If you’re not ready for a complete makeover, there are some simple but effective steps you can take to instantly update your living room. And none of them will result in high out-of-pocket costs. Read on for living room home improvement tips that pack a punch.

1. “Stage” your space

Real estate agents use a practice called “staging” to make an area appear up-to-date and fresh. Instead of investing in expensive structural renovations or major overhauls, “staging” updates a space by focusing on accessories: light switches, fixtures, pillows, oven registers, and outlet covers.

2. Choose crown molding

Crown moldings are a very cost-effective way to instantly add a bit of “wow” to your living room. For just a couple of dollars a foot, you can give your living room a crisp, clean finish that’s fresh and contemporary.

3. Get rid of the clutter

Getting rid of excess junk is one of the fastest ways to reclaim space and improve it instantly. Instead of tripping over children’s toys and loads of movies, keep these items tucked away or give them to a charity. A good rule of thumb is that if you haven’t used it in a year, it’s time to give it away.

4. Sneak Square Footage

Create the illusion of additional space by moving furniture away from the walls. You’ll give the room a more contemporary look and instantly make it feel bigger and more open.

5. New window treatments

New window treatments are a fantastic way to update a space. Add punch with designer colors or modern touches. You can also create the illusion of height by installing your treatments higher up on your wall.

6. Updated lighting

New lighting instantly makes a room feel brighter, cooler, and cleaner. By replacing that tired old ceiling fan with updated, energy efficient recessed lighting, you’ll create a space that’s current and deliverable.

7. Paint

Paint is an easy and inexpensive way to make a big difference. With little effort and even little impact on your wallet, a few coats of paint can take a worn-out living room from drab to fabulous. For a more spacious feel, opt for lighter colors – they will make the room feel bigger.

8. Throw a rug

If you can’t afford new flooring, warm new rug is a great way to update a space. For minimal cost, a rug can bring a space into focus and add a touch of color and warmth to a room.