There is nothing that can transform an item, a room, a wall, (hey, even your hair), better than a fresh coat of color. Recently I transformed a yellowing old dresser that I found on Craigslist into this navy and white masterpiece that completely coordinates with my bedroom color scheme. I simply sanded the outside of the dresser, painted it with primer paint, and then did three topcoats of both navy and white wall paint. (I took the drawers out to make painting easier). I did navy on the drawers and white on the base for a nice color contrast. In addition, I unscrewed the drawer knobs and spray painted them white, and then screwed them back on. Total project cost: $60.