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This is interesting! Commenting just to find it easier if/when we ever buy a house ;-)
PS - that number seems really high; I'm guessing it includes things like appliances and tvs? Or is it just furniture?
My Aunt and Uncle just completely furnished their new condo from scratch. I'm not sure how much cost was, but it I doubt it was 25% of the condo.
They made sure they did their research and caught sales, and at the same time made sure it was top quality. Seemed like she bought quite a bit from Ikea. Think about whats most important to you and what you would like to splurge on. They decided to splurge a bit on a top quality Simmons mattress, but they know it'll last them the rest of their lives.
I had an empty house for like 2 years. my friends hella made fun of me. I bought the 52" tv and that was it. everything else was gifts of old furniture people didnt want anymore but was still new. now i have hella STUFF in my house cause everyone knew I had nothing and gave me EVERYTHING. but i lived in an empty box fopr a long time.
It obviously can be as expensive as 25% of your home, but that seems rather over the top. Especially with home prices the way they are where I live.
Your ideal home has the same amount of rooms and spaces that we have. We've lived here for 3 years now and still haven't completed 1 of the bedrooms, and haven't ideally furnished the living room. So for what we have furnished...I would roughly estimate it at 14k. I would definitely recommend holding out to buy your ideal furniture. We "settled" on a lot of things and have already or want to upgrade/replace a lot of pieces already.
We just bought our home, but we still have a mix of furniture from our old town house (most that I would like to replace eventually), new furniture, and of course places that we need new furniture.
I promise that it won't cost THAT much to buy our furniture though! Pretty much all of our new stuff is from antique stores and has been refubished. That's my style anyway, so that's where I prefer to shop.
I really have to agree with @artbee:. It completely depends on your style. I LOVE the country cottage look so furnishing my place has been done well under 10k. I shop estate sales, auctions, thrift stores, yard sales, antique shops and upcycle a ton of stuff. Most of my wedding decor will be incorporated into my home after my wedding which is why I chose it. I have a stack of projects waiting on me right now taller than I but I love the hunt and I love taking something no one else wants and making something fabulous out of it. The cost will completely depend on your taste and how much time you have.
Project for next year is my daughter's dream room found on this board:
http://pinterest.com/zipporahf/for-the-home/ The bed will definitely be challenging but will really be the over the top punch her room needs :)
care to share your pinterest board?
We are building our house and it's going to be done in December so we have been working on the furnishing aspect for the past few months. I'm like you and really want to get rid of a lot of the furniture we have and get new stuff. I really, really doubt that it's going to be 25% of our house value. I'm sure that for some it could be but we are on a tight budget. What we've been doing is converting what we can of the stuff we already have to work in the new space. Either by placing it with new furniture or changing it with paint or fabric to make it look new. Another thing we are doing it building furniture when we can. Things like coffee tables, end tables, a liquor cabinet, we found would be less to build than to buy. Also we are looking at outlets, hitting up sales, going to antique stores, Ikea, etc. looking for deals and mixing and match everything. The nice thing about us building has been that it's broken up some of our purchases over a few months and we have the space now to store what we buy.
If I had to estimate how much it will cost to do all this and furnish the new house I think it will be around $5,000 total for a 4 bed 2.5 bath house.
Oh boy, I've never even thought of it to be honest. We had a huge apartment before buying our home, so we were lucky that we could start buying things a few years in advance. Our house isn't nearly where we want it to be in terms of furnishing, and I don't know if it ever will be since our style keeps changing.
On our living room, we probably spent about $6,000. This included a couch, chair and a huge ottoman. Coffee table, 2 end tables, 2 lamps, corner tv hutch, curtains & window treatments, pictures & decorations
EDIT: I also cant imagine buying tons of furniture right off the bat. It was really helpful to live in our house for a few months before deciding on major purchases or furniture pieces. Sometimes once youve been in the house for a while, your ideas totally change.
