How to Set a Realistic Budget for Your Interior Design Project
Starting an interior design project is an exciting journey, but one of the most crucial steps is setting a realistic budget that reflects your style and financial comfort. Whether you're transforming a single room or an entire home, understanding cost expectations ensures a seamless, stress-free process. Here’s how to make the most of your investment.
Why Setting a Budget Matters
Many first-time clients aren’t sure what a design project truly costs. A well-planned budget not only prevents financial surprises but also allows for intentional investments that elevate your space. With a clear budget, you can:
Prioritize essential design elements
Make informed choices about quality
Balance splurge-worthy pieces with cost-effective finds
Allow flexibility for unexpected adjustments
Define Your Priorities
Before diving into the details, think about what matters most. Are you looking for long-lasting, high-quality furniture? Do you need multifunctional spaces that suit a busy lifestyle? Whether it’s luxurious finishes, durable materials for a family-friendly home, or curated statement pieces, defining your priorities ensures a budget tailored to your vision.
Investment Levels: Understanding Design Costs
Every design budget can achieve beauty and functionality when planned wisely. Here’s an overview of the three investment levels Ville Otis Interiors uses:
Entry-Level Budget ($10,000 – $15,000 per room)
This range includes affordable, stylish options from well-known retailers that offer great design at a lower price point. If you're furnishing an entire room, you might shop from brands such as:
Pottery Barn
Amazon
Wayfair
Target
This budget works well for DIY decorators or those looking to refresh their space without a major financial commitment.
Mid-Level Budget ($20,000 – $25,000 per room)
For those who want a balance of quality, craftsmanship, and design, this range allows for a mix of retail and designer-trade furnishings. You can expect to shop from:
West Elm
CB2
Crate & Barrel
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This budget allows for more customization, designer touches, and higher durability in furnishings.
High-End Budget ($25,000+ per room)
For those seeking investment-worthy pieces, custom designs, and luxurious details, this range includes brands such as:
Restoration Hardware
Serena & Lily
Arhaus
Trade-Only Vendors
Designer Access: A Game-Changer
Partnering with an interior designer grants exclusive benefits beyond retail shopping, including:
Custom Furniture & Fabrics – Unique, tailor-made pieces for a one-of-a-kind aesthetic
Exclusive Trade Pricing – Access to designer discounts, often reducing overall costs
Curated Selections – Thoughtfully sourced, high-end pieces that elevate your home beyond mass-market options
Additional Costs to Consider
Beyond furniture and décor, remember to budget for:
Design Fees – If hiring a designer, fees vary based on the services provided.
Delivery & Installation for In-Person Design services– White-glove delivery services add to costs but ensure proper setup.
Custom Work & Materials – High-end textiles, wallpapers, and window treatments can add significant costs.
Unexpected Expenses – Always allocate 10-15% of your budget for contingencies.
Making the Most of Your Budget
Mix High & Low – Invest in foundational pieces like sofas and beds while saving on accessories.
Plan in Phases – If budget constraints exist, consider designing in stages rather than all at once. Keep in mind that furniture pieces selected now may not be available in the future if you don’t plan to purchase them for a few months.
Consult a Professional – Designers help maximize your budget while achieving your desired aesthetic.
Knowing What Pieces it Takes to Fill Your Room
A fully designed room consists of approximately 20 pieces. Here is an example of the furniture pieces you’d need to complete a bedroom if starting from scratch or doing a full refresh:
Quality mattress
Headboard/bed frame
1-2 nightstands
Pillows
Comforter, duvet, sheets, and pillowcases/shams
Dressers: tall and wide
Storage: wall shelf, bookshelf, cabinet, electrical storage for laptops and chargers
Accent seating: bench, sofa, poufs, chair
Lighting: nightstand, overhead, accent, floor, desk lamp
Area rug below bed/added seating area
Decorative accents: candles, picture frames, knickknacks, clocks, sculptures, diffusers, jewelry holders, and books
Window treatment: drapery, curtains, blinds, and shades
Curtain rods
Wall art
Plants/potted tree
Decorative pillows for bed/accent seating
Mirror (hanging or standing)
Throw Blanket
Baskets/hamper
Paint/wallpaper
Final Thoughts
Setting a realistic budget ensures a smooth design process and helps prevent financial surprises. Whether you're starting small or going all out, understanding different price tiers and the advantages of designer access allows you to create a space that reflects your lifestyle and taste while staying within budget.
Are you ready to transform your space with expert guidance and exclusive trade-only pieces? Contact Ville Otis Interiors today to start your design journey with a tailored approach that fits your family’s lifestyle and budget! Check out our services to see which works best for your needs.