リフォーム
rifōmu

Noun
Suru Verb

1. renovation (e.g. a house); redecoration; makeover; updating

Transitive
うちのマンションもふるくなったから、リフォームして気分きぶんえるか。
uchino manshommo furukunattakara rifōmu shite kibun'o kaeruka.
This condo is getting old. Why don't we redecorate to give it a fresh feel?

From English "reform"