The number doesn't seem that far off. It is really high for a first time home owner. I've been a home owner for over 7 Years (we are in our second home) and I can tell you for my first home we spent around 5000 on kitchenaid stainless steel appliance. Our second home was around 10000 as did things a little more custom. In our first home we spent around 4000 on kitchen upgrades through our builder. ( upgrading the kitchen cabinets to maple, adding a pantry, valance lighting, backsplash. In our second house more like 15000 as we added alot extras to make our kitchen custom. Things like granite, pot and pan draws, crown moulding, taller uppers, some glass etc. Not all that is needed though. Our first house our kitchen we was still really nice but didnt do all the extras as they add up really quick. It all depends on how upgraded you want it.what is your vision? One thing to not forget about is blinds or shutters. Depending on the size of your house( the more the square footage the more windows you will have). If you want shutters your looking around 4000 for a 2000 sqft home. A lArger home would be more. We also just purchased bedroom set for 7000. I also spent a similar amount on a dining room furniture. Saying that you could go to a big box store(the brick) and purchase a lesser quality furniture for probably 2000 -3000. I suggest buying your home and priortizing what you really need as it is really unrealistic to think you should have it fully furnished with brand new furniture. We had our dining room empty for 2 years and we made due with my old bedroom furniture for 7 years. I would concentrate on only saving for items like Appliances, kitchen table, sofa and blinds as those are the things you will need right away. would need right away. You could wait to replace your current furniture and make use of it for a while. Plus it's nice to be in your home for a bit to actually see what you need and actual sizes of pieces so it is commensurate for your room. Happy home buying and remember Rome wasn't built over night!
That calculation seems way off. The housing market here is really weird, a house that size in the east end would cost around 300k (so 75k for furniture) and a house of the same size would be around 600k (so 150k for furniture????) in the west end. That's totally unrealistic and why should someone spend double the amount for the same furniture?
It completely depends on where you are getting the furniture from too. I'm sure if I bought everything at Crate & Barrel or Pottery Barn it would come tok 60k but I don't want to pay their high prices.
It definitey depends on your style and where you shop. I like very modern looks (clean lines, minimalist) with neutral/earthy colors. I just bought a house in July, and I only had a bedroom set and a couch. I probably spent about $7k decorating the rest. So I bought things for the office, coffee table, end tables, console table, kitchen set, bookcase, window treatments, and prints for the walls. My house is only about 1000 sqft though, so not too much to decorate. I definitely prioritized what was important and would get a lot of use. I live alone and always eat on the couch while watching tv, so I didn't spend a lot of money on a kitchen set. In fact, I got it from Walmart. It fits my style and looks nice, but it was cheap. If I used it everyday, it probably wouldn't last long. My parents bought a big house a few years ago, and they just recently finished decorating. They just used some stuff they already had and shopped around for sales and things until they had everything they wanted. Sometimes they would get something cheap at Ikea or Walmart to hold them over for a few months to a year until they found the perfect piece. Decorating is more of a process than I ever would have thought!
I think we all know from planning a wedding that everything can be done for less money than "the average". The costs you're finding online suggest fully furnshing your home with brand new, high quality pieces. In reality, you're probably going to be slowly adding quality peices to your home during the first few years you live there, and of course there's nothing wrong with buying slightly used or lower quality peices that will only last until you can save up enough to replace them. Don't freak out about everything being filled and perfect the day you move in. Part of the fun of having your own place is taking the time to decorate it as you build memories there.
Thanks for your responses, everyone! I know it's unrealistic and probably unwise to design every last part of our home from scratch on day one, but I would like to have our budget ready so we can do it as we want to, rather than as we can scratch up the money.
I like antiques and am not opposed at all to buying used, but I imagine for convenience sake we might end up buying from stores like Pottery Barn and Crate & Barrel. Still, I imagine a $15,000 budget for furnishing our home would be more than reasonable, and that's something we can save up over a year or so while we're also saving up a down payment.
@secondchances: http://pinterest.com/danielledali/ :)
25%?! Thats crazy, that would mean it'd take me over 100k to furnish my house? It's been over a year and I'm STILL trying to get it furnished. It's 3200 finished sf including the finished basment. But so far...
For my living room: sofa/loveseat 2k, rug 180, coffee table 350, tv stand 400, side table 150, curtains 80, curtain rods 45 (love TJ Maxx!), wall metal art 30, canvas art 160, few picture frames 50.... so...about 3500 for living room. If you include the tv, 4700
I've got a second living room that isnt furnished except for a computer desk 100
Small table for kitchen: 200 chars 200
I havent dont the dining room yet, but the set I'm looking at is 800 and 400 for the buffet
Bedroom: we built the bed for about 400 in material, night stands 300/each, dresser I'm looknig at is 800, curtain rod 20 curtain 12, bench 130....about 2k
Probably 1k for each of the other 3 bedrooms.
So basic house furnishing with some serious bargain shopping total: about 12k? Not including much decorations yet.
Hum this is a really good question and probably depends on a lot of factors since it certainly cheaper to buy Ikea furniture than Ethan Allen.
