When it comes to transforming your house into a home, working with an interior designer can help make your vision a reality. However, before embarking on this exciting journey, it’s essential to establish a budget for each room. In this blog post, I will outline how to allocate funds for different aspects of your home, from furniture and decor to remodeling. We’ll also cover budget-friendly options, as well as more luxurious upgrades. Let’s dive in!
Living Room
- Budget-Friendly: $3,500 – $7,500
- Medium Budget: $7,500 – $15,000
- Luxurious Remodel: $15,000 and above
The living room is an essential gathering space that should reflect your personal style and provide comfort. For a budget-friendly approach, consider repurposing existing furniture and adding new accessories like throw pillows and rugs. As you move up the budget scale, allocate funds for custom furniture, artwork, and lighting fixtures. In luxurious remodeling, high-quality materials, designer furniture, and statement pieces can enhance the overall aesthetic.
Dining Room
- Budget-Friendly: $3,000 – $6,500
- Medium Budget: $7,500 – $12,000
- Luxurious Remodel: $15,000 and above
The dining room sets the stage for memorable meals and gatherings. To maximize a limited budget, opt for decorative mirrors, DIY table centerpieces, and inexpensive but stylish dining sets. With a medium budget, consider investing in a quality dining table and chairs, along with curated lighting fixtures. A luxurious remodel may include custom-built cabinetry, designer dining sets, and intricate wall treatments.
Bedroom
- Budget-Friendly: $2,000 – $5,000
- Medium Budget: $5,000 – $10,000
- Luxurious Remodel: $15,000 and above
Creating a serene and cozy bedroom is vital for relaxation. A budget-friendly bedroom transformation may involve repainting, new bedding, and affordable decor accents. Allocate more for a medium budget to include a quality mattress, custom window treatments, and an upgraded lighting scheme. In a luxurious remodel, invest in high-end furniture, luxurious bedding, and custom built-in storage solutions.
Common Spaces (Hallways, Entryways, etc.)
- Budget-Friendly: $500 – $2,500
- Medium Budget: $2,500 – $7,500
- Luxurious Remodel: $7,500 and above
Often overlooked, common spaces play a crucial role in creating a cohesive and welcoming home. On a budget, focus on painting, wall art, and lighting updates. For a medium budget, consider adding statement pieces and updating flooring materials. In a luxurious remodel, invest in high-end finishes, unique architectural details, and custom storage solutions.
Bathrooms and Kitchens
- Budget-Friendly: $3,000 – $10,000
- Medium Budget: $10,000 – $30,000
- Luxurious Remodel: $30,000 and above
Bathrooms and kitchens are more complex spaces that require attention to both aesthetics and functionality. For a budget-friendly makeover, focus on cosmetic improvements like painting and replacing fixtures. To achieve a medium budget remodel, allocate funds for durable materials, new appliances, and professional plumbing and electrical work. A luxurious remodel can involve custom cabinetry, high-end countertops, designer fixtures, and luxury appliances.
Styling and Accessorizing
Most of the time, styling and accessorizing is what sets apart a professionally designed room from one that is… not. It is recommended to allocate a portion of the overall budget specifically for styling and accessorizing purposes, and an interior designer will help you with this during the budget planning phase of your project. The appropriate budget for styling and accessorizing can vary depending on factors such as the size of the room, desired level of detail, and personal preferences. At TBH, we typically recommend clients set apart 15-20% of the overall furniture and fixtures budget for styling and accessorizing.
Working with This Blue Home Interior Design on your next project…
We understand the significance of working within your financial boundaries and setting realistic budget expectations throughout the entire project. We firmly believe that a successful and satisfying interior design experience is one that combines creative vision with prudent financial management.
From the initial consultation to the final installation, we will work closely with you to understand your budgetary constraints while translating your design aspirations into a feasible plan. Our experienced team will provide valuable insights and expertise, helping you make informed decisions about where to allocate your resources without compromising on quality or style. We will collaboratively establish a budget that reflects your priorities and encompasses all project aspects, such as materials, furnishings, and any additional services.
We are dedicated to maximizing the value of your investment and ensuring that the end result not only meets but exceeds your expectations while staying within your financial parameters.