Americans spend billions on home renovations each year. Home improvements are a great way to increase comfort and property value, but they can be quite expensive. If you're interested in upgrading parts of your home without spending too much money, have a look at the following affordable DIY projects that can be done on a weekend.

1. Spruce up your walls

If you want to change the aesthetic of your walls without splurging on pricey wallpaper, consider hand-painted wallpaper, which is not only cheaper but requires no installation and is customizable to your taste, unlike store-bought wallpaper.

You can paint over your existing wallpaper or create faux wallpaper using stencils and paint. Opt for geometric, floral, and funky designs and watch your space transform from basic to ultra-chic!

Not into the wallpaper look? Even a new paint color can make a big difference in a room. There are also a number of options to include an accent wall as well, including using a different color of paint or wood planks. The options are endless!

2. Upgrade your front entrance

How's your home's curb appeal? Make your home look more inviting by upgrading your front entrance. You can paint your door a bold color, adding a wreath and new hardware to complete the look. Just changing your porch lighting can make a difference. How does your greenery look? You can add potted plants or new landscaping to make your home look more inviting. Don't forget the new welcome mat!

3. Make an update to the heart of your home

The kitchen is considered the heart of the home, so it's only right to include an easy project that improves this important part of a residence. A simple way to enhance your kitchen is by swapping your simple light fixture for a more sophisticated one. This can completely change how the room looks and shouldn't take long to install. Another easy option is to change out all of your hardware (or add some) for a new look.

4. Refurbish your fireplace

You don't have to keep your fireplace the way you found it when you moved in. Switch your outdated one for a more modern look by updating it using peel-and-stick tiles or painting (or replacing) the mantel and the fireplace surround. You can also add art, display pictures, and other pieces of decor to complete the new look.

5. Change your flooring

If you want a different look from your usual flooring, vinyl sheets are a great way to explore various floor types on a budget. Opt for a classic and elegant hardwood-style or play around with funky patterns and colors depending on your personal taste.

With the 5 simple home project ideas listed above, you can elevate your home without spending thousands of dollars (or weeks) on renovations.