Not everyone has the same budget, but everyone has a budget. So, how much will it cost you to do a room? This very important question is on everyone’s mind but is not always expressed to the designer. The homeowner should have a good idea of what they want to invest in a room before the design work begins. This is beneficial not only to the homeowner, but to the designer as well. After all, you don’t want your designer shopping at Henredon if your budget is more appropriate for Rooms To Go. Good design means you create a look that’s beautiful, functional and within budget.
I’ve put together some budgets for different rooms based on three levels…Low, Medium and High.
- Low Budget doesn’t have to look it.
- Medium budget allows for more custom work such as draperies, wider selection of upholstery fabrics, special lighting, higher quality framing, etc.
- High-end allows for original artwork, custom or antique area rugs, more elaborate woodwork and a high quality of furnishings that are constructed to last a lifetime.
These three examples demonstrate that a room that looks good can be created using any budget. Often people spend more than they need to to achieve a look that they want. It’s important to understand what differentiates one piece of furniture from another. The way the furnishings are constructed and finished can have a huge impact on their durability. Investing in the best furnishings you can afford is generally a good idea. No one wants to have to purchase a new sofa every three years because their old one gave out.
The spreadsheet below gives you an idea of what it costs to completely furnish a typical living/family room. Some items on this list may not fit into the unique design of your room, but hopefully it will give you a starting point.
Of course, savvy shoppers can always save money by shopping on the Internet, at specialty discount stores like Home Goods and by looking for sales in furniture and accessory showrooms. So, yes, you can do a room for less, but you can also spend even more. These price points will give you a wide variety of choices at each price point and do not take into account purchasing items at a discount.
You should not put together a budget based on being able to get a deal. Give yourself some wiggle room so when you fall in love with something, you can decide whether or not you want to make it a splurge. The most important point is that if you create and work with a budget then you can make a conscious decision whether to splurge or not.
- Which One Are You…Low, Medium or High?