10 ways to update your home on a budget

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10. ADD OUTDOOR LIVING SPACE
Cost: $1,500 and up
Cost: $1,500 and up
Increasing the functionality of your outdoor space is also a great investment, according to the Cost vs. Value Report, which pegs the added value of a deck at resale at as much as 72 percent of its cost to build. I think its huge, says Storey. Outdoor entertaining has become a much bigger thing. If you can manage it, just off the kitchen is the best place for a deck, patio, or outdoor room a covered area that can be as simple as a weathered pergola since it makes for more convenient grilling, even in winter.