How To Keep To Your Interior Design Budget
A clear budget is essential for your interior decorating projects because it will cover the overall scope of the entire project.
Without a design budget in mind
-You will either run into some problems( where you can't afford to purchase all your furnishing 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. So it's important when interviewing your designer to ask how they maintain projects on budget.
Hopefully, with a few easy tips and tricks, it could help you either save a few bucks on more accessories or stick to keeping you in your budget.
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:
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- will it be that 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?
Now allocate the value of what you would be willing to spend on each item. If you don't like the idea of spending thousands on a custom-made bed, then consider buying a headboard and attaching that to the wall. It's much more cost-effective and will definitely put more money back into your budget.
This exercise is also helpful as it shows how quickly things add up when decorating a room. That's when you can scale back and either replace wallpaper with paint or refurbish a hand-me-down sideboard instead of purchasing a new one. Helps you to know where to spend to achieve the results you expect. A design budget will most certainly help you set realistic goals without having to exhaust yourself financially.
With that said, I hope these tips keep your design budget in mind if you are considering a decorating project.