Contact paper is an inexpensive and easy way to revamp furniture. It's also the perfect way to redecorate if you live in a rental where you aren't allowed to paint to your own liking.
Make Labels for Jars out of Chalkboard Contact Paper
Source: etsy.com
Transform an IKEA Bookshelf
Jonathan Lo used inexpensive contact paper from Home Depot to give an IKEA bookshelf a much more high-end Danish modern look.
Source: happymundane.com
Or an IKEA Desk
Also by Jonathan Lo.
Source: happymundane.com
Decorate Panels of a Window Seat or Room Divider
Here are a couple of other ways to customize your IKEA furniture and make it look way more expensive.
Source: whorange.net