Whether you’ve recently purchased a home or you’re ready to update the one you already have, the question of cost for decorating eventually comes up. And of course, the answer depends on two things: doing it yourself vs. hiring a professional. Since the cost of hiring a professional varies individually, we’re just going to focus on what you might be looking at by doing it yourself.
There is no set number
While there’s no magic formula for figuring out an exact cost, there are steps you can take to get an estimate—and once you have a general idea as to what you’ll be looking at, you can decide where you want your money to go. The first step of course, is to make a budget.
The best way to start is by figuring out what you’re willing to spend rather than focusing on what a project might cost. Make a list of the rooms you’d like to decorate and start listing out all the items you’ll need in order to get the space(s) complete. Be sure to include things like lighting, flooring, accessories, wall treatment and window treatment. Do some basic research to find what these things cost and then enter it all on a spreadsheet so you can get an estimate.
After you have an estimate, you need to figure out where you want to splurge and where you’d like to save. Things like window treatments, dining room sets, flooring and quality seating are wise splurges. Things such as lighting, rugs, wall finishes and accessories are worth scrimping on. You can also save by picking mid-grade fabrics or buying vintage pieces from a thrift shop or antique store.
What rooms should get the biggest investment?
That’s totally up to you. You could invest more in the rooms that are the most public, or you could invest in the rooms you spend the most time in. You could even balance it out between both types of spaces.
Another thing to consider is how long you’ll be living in the home. If you don’t see yourself staying for a considerable amount of time, don’t invest heavily in things that might not come with you if you move.
As a general rule, wait to do your decorating until you have a comfortable amount of money set aside. And, since not everything always goes according to plan, be sure to have a bit of a cushion should you go over your original budget.
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