There are many different reasons why you might want to consider making some interior design improvements to your property. Maybe you’re looking to get more function out of your kitchen or simply want to open up some more living space for you and your family.

Regardless of the reasons for making changes, however, it’s also important to consider what they might do to the value of your home. Even if you have no immediate plans of selling your home in the near future, taking the time to research budget-friendly, high-value improvements for your property can be a great long-term investment.

Below, we’ll go through a number of different interior design strategies you can follow to extract the most value from your renovation budgets.

Making Purposeful Design Choices

Before you start making any changes to your current design layout, it’s important to take a walk through your space and get a fresh perspective. Really think about what’s missing in a space that can add more purpose or value to each room.

To do this, ask yourself questions like:

• Is there more wear and tear in some areas versus others?
• Where is my focus naturally drawn to when I walk into the room?
• How does a certain room make me feel?

Asking and answering these questions can help you to shortlist some helpful design ideas that might be a good fit for your property. This initial step also helps you avoid jumping headfirst into a design project without considering both the short- and long-term value adds.

Using the Right Color Palette

You don’t need to start an extensive home renovation project in order to make your space feel unique. In fact, just by changing the color palette of rooms and hallways, you can completely transform the look and feel of your property.

For example, a fresh coat of paint can go a long way when trying to transform a relaxing den into a vibrant home design studio space. Color choices make all the difference in not only how a room looks, but can actually help you to define a certain mood that you’re trying to achieve when being in it.

Lighting is another complementary element that can help you add more warmth to various rooms. Replacing the fluorescent bulbs with more modern LED options that feature temperature controls can provide you with greater flexibility when updating both your interior and exterior lighting. 

Incorporating Cost-Effective Materials and Textures

One way to keep your interior design projects within budget is by taking a “less is more” approach. You can achieve noticeable improvements in a space by simply making a few subtle, cost-effective modifications.

For example, if you have a dated-looking kitchen or bathroom, one way you can change how they look for a very small investment is to consider upgrading and swapping out older cabinetry hardware or fixtures. Most of the time, these types of modifications require very little upfront costs, and you’d be surprised by the impact they can make.

Another option is to incorporate different materials and textures into your living space. Try adding a few accent blankets or pillows. Get creative by adding some comfortable area rugs with rich materials to add more warmth to a space and give a more sophisticated look and feel.

Prioritizing Comfortable Living

Sometimes you may have a particular goal in mind when you start designing a space, but lose sight of the practical improvements your project should bring. It’s important to remember that one of the most critical elements of an interior design project in most homes should be to focus on making spaces more comfortable to be in.

Keep in mind that just because a sofa or ottoman may look great in your living room, it doesn’t mean it will pass the comfort test. Likewise, you might have a specific lighting idea for illuminating hallways or dining areas, but if the lights are too harsh, they can actually cause headaches and deter people from using those areas more often.

Maximizing Square Footage

Depending on the size of your property, it is crucial when making design changes to maximize every inch of square footage. However, this shouldn’t be done at the expense of making your living space feel too small or cluttered.

A great way to maximize the use of bedrooms and living rooms is to invest in multipurpose furniture. This could be in the form of hidden storage found in ottomans, smaller tables that can expand into larger pieces, or working desks that can fold away into a wall when you’re done using them.

You should also consider the amount of storage space available in each of your rooms. Consider utilizing open wall space by incorporating wall shelves or leaning bookcases to help store and organize various belongings.

Spending Your Budget Strategically

While your main goal may be to have your living space look more luxurious, creating a healthy budget isn’t as important as knowing where and how to spend it. This is where having a good mix of resourcefulness and mindful spending can help.

You should try to be more cost-aware as you start making larger changes to a space, while saving enough of your budget for the finishing touches that can help certain elements really stand out.

Don’t be afraid to spend a bit more on quality pieces of furniture that will last for some time. Anything that’s likely to get the most use, including kitchen appliances, sofas and chairs, and your flooring, should be made up of higher-quality elements that can stand a bit of wear and tear.

Add More Value Without Excessive Spending

Remember, starting an interior design project doesn’t have to mean a significant drain on your budget. By following the tips discussed and planning, you can make purposeful improvements to your property that not only add more form and function to your home but also increase its long-term value.

Author Information

Author Name: Rebecca Denis

Author Bio:

Rebecca Denis, Head of Design at Revive Real Estate, is an accomplished and highly creative interior designer with over ten years of experience in the industry. With a passion for transforming spaces and a keen eye for detail, she has successfully completed numerous projects ranging from commercial spaces to custom show homes.