In times like these, money is tight. The economic recession has reduced value in a number of areas, including property values. When money is scarce, how is it possible for the average homeowner to update their home and increase its value?

It’s quite simple, really. First of all, you need to set a budget and stick to it. Next, you need to decide which areas of your house sorely need to be updated. More often than not, the bathroom is the focal point of these renovations. While many people expect their repair bills to be absolutely ridiculous, there are many ways to redo your bathroom without breaking the bank, so to speak.

It’s always a good idea to start with something relatively easy and inexpensive- namely, your bathroom walls. For a simpler approach, repaint them with a bright or muted color, whichever works best with your intended color scheme. Wallpaper is never a bad idea either; try a bold pattern that ties the room together. You could also try installing colorful tiles around your sink area, or even hanging artwork and mirrors to bring some life to an otherwise boring bathroom.

Lighting is everything when it comes to looking your best- so why shouldn’t this apply to your bathroom as well? Old, dirty light fixtures can be easily replaced with more modern ones for next to nothing. If your bathroom seems dark and dreary, install a new light fixture or two. If you don’t want to replace the entire fixture, a new shade can spice things up just as well. Additionally, consider using fluorescent bulbs in place of incandescent ones. Fluorescents are much brighter than their counterparts. Instead of thick, lanky curtains, try using sheer ones. They allow more light into the room, and you can still have your privacy.

If you’re willing to spend a little more time and money, you could replace entire fixtures in your bathroom. Granted, it requires a little more effort on your part, but wouldn’t it be worth it to have an absolutely gorgeous and chic bathroom? On the easier end of the spectrum, you could replace old cabinets and hardware with sleeker, more updated ones. Tired of your dingy little sink? Install a beautiful vanity or pedestal sink in its place. For maximum efficiency, hang some shelves on your wall. You can use them for whatever you want: towels, decorations, soap bottles, etc. The possibilities are endless!

When you renovate your bathroom, keep in mind that if you plan on reselling your house in the future, it’s probably best to stick with a timeless and somewhat neutral design. Very few people will want to buy a house that has a bathroom that looks like it’s out of the eighties or has rubber ducks all over it. Let your creativity flow, but don’t let it get carried away and spend too much. Again, keep your budget in mind and stick to it. Good luck, and happy renovating!