I normally try to post original content here, but this one is too good not to share. Kristen over at k.f.d. designs took an old $5 goodwill rug into something beautiful and current, which can be easily replicated! This is an especially good project because rugs are so expensive AND you can customize to whatever color your heart desires!
Check out her post for the full instructions. If someone attempts this, please let me know! An old oriental rug is now on my list of things to look for!