For less than $1,000, these homeowners created a fabulous walk-in closet from a previously unusable attic space, adding custom shelving and drawers, electricity, laminate flooring and a window that lets in natural light. | thisoldhouse.com
For the ironing board cabinet, she cut the back off a regular-size cabinet and recessed it into the wall. She then made the molding piece and attached it to the wall above the cabinet to make it look like a built-in unit. She built the fold-down, swiveling ironing board system herself from brackets and hardware she bought at The Home Depot.