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Big remodeling projects aren't the only way to get a worthwhile return on investment or happiness. H omeowners can get payback and joy from several smaller, lower-dollar-value home improvement projects.  Small projects are suited to DIY, which can save you cash.  Recent research shows that 10% of young millennials, between 23 and 31, want a fixer-upper home where they can work on DIY projects.  Of course, kitchen and bathroom makeovers will always have a place in our hearts (if not our wallets). The following five high-performing projects are significantly less expensive options.  #1 Hardwood Flooring Refinish or Replacement Refinishing hardwood floors is one of the top interior remodeling projects that brings the highest return. Remodelers estimate the cost at $3,400, and REALTORS® estimate the value recovered at $5,000, a whopping 147% return.  With hardwood floors, you get a lot of bang for your buck, they’re not that expensive, and people really like them. ...

Every home suffers a few negatives, but not every solution requires pricey structural changes.   Paint   is a frugal remodeler’s go-to solution to perk up a problem room. Here’s how to pick paint colors to give any room a facelift: Choosing Paint for a Room That’s Too Small Painting walls white, cream, pastels, or cool colors (tinged with blue or green) creates the illusion of more space by reflecting light.  White or light colors on walls lifts the ceiling, bringing your eyes up, which makes you feel like you’re ina larger room. How to use paint color to make a room seem bigger: Paint trim similar to walls to ensure a seamless appearance that visually expands space.  Use a monochromatic scheme to amplify the dimensions of a room. Select furnishings in the same color. Lack of contrast makes a room seem more spacious. Extend wall color onto the ceiling an additional 6- 12- inches. This will make the room seem taller. Paint vertical or horizontal stripes. Vertical stri...