The Essential Guide to a Stylish and Well-Budgeted Interior
Without a home decor design budget in mind -You will either run into some problems with furnishings ( where you can't afford to purchase all your furniture at the end) or not having enough money ( your overall project scope of the design won't be completed) to finish, and nobody wants that unnecessary dilemma. That's why it is crucial to have a budget in mind so that you do not spend on items that you might not need, or you have to settle for the sofa in the sale section. With these few easy tips, it could help you either save a few bucks to splurge on more accessories or to keeping in your budget.
Strategic Splurges To Define Your Decor
A simple budget plan is to take note of your values and priorities for the overall design project. Take a few minutes in each area of the home and really decide where you would like to start your design project to create a realistic budget so that every splurge contributes to a stylish and harmonious home environment.
Ask yourself and write down:
What room will you take on first? (Is it the living area or the bedroom)
How much should I spend on this room while leaving money to design the rest of the rooms?
What will I get out of designing this area first? (will it be functional, will it add more seating space, will it provide more family time).
Once, decided on the room you would like to start with, list 5 items in each category you would like to include in this project:
Furnishings- A L-shape sofa for the living area or a four-poster bed for the main bedroom.
Window treatment - should I opt for curtains or custom blinds in all the rooms.
Wall Covering- do I need to re-paint all the rooms, bring in wallpaper, or add decorative wall art?
Flooring - do I want new floorings installed or add a stylish rug in each area?
Lighting - should I update with wall scones, add floor lamps, table lamps, or both, or neither?
Strategic splurges can elevate your space without exceeding budget.
Let's focus on a hypothetical home decor project for the living room, prioritizing decor elements and allocating a budget. This exercise helps you see how costs add up when decorating a room. It lets you cut back by choosing paint over wallpaper or fixing up an old sideboard instead of buying a new one. Figuring out where to spend in your budget helps you get the results you want. Making a design budget definitely helps you set practical goals without stressing your finances.
Furnishings Living Area
L-Shape Sofa: R 22,500
Coffee Table: R 4,500
Entertainment Unit: R 7,000
Accent Chairs (2): R 6,000
Side Tables (2): R 2,000
Priority: The L-shape sofa or accent chairs is main elements, so a larger portion of the budget is allocated here. Identify anchor pieces that set the tone. Consider splurging on a high-quality accent chair or elegant set of side tables. These pieces form the foundation of your space.
Window Treatment Living Area
Custom Blinds: R 2,000
Curtains: R 1,500
Curtain Rods and Hardware: R 500
Sheer Curtains: R 1,000
Priority: Custom Blinds for practicality and aesthetics are a priority. Curtains for added softness. Allocate more budget for the living area.
Wall Covering Living Area
Repainting (if needed): R 3,000
Wallpaper (accent wall): R 4,000
Decorative Wall Art: R 5,000
Mirrors: R 2,000
Floating Shelves: R 1,500
Priority: Repainting is a basic necessity. Allocate more budget for a mirror accent in the living area and decorative wall art. Original artwork can be a captivating focal point in your decor. While original pieces can be expensive, consider investing in affordable prints from your favorite creators
Flooring Living Area
New Flooring: R 30,000
Stylish Rug: R 12,000
Entryway Mat: R 750
Priority: New flooring is a significant investment, so allocate a larger portion of the budget here. The rug is important for style and comfort.
Lighting Living Area
Wall Sconces: R 3,000
Floor Lamp: R 2,500
Table Lamps: R 4,000
Priority: Wall sconces for ambiance and a floor lamp are priorities in the living area. Allocate more budget for the main living space. A statement light fixture is a worthy investment. Whether in the dining area or a pendant light in the living room, a well-chosen lighting piece becomes a focal point,
Choosing what's most important lets you be flexible with things you don't need as much. For instance, if custom blinds cost more than planned, think about picking affordable curtains.
This way, you keep the overall design idea without spending too much. Give the focus and budget to the important stuff, like in the living room, while being adaptable in other areas. When determining the budget, allocate each item of your living room furniture. If you dislike the idea of spending thousands on a custom-made sofa, consider selecting individual pieces like a quality couch and accent chairs. This more cost-effective approach will certainly contribute to putting more money back into your budget.