Americans love luxurious living spaces, and this becomes evident with the renovation trends in the country. According to the Realtor, spending on home improvement projects was projected to increase from $472 billion to $477 billion in Q3 of 2024. That was a modest increase of 1.2%, which is impressive even if it showed that the market is leveling off after the pandemic. 

While some homeowners invest in aesthetic makeovers of their properties, others do it to deal with outdatedness. Transforming a regular house into a luxury home is their goal. Fortunately, it is doable through a well-planned remodel that upgrades the living space. All you need to do is to modernize the key areas with the right steps.

In this article, we will share a few ideas to transform your old house into a high-end living space.

Plan the Basics

Home remodeling can cost a lot of money, and it should not be done on a whim. The 2023 Houzz & Home Study cites some interesting figures for homeowners. In 2022, the median spending on renovation projects was $22,000. The median for high-value updates touched a whopping $140,000 or more.

Start the project by setting a clear budget and prioritizing goals. While DIY may save you some money, hiring professionals makes sense if you want a luxurious upgrade. A reputable architect or designer can help you create a comprehensive renovation plan. 

Before going ahead, get detailed quotes from contractors. At the same time, factor in potential unexpected costs. Understand local building codes and get the required permits to stay on the right side of the law. The good thing about hiring professionals is that they can get you covered on these fronts.

Declutter and Dismantle

Outdated homes tend to have a lot of clutter because many Americans have a hoarding disorder. The Cleveland Clinic notes that 2-6% of the country’s population struggles with this condition. They hoard things that have little or no use, just because they cannot convince themselves to declutter. 

When planning a luxurious makeover for your old home, take an honest look to identify things that cramp your space. Assessing the current state and purging extra stuff will give you a chance to create a clean slate. It will be easier to refine and transform your home once you don’t have clutter. 

Next, decide what needs to be dismantled. Is it the lighting, the flooring, or the layout? Pick the areas that actually need attention and focus on them. You may choose to restore some original features rather than replacing them altogether. Period homes often feature lovely wood details like trims, doors, and wall panels. Maintaining them can increase the value of your home.

Refresh the Aesthetics

Another budget-friendly idea to update your outdated home is to refresh the aesthetics. A fresh coat of paint is a great start. Painting your house in trending colors can make it look as good as new. In a city like Kenmore, where it rains throughout the year, homes usually bear the brunt of the weather. November is the rainiest month, with the rainfall average exceeding 8 inches. 

When you have a paint job in mind here, calling expert painters in Kenmore is a good idea. Local painters know the weather and architectural styles of homes in this area. They can help you choose the best paint colors and brands to upgrade your outdated property inside out. 

According to EA Pro Painters, professionals make sure that the old paint is removed carefully without causing damage. This creates a perfect canvas for a flawless finish with a fresh coat of paint.

After the paint job, implement some small steps. You can introduce a glass wall in the rooms to create sleek, open spaces. Try to upgrade your lighting or simply rearrange your furniture if it is in good shape. Landscaping is another element to ramp up the curb appeal. Clean your garden, trim the overgrown bushes, and add fresh plants. 

Modernize Key Areas

Since you may have budget and time constraints for your renovation project, avoid going overboard. Instead, focus on modernizing some key areas of your living space. The kitchen comes on top when it comes to popular renovation projects. According to Forbes, 29% of homeowners choose this area when modernizing their homes. 

New countertops, backsplash, sinks, and faucets are the most sought-after kitchen renovations. You can reimagine countertops with high-end material choices like concrete, tinted glass, and stainless steel. Replace appliances with contemporary energy-efficient models that enhance aesthetics and functionality. 

Bathroom makeovers can also bring in the luxury element in outdated homes. A modern bathroom elevates both form and function. For example, innovative materials and high-tech features like brass/gold vintage fixtures with touchless technology bring spa-like vibes to your bathroom. 

Frequently Asked Questions

Is it worth renovating an old house?

It depends on the location, condition, and value of your home. A makeover is absolutely worthwhile if your home is located in a prime location with high real estate prices. The sentimental attachment to a house is also a good reason to invest in a renovation project. You may also do it if you want to sell it at a good price eventually.

What should I fix in an old house in the first place?

The first thing you should fix in an old house is any visible flaws. For example, chipping exterior paint, cracks in the walls, and damaged floors should be repaired first. After that, address leaky pipes because they can cause water damage to the property. Roofing issues should also be on the list.

How to budget for renovating an outdated house?

Consider how much you can spend on the renovation project to set a realistic budget. Next, list the potential repairs and upgrades you want to implement. If you are on a tight budget, prioritize the most essential repairs and spend on them first. You can also pick some DIY projects and look for professionals who do not overcharge. 

A well-planned and executed remodel can effortlessly transform any outdated house into a luxurious and modern home. The good thing is that you don’t have to spend a fortune to create the home of your dreams. You can follow these simple steps to give your living space a brand-new look and feel.