This is one of the clearest, simplest picture frame tutorials that I've seen.
pretty simple diy wainscotting using picture frame molding. already have these materials in the garage--would just need to measure and cut!
DIY Wainscoating! This has the best step by step directions that i have found so far. It also has some really good tips on how to space everything out
DIY Faux Wainscotting...tempting...very tempting...
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