Here is a step-by-step budget guide that can help you set up and stick to a decorating budget — without blowing it.
Plan for Success
What’s the dirtiest word in decorating? That’s right: budget.
Whether you have just a few $100 for a room makeover or tens of thousands, you’ll need to plan carefully and make tough choices to meet your bottom line. But budgeting isn’t all bad news: “Decorating on a budget isn’t about being cheap, it’s about being smart — making informed decisions and getting the best value for your money,” says interior designer Kristan Cunningham.
Make a Design Wishlist
Familiarize Yourself with Price Tags
Before you draft an itemized budget, hit the stores, catalogs and Internet to research how much each item on your wishlist will cost. If it’s been a few years since you’ve decorated — or if this is your first major home project — expect some sticker shock. Couches, for example, can range from a few $100 to $1000+, so price out sofas that meet your style, quality and comfort standards.
Shop Around Before Hiring a Pro
Prioritize Your Purchases
Don’t Forget About Labor Costs
Draft Your Decorating Plan
Splurge on Important Features
Scrimp on Cosmetic Changes
Once you’ve earmarked the bulk of your budget for the big items, divvy up what’s left for the extras: linens and other textiles, lighting and decorative accessories — anything that’s available at a wide variety of price points and is easy to switch out or upgrade later.