There is a constant desire to achieve a luxurious lifestyle and home with many homeowners looking to incorporate more elements that look grandeur. This can often be very expensive with high-end furniture costing a large chunk of money, which can eat into the overall interior design budget. Luckily, there are ways that you get a luxurious home without breaking the bank.
You don’t need to completely revamp every aspect of your home to make it look luxurious, as there are smaller tweaks that can achieve this effect. Whether that’s changing out the sofa you’ve had for over a decade for a new alternative or hanging up some fancy artwork, there are plenty of small changes you can make to create a land of luxury.
Finding luxury home improvement on a budget can be tricky, which is why we have written this helpful guide to inspire you and provide you with potential interior design debt help. Continue reading to find out more.
What Makes a House Feel More Expensive?
Transforming your home into a luxurious haven is open for interpretation, as everyone has different ideas as to what makes a space luxurious. Indulging in stereotypically rich materials like velvet or faux fur can add luxury to your home, and adding a touch of glamour with metallic accents would work great too. Creating an illusion of spaciousness and sophistication within the home is also important for adding to this aesthetic.
These elements can be expensive to incorporate, especially the rich materials. Achieving this effect on a budget can be a challenge, as high-quality materials and furniture will cost a lot of money that many people don’t have access to. You can take matters into your own hands to find ways to get a luxurious feel in your home without spending too much money.
Luxury Home Improvements on a Budget
Second Hand Furniture
While thrift shopping isn’t the first thing you think of when shopping for luxury home decor, it can be the perfect place to find unique pieces that look elegant. When we say buy second-hand, we don’t mean purchasing old furniture with rips and tears, as there are plenty of thrift stores that have high-quality furniture that was simply not wanted by their previous owner.
While you will find more luxurious choices at retail stores, these can often be costly as these stores will charge premium prices. Thrift stores are far more affordable and you can then use the spare money for other areas of your interior.
Hang Artwork
One way you can make your home feel more luxurious is by hanging up high-quality artwork in areas of your home that have blank wall space. This artwork doesn’t have to be expensive, as you can find amazing artwork anywhere with some searching. Knowing where to look for these pieces is the key with there being many hidden gems out there.
You should match the artwork with your interior design for a classier look, as luxurious interior design tends to have a strict colour scheme. The most common colour scheme is black and white for luxury interiors.
Use Plants
Plants should be used in any form of interior design, as not only can they look luxurious inside the home but they also have very good health benefits. They are proven to boost productivity, improve focus and reduce stress within the home. Air quality has also improved significantly with the addition of plants.
If you’re on a budget, this is the perfect solution. Plants don’t cost too much and can even be grown yourself in your garden. You can even purchase faux plants if you don’t want the constant stress of maintenance. They have some of the health benefits of real plants, even if this is a placebo effect.
Optimise Lighting
Natural lighting costs nothing and can be utilised within your home to make it look more luxurious. It can completely change the feel of your home, as it can make a space feel bigger and improve the overall ambiance of a room. You can optimise your lighting in several ways, such as having larger windows, hanging up mirrors or painting your walls white.
You can also change all of your lighting to LEDs, as these are cost-effective and can make a space look brighter. Elegance is often associated with brightness rather than darkness, so this can be a particularly effective strategy.
DIY Furniture
Constructing furniture yourself can be a very cost-effective solution to achieving a luxurious home. Taking an old piece of furniture, such as a coffee table or cabinet, and upcycling it to give it a classier appearance won’t set you back too much and can also look great if you do it effectively.
The beauty of DIY furniture is that you can get extremely creative with it and go any route you desire. If the rest of your home looks luxurious already this should be easy, as all you need to do is match the appearance of your DIY furniture with the rest of your home.
What’s The Minimum Budget for a Luxury Look?
The amount of money you are willing to spend on your interior design will give your total budget, but you should keep this budget flexible in the chance of overspending on some areas. For a luxurious look, you will have to spend some money as it won’t be free. However, there is a minimum that you should aim to spend on your interior design.
It’s usually suggested that you allocate about 7-10% of the home’s value for interior design expenses. Luxury does come at more of a cost, even if you are achieving this on a budget. You could push this percentage up to 15% if needed, but following the above guidelines should make it clear that you don’t need this extra funding to achieve this aesthetic.
Conclusion
Luxury home design comes at a cost, but you can do workarounds to achieve this on a budget. Setting aside some money for this interior transformation is essential to ensure that you have enough to cover any potential expenses. You can do a variety of things to make your home look luxurious on a budget, such as optimising lighting, buying second-hand furniture and using house plants.
You need to understand and remember that the key to creating a luxury interior is to pay good attention to detail and form a structured plan of action to manage your outgoings. With a little creativity and resourcefulness, you can transform your living space into a haven of elegance and sophistication.