Small adjustable shelves can be built between the studs and provide great storage space for small items such as jars, cans, bottles and for organizing and storing screws and nails. These storage spaces are built by attaching a series of 1x2 wood strips horizontally to the inside edges of two adjacent studs, approximately six inches apart. Also cut some 1x4 and 1x6 pieces of lumber, slip them on top of the 1x2 where they should fit between the studs very nicely.
Small spaces are hard to decorate especially if there are items that need to sit on shelves, and wall shelves are not an option. A great space saving tip is to use corner shelves. They take up less floor space and sit in the corner out of the way. They are a great way to display collectibles, figurines, crafts, trophies and other items that need to be displayed in a home.
It is highly unlikely that you will have to acquire a building permit for this type of project, unless you decide to do any kind of plumbing or electrical wiring. When in doubt, be sure to check your city's building codes.
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