What It Costs: Furnishing a Living Room
Revamping your living room can breathe new life into your home, making it a more comfortable and stylish space for you and your family. Whether you’re looking for a quick refresh or a complete overhaul, understanding the costs involved is crucial. In this post, we’ll break down the expenses associated with updating your living room into three categories: Good, Better, and Best.
Let’s review what each tier offers and the potential costs involved!
Photo | The O’Neill Casa
GOOD: A Simple Refresh
If you want to improve your living room’s appearance without breaking the bank, a Good update focuses on minor changes that can make a big difference. This tier is perfect for those who want to enhance their space without a complete redesign.
What to Expect:
Paint: A fresh coat of paint can dramatically change the ambiance of your living room. Expect to pay around $300 to $1,200 for a standard-sized room, depending on the quality of paint and whether you hire a pro or do it yourself.
Furniture Updates: Consider replacing or reupholstering a few key pieces, like a sofa or accent chairs. Budget-friendly options can range from $800 to $3,000.
Lighting Fixtures: Swapping outdated light fixtures for trendy alternatives can refresh your space. Expect to spend about $100 to $1,500, depending on the fixture style.
Accessories: New throw pillows, rugs, or art can add personality without a hefty price tag. Accessories typically cost between $200 and $1,500.
Window Treatments: Updating your curtains or blinds can enhance privacy and style. Depending on your choice, costs can range from $150 to $1,000.
Estimated Total for GOOD Living Room Update: $1,700 - $8,200
Hand Rendering | The O’Neill Casa
BETTER: A Stylish Makeover
If you're ready to invest a bit more for a more polished look, a Better update focuses on key elements of design and quality. This level allows for more significant changes that elevate your living space while remaining within a reasonable budget.
What to Expect:
Custom Furniture: Investing in custom or higher-quality furniture can enhance comfort and aesthetics. Expect to pay around $2,000 to $8,000, depending on the size and materials.
Accent Walls: Create a focal point with wallpaper or a unique paint treatment. This can cost anywhere from $500 to $2,500.
Flooring: Upgrading your flooring can significantly impact the overall feel of the room. Depending on the material (hardwood, laminate, carpet), costs can range from $2,000 to $7,000.
Art and Decor: Curate a selection of art pieces and decor that speak to your style, which can add $500 to $3,000 to your budget.
Lighting Upgrades: Consider adding recessed lighting or stylish chandeliers, which typically range from $300 to $2,000.
Estimated Total for BETTER Living Room Update: $5,800 - $22,500
Photo | The O’Neill Casa
BEST: A Luxe Transformation
If you’re ready to go all out and create your dream living room, the Best option focuses on high-end materials, custom designs, and a comprehensive remodel. This tier is for those who want a luxurious, personalized space.
What to Expect:
High-End Custom Furniture: Commissioning custom pieces or choosing luxury brands can elevate your space significantly. Costs typically range from $10,000 to $30,000.
Full Remodel: A full remodel may involve layout changes, built-in shelving, or custom cabinetry, costing anywhere from $15,000 to $50,000+.
Premium Flooring: Consider high-end materials like natural stone or solid hardwood. Installation can range from $10,000 to $30,000 based on square footage.
Artwork and Antiques: Invest in original artwork or antique pieces that make a statement, which can range from $5,000 to $20,000.
Smart Home Integration: Incorporate technology with smart lighting, audio, and home automation systems, typically costing between $5,000 and $15,000.
Estimated Total for BEST Living Room Renovation: $45,000 - $145,000+
Factors That Impact Living Room Renovation Costs
Several factors can influence your overall budget when updating your living room:
Location: Renovation costs can vary significantly based on your geographic area. Urban centers may have higher labor rates and material costs.
Quality of Materials: The quality of materials you choose will impact your budget. High-end finishes and furnishings naturally come with higher price tags.
Design Services: If you decide to work with a professional interior designer, their fees can range from $100 to $250 per hour or more, depending on their expertise and your project’s complexity.
Photo | Pinterest
Tips for Making the Most of Your Living Room Update
No matter which tier you choose—Good, Better, or Best—here are some tips to ensure your living room update is both stylish and functional:
Define Your Style: Have a clear vision of your desired style and atmosphere. Whether it’s modern, coastal, or bohemian, knowing your aesthetic will help guide your choices.
Focus on Functionality: Ensure that the layout and furniture choices work for your lifestyle. A comfortable, functional living room is more enjoyable for everyday living.
Invest Wisely: Allocate your budget strategically, splurging on key pieces while being more budget-conscious with others. This will help you achieve a cohesive look without overspending.
Creating Your Dream Living Room
Updating your living room is an exciting opportunity to enhance your home’s aesthetics and functionality. By understanding the costs involved in each tier, you can make informed decisions that align with your budget and vision. At The O'Neill Casa, we’re passionate about crafting fresh, modern living spaces tailored to your needs and style.
Ready to elevate your living room? Let’s bring those relaxing coastal vibes to life together!
Photo | The O’Neill Casa
