The Real Cost to Decorate and Furnish Your Home

A few weeks ago on Instagram, I went on a bit of a rant. Well, maybe rant is a strong word, but I did talk about something that does tend to annoy me every now and again – and that’s the unrealistic view of how much it costs to decorate and furnish your home.the real cost to decorate your home

I’ll often hear from people who want to makeover an entire room for pennies – like, buying five pieces of furniture, a rug, accessories, and decor for $200. Thrifting and DIY’ing can help tremendously to save on costs, but at the end of the day, if you want to create a home with quality pieces that will last a long time, you need to invest a bit of money here and there.

It’s All About PrioritiesEnjoying our neutral couch in the living room

For me, my home is my priority. Not only is it my business, but I work from home and spend a majority of my time here. I want to invest in this place where I spend so many hours, therefore I’m okay with spending on quality pieces that will make me love my home even more. It’s disheartening when I hear from someone who balks at the idea of spending $150 on a rug for their living room but instead can easily go to Target and buy random crap they probably don’t need for that same price in one afternoon. It all comes down to priorities.

The real cost to decorate your home

I’m not a big clothing shopper, so instead of buying another top for $50, I would rather buy a pillow for my couch. Personally, I will always choose to invest in a piece for my home that I’ll use daily instead of another pair of jeans or sweater that I might wear a handful of times a season.

I realize not everyone feels the same way that I do and some people love investing in their wardrobes, instead of their homes. That’s totally okay! But if you’re furnishing and decorating a home, it’s wise to set aside a budget to create a quality look that will last you for years!How to add secret storage for a budget bedroom

Imagine doing one less Target run a week, visiting Starbucks fewer times every week, and paring down on the amount of clothing you buy each season.  If you do those things, you can easily save a few hundred dollars that you can then use to buy some amazing pieces for your home!

The Real Cost to Decorate your HomeGuest bedroom with coastal touches

Here’s the thing……. everyone has a different financial situation. I can’t throw out random numbers because there is no universal budget that magically fits everyone’s situation. I can’t say you should save $2,000 to furnish and decorate a living room, because it’s totally dependent on the space, your finances, the pieces you already own, etc. But I can dive into the areas where you should splurge a bit and other areas where I recommend cutting costs.

Where to SplurgeBedroom decorating 101

I always say if you’re coming into contact with this piece every single day, then you should spend a few more dollars on it to make sure it’s quality. Typically, those are furniture pieces your butt is going to touch (bed, couch, chairs, etc.), as well as textiles that you’re going to use daily (sheets, duvet, towels, blankets, etc.)

Our couch from Crate and BarrelFor example, our new couch wasn’t cheap…at all. But we lay on it every single night and it was important for us to upgrade to a super durable fabric. I also always recommend this white duvet cover from West Elm. I’ve had mine for six years (!!) and it still looks and feels amazing. Some people complain about the price tag, but this is a piece you literally use every single night! I certainly don’t want to sleep with a duvet cover that costs $20 (eek).

  • Couch
  • Bed & Mattress
  • Bedding & Blankets
  • Towels (I’m all about nice white ones like these)
  • Chairs (the ones you use constantly…dining, kitchen stools, office chair)
  • Bedroom Dresser (if you open and close it every single day, you want it to function well!)

Where to Save

On the opposite end are items that you don’t really come into contact with daily. These are items like side tables, coffee tables, and TV consoles. You can definitely go cheaper on these pieces because the quality doesn’t need to be quite as high if it’s not going to see constant wear and tear from being handled regularly. Add a wood wall treatment behind your bed

For example, I get so many questions about the nightstand in our guest room. I found it at a flea market for $4. I painted it; I stained it, and added new hardware! I’ve had it for seven years now and it still looks awesome. Also, the side table in our living room is a total DIY project. You can find the tutorial here, but for just a few bucks I made a piece that functions perfectly well in our home.The cost to decorate: save on accessories and home decor

And the biggest area where I save…ACCESSORIES! I primarily find all of my home decor at HomeGoods, Target, thrift stores, and flea markets. I like to change things out so frequently that it just doesn’t make sense for me to spend hundreds of dollars on a vase. If there’s one area where you can really save, it’s definitely decor.

