying furniture and accessories, take some time to measure your space, decide on a style, and choose a color scheme.

This way, you’ll be able to create a living room that looks great and functions well too!

So there you have it! Living room renovating on a budget.

Follow these steps, and you’ll be able to create a beautiful and functional space in no time at all!

Are you looking to start renovating on a budget? Which of the above tips will you choose to do?

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AUTHOR Kimberly Studdard

Kim Studdard is a project manager for online entrepreneurs and small businesses. When she isn't spending time with her daughter and husband, or reading her growing pile of horror books, you'll find her working on her HR degree and working towards FIRE.

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