As a homeowner, one of the things that you will want to do in order to maximize the value of your home is to redecorate the bedroom. Whenever you decide to redecorate this part of your home, it is important organize a budget so that you can more efficiently spend money for this task. Fortunately, there are many ways in which you can determine a budget for redecorating the bedroom. You can devote some of your savings for home improvements and set aside an amount of money to by things like new furniture, fixtures and wall decorations. Once you determine a budget, you will know the total cost of redecorating the bedroom and begin the process of improving its appearance and design.
Purchasing New Furniture
One of the things that you will want to budget for is new furniture. Over time, there are new trends with modern furniture that you will want to consider when decorating your room. Whenever you are budgeting for new furniture, you can consider either high end furniture or standard furniture. With either option, you will need funds for things such as a bed, a side table, lamps, dressers and nightstands. Standard projects are more affordable as you can redecorate a bedroom for as little as $5,000 while the high end furniture options will cost about $10,000.
Installing Wall Decorations
Another thing that you will want to budget for when redecorating your bedroom is wall decorations. You can purchase a number of items that will help the walls stand out among visitors and potential buyers when and if you decide to sell the home. Some of these decorations may include artwork, shelves and plaques. In most cases, these items will cost around $2,000 on average.
Getting New Paint
Along with buying new furniture and installing wall decorations, homeowners will also want to consider budgeting for paint. You might want to paint the walls of the bedroom in order to stand out more. This will also compliment the new furniture and fixtures as well. In order to paint a bedroom, it will cost about $200 to get a quality paint can as well as the supplies such as a roller and/or a sprayer.
Allocate an Amount You Can Afford
Whenever you are looking to redecorate your bedroom, it is important to allocate an amount of money that you can comfortably afford. While the high end furniture and fixture options may be very appealing, the standard options are usually sufficient for making your home look nice. As a result, you will want to focus on budgeting for upgrades at an amount that won’t interfere with your ability to meet your financial obligations and savings goals.