  • Side Tables
  • Coffee Tables
  • TV Consoles
  • Entryway Consoles
  • Guest Room Nightstand & Dresser
  • Accessories & Decor

Save or Splurge?

Custom art on the walls

There are other home categories where I go back and forth between spending and saving. Art is a great example. I have plenty of free-to-me pieces around my home (like the newspaper clippings I framed or my home key art), but I also see the value in spending money on special art for your space. I will say that if you are going with free or inexpensive art, be sure to spend a little extra on a nice mat and frame. It will make a huge difference in the look of the piece! This post is chock full of inexpensive art ideas. Post renovation video home tour

Rugs are another category where I toggle between the two. The rugs by my doors are all super cheap jute ones from HomeGoods where I spend no more than $20-$30. However, I’m starting to buy nicer rugs for areas like the living room and bedroom because they can really ground a space and make it feel special.

  • Art
  • Window Treatments
  • Rugs
  • Lighting

Tips to Save Money When ShoppingShopping at HomeGoods

Now that you have a better idea of where you should spend your money when it comes to your home, let’s chat about shopping. I consider myself to be a pretty savvy shopper. Here are a few things I do regularly…

  • Shop Furniture Outlets: Here in Chicago, we have a Crate and Barrel outlet and two Restoration Hardware Outlets. I found some amazing pieces of furniture for half off when I shopped there!
  • Try Floor Samples: If you don’t have an outlet near you, head into a store and inquire about floor samples. You can sometimes get killer deals for furniture that is lightly used.
  • Use Coupons & Promo Codes: When online shopping, I always take five extra minutes before checking out to search for a coupon or promo code and I usually end up saving a few bucks.
  • Check Out eBay: While I’ve never done this myself, I have heard of buying coupons from people off of eBay. Spending a few dollars on a coupon that could save you hundreds is a worthwhile idea! Just make sure the seller emails it to you right away instead of mailing it.
  • Flea Markets, Antique Stores, & Thrift Stores: I think the best homes have a mix of old and new, so I’m all about incorporating old treasures into each space. While shopping vintage furniture may not save you tons of money, you can find high-quality pieces that they just don’t make these days.
  • Try Craigslist of Facebook Marketplace: This post has all of my best tips for shopping on Craigslist.
  • DIY It Up: Of course I have to mention that you can save big bucks with a do-it-yourself attitude! Find an old piece and give it some TLC with a coat of paint and new hardware.
  • Shop your House: If you’re in need of new decor, walk around your house and change things up. It’s crazy how much more I can like an item when I bring it from one room to another.

Take Your TimeClean air in our living room

The best way to save money when it comes to decorating your home is to go slow. We’ve been in our home for two months now and I still have two completely empty rooms! The biggest mistake I see people make is moving and buying tons of stuff immediately just to fill up every space. Creating a home is a process and you really should live somewhere for a while before you invest in tons of furniture and decor.The real cost to decorate your home

Don’t look at each room and think, “I need to save up $2,000 and then I’ll decorate this space all at once!” Instead, find items that you truly love and bring them in slowly. That way you’re not spending tons of cash upfront and you’re building a home that is intentional. Of course, I want every room in my house to look amazing right now but that’s just not realistic. I would rather go slow and have fun with it.

If you take anything away from this post I hope it’s the idea that your home matters and there is no magical number or specific cost to decorate and furnish a space. Home is where we spend so much of our lives, so surround yourself with items you love (whether they are expensive or not-so-expensive.)

I would love to hear your thoughts on this topic. I know it can be a bit controversial…but let me know in the comments below!

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Casey