Source : Webster's Revised Unabridged Dictionary (1913)

Renovate \Ren"o*vate\ (r?n"?-v?t), v. t. [L. renovatus, p. p. of
   renovare;pref. re- re- + novare to make new, fr. novus new.
   See {New}, and ?? {Renew}.]
   To make over again; to restore to freshness or vigor; to
   renew.

         All nature feels the reniovating force Of winter.
                                                  --Thomson.

Source : WordNet®

renovate
     v 1: restore to a previous or better condition; "They renovated
          the ceiling of the Sixtine Chapel" [syn: {restitute}]
     2: make brighter and prettier; "we refurbished the guest wing";
        "My wife wants us to renovate" [syn: {refurbish}, {freshen
        up}]
     3: give new life or energy to; "A hot soup will revive me";
        "This will renovate my spirits"; "This treatment repaired
        my health" [syn: {animate}, {recreate}, {reanimate}, {revive},
         {repair}, {quicken}, {vivify}, {revivify}]