There’s a limit.  Regardless of budget, when it comes to decorating a home, there is only a certain amount of money available.  The custom sofa may be worth the investment but it’s only possible as part of an overall plan that incorporates other more modest price points.  In other words, splurge $3,500 on the sofa and you might have to forego the $80.00 per yard fabric for window treatments.  Invest in a Persian area carpet and you may need to choose a laminate countertop rather than break the bank with granite.  When it comes to the budget, staying on-target involves a delicate balancing act between what you can splurge on and where you need to save.  Here are the most common home design categories and budget options at both ends of the spectrum. 

Window Treatments

Splurge ~ Custom window treatments lend polish and panache to finished interiors.  Traditional draperies, comprised of exquisitely patterned silk, chintz, damask or brocade hung from decorative poles often feature complementary trims such as braids, gimp with tassels and elaborate tie backs.  Contemporary drapery treatments might feature solid linens or cottons and include dressmaker details like box pleating, contrast stitching and inverted pleats.  Hard window coverings such as California shutters provide smart tailoring to windows in both traditional and contemporary rooms.

Save~ “Off the rack” options such as matchstick and wooden blinds from retailers like Home Depot and IKEA are a great way to save big.  Ready-made draperies allow clients to get the look for less.  In addition, retailers are carrying a wider variety of ready-made choices since consumers love the appeal of “done in a day” options. 

Art Work

Splurge ~ An original piece of artwork infuses a room with true personality.  A work of art can even be used to create a focal point where none exists. Simply choose a painting or photograph (or grouping) that fills the dominant wall and light it with an individual art lamp, a directional spot or pot lights.  The choice of artwork is highly subjective so don’t be afraid to trust your instincts.  If you’re serious about collecting, a knowledgeable expert can assist you in creating a bona fide collection.

Save ~ Art Interiors owner Shira Wood has a philosophy, “everyone should be able to own an affordable piece of art.” Boasting a varied collection of more than 150 artists, Wood suggests the best way to save money on art is to seek out an art newbie; someone who is relatively unknown.   “A gorgeous original oil painting by an unknown artist could be yours for just a few hundred dollars,” says Wood.  Art fairs and art colleges are other great resources.

Flooring

Splurge ~ The design of a great room works from the ground up, so quality hardwood flooring is a worthwhile investment; improving the overall appearance of a home and contributing to its resale value. In addition to great looks, a hardwood floor can be re-stained to change the look of the interior over time.  Stone and tumbled marble are also luxurious options

Save ~  Laminates look exactly like the real thing, whether it’s oak, walnut or maple complete with grain, texture and knots, but cost about 40% less than solid hardwoods.   Keep in mind that both hardwood flooring and hardwood-style laminates require installation which is an additional cost.

Sofa (upholstered furniture)   

Splurge ~ A custom sofa is an investment that serves for many years. However, the true value of this upholstered piece of furniture (how it’s made) is hidden from view.  With a custom sofa you not only know exactly what’s inside, it can be made to virtually any size and upholstered in any fabric.  Expect to pay anywhere from $3,500 - $7,000 for a quality, custom made sofa. 

Save ~ Many local retailers carry sofa styles at entry level price points. For example, Brentwood Classics carries my line of upholstered seating in a variety of styles that range in price from $999 to $1500. 

Area Carpets

Splurge ~ Nothing underscores a beautiful room quite like an area rug, whether it’s a hand-woven oriental, a French needlepoint, rustic sisal, or a modern loop.  Prices vary for original decorative hand-woven wool carpets from $1,500 to $5,000 for the standard 6’ x 9’ size.

Save ~ When the budget won’t stretch to accommodate a fine Persian or oriental carpet, consider choosing a good looking broadloom.  Broadloom is sold by the square yard so it can be cut to any size and it’s a fraction of the cost of a fine oriental carpet.

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