Stenciling doesn't get the street cred that it deserves. You can totally use stencils in a modern way to complete a space and make it beautiful! just look at the lace stenciled canvas. Beautiful!
And look how sophisticated and expensive this staircase looks! I love that each riser has a different pattern. Gorge! And it would cost almost nothing but a little time, unlike having real patterned tile put in.
So if your thinking of sprucing up your home but want it to be easy, unique and on a budget, head over to your local craft store and paint your design woes away!