A fun project to work on over time with your daughter: Look for different costume jewelry and pins at yard sales and "redecorate" a plain mirror. Every time she looks in the mirror she will remember the time you both spent creating it!
This ribbon wreath is so super simple to make, and you can hang like this or decorate with ornaments and other things. This would be a great way to make other holiday wreaths as well such as Valentines, Easter, July 4th, etc. Would also be great to hang on door for your bday child in the color scheme and theme of their party.