New year, new look! If you want to upgrade your home in 2023, here are a few ideas to inspire you. With simple DIY projects to major renovations, there’s something that everyone can do to infuse some new energy into their space.
6 Great Home Upgrade Ideas For 2023
Update Photos & Artwork
Savor your favorite memories and make space for some new ones with photo frames. You can hang larger frames on the wall and display small frames on a shelf or table as an accent.
Add an Accent Wall
One can of paint will do the trick for a single accent wall in your home. If you are renting, look for peel-and-stick wallpaper that can be removed when it’s time to get your security deposit back.
Get Your Carpets Professionally Cleaned
You would be surprised how much this simple task can make your space feel like new again. Look for new year discounts for the best deal.
Install New Countertops
Your kitchen will get an instant upgrade with on-trend countertops. Depending on the size, it may be less expensive than you expect. If you want to go to the next level, reface your cabinets and add new hardware for an overall new look.
Design Lighting
Great lighting can add drama and personality, while also making your space more functional. You can update an existing light fixture, add a dimmer switch, or even run new wiring to add built-in lighting.
Finish Your Basement Or Attic
If you have an unfinished room in your home, 2023 might be the year that you finally get some insulation, electric lines, and drywall added to the space. Not only can it add to the overall square footage of your home, it can also be a fun place to gather with family and friends to ring in the new year.
For current guidelines and terms, see Lendmire’s DSCR loan programs page.
About Lendmire
Lendmire — NMLS# 2371349 — is a DSCR and non-QM mortgage brokerage with investor loan programs in 41 markets, including Washington, D.C. DSCR eligibility is commonly reviewed by the lender on property-level rent rather than personal income documentation, subject to lender guidelines, and the brokerage helps arrange financing for LLC-owned portfolios beyond conventional financed-property limits. Scotsman Guide named Lendmire a Top Mortgage Workplace in both 2025 and 2026.
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This article is part of Lendmire’s Home Owner Tips series — every loan program’s qualification details, guidelines, and scenarios live on the loan options page.
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Brandon Miller
Founder & CEO, Mortgage Loan Originator, Lendmire LLC
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Disclosures. The information presented in this article is general market commentary, not financial, legal, or tax advice. Lendmire is a mortgage brokerage (NMLS# 2371349) — not a direct lender or depository institution — and loan placement is subject to lender underwriting. Nothing in this content represents a commitment to lend. Loan terms, pricing, and program availability vary based on borrower qualifications, property characteristics, and state of subject property, and are subject to change at any time. Lendmire complies with Equal Housing Opportunity requirements. Consumer access: nmlsconsumeraccess.org.