I just read your second post and it seems you like the expensive stores like we do! I would say knowing those stores for formal dining room you would need about 10,000? (we just bought ours from Bassett furniture and it was 8,500 for all the pieces and we still need the decorative stuff), a living room maybe.... 4,000? (again depends what you want/ need. We want to have a grand piano in our living room and naturally that's more expensive then some couches), family room same, bedroom 5ish? I'm not sure about this one... we haven't gotten to the bedrooms yet! It all depends what you buy... look for sales. So the 60,000 seems high but then your second thought of 15,000 seems low.
Edit: I also live in NJ. Everything is expensive here lol
25% of the home cost seems like a strange value because real estate prices are so variant. My house is 2600 square feet (4 bed 2.5 bath) but I live in Ohio so its only $200k (= 50K to furnish by that figure). If I had this same house in San Francisco it would probably cost what... 1M? Or more? Making the figure to furnish 250K. Now I guess it would stand to reason that a person who pays $1M for a house probably has more expensive taste in furnishing than someone who pays 200K for a house... but I don't know if that is true to a factor of 5.
As for how much you'll need to spend... kinda depends on what you want and how "full" you like your house! I could see it costing 60k to furnish our house, which is about the size you're looking at. I'm pretty frugal, shopped deals, etc, and we spent about 11k furnishing just our dining room, living room, "man cave" (second living room), and bedroom. And those are far from "finished." We're using all hand-me-downs for the other three bedrooms.
ETA: Thought an estimation of what we spent might help. This is just to the best of my memory--
Dining room table + 4 chairs + bench (1,400 from Ashley Furniture)
2 end tables and coffee table for living room (400 from Ashley Furniture)
Headboard/footboard/2 night stands/tall dresser (1,400 from Ashley Furniture)
Cloth sectional for living room (1,700 from Macy's)
TV for living room (free from Ashley with furniture purchase)
Leather sectional for man cave (3,600 from Macy's)
60" tv for man cave (2,700 from Best Buy)
That sounds super high! I'm currently furnishing the house we just bought. We do have a lot of stuff from the last home but this one has 2 more bedrooms and additional bath and family room compared to the last. I find that if I take my time and wait on sales I can get pretty good deals. Home Goods and Marshalls are great places for decorations. I've found some lovely art of Etsy that I then framed at Micheal's craft store myself with frames I bought for 40% off. I'm going to be making my own curtains for some of our rooms, the fabric stores have such luxurious fabrics and patterns for the different curtain styles, $300 curtains for $100, yes please! I've also found some great solid wood peices from Consignment & antique shops, though you really have to hunt. For the new coffee and end tables I'm going to an unfinished furniture store and going to finish them myself. Overstock.com is also great for blankets, duvets, sheets etc. Oh and accent chairs too.
I went to Ikea for the first time last weekend, and I was blown away by how much stuff they have. I think you could easily furnish a two or three bedroom house for 10k at Ikea.
It might take you two weeks to find your way out of the store, but it's super cheap. And they have restaurants and a daycare, so it's really not a bad place to get lost for a while... :)
@daniellemybelle: I thought we'd have more money for furniture too... but you have to also look out for other things that will pop up! Don't forget about closing costs, inspections, etc. And depending on what kind of a house you're looking to buy, it might need some work. We went for a short sale, and while it was in pretty good shape, it still did need a tiny bit of work, and it all adds up quick! Even painting gets expensive.
Here are some figures from the rooms we have recently decorated in our house...
(Note: while most of our major pieces come from either crate & barrel or pottery barn we tend to get accessories from slightly less expensive places like World Market and Pier 1 or Target)
Living Room: Couch, 2 Chairs, Ottoman $3300 (PB), coffee table and end table $200 (Ikea), TV $2k (dont even get me started), TV stand $300 (best buy), curtains, rugs, lamps, picture frames, accessories $600. So thats $6400 for a 14' by 17' room. Not to mention it still needs some stuff, not a ton, but some!
Dining Room: Table $250 (World Market), Chairs $1800 (calico corners), Bar $500 (Crate and Barrel), Misc $400 total of $3150 for 10' x 12' room.
Office: Desk $500 (PB), small couch $800 (PB), bookshelf $250 (World Market), Rug $500 (C&B), misc $300 for a total of $2050 for a 10' x 12' office.
Master Bedroom (not done yet, but priced our for when we are ready) Bed $800 (PB), mattress $900, dressers $2000 (PB), nightstands $600 (PB), Drapes/Rugs/Lamps $1000 (PB) and bedding $350 (PB) which is $5650 for a 14' x 16' MBR.
Now we had a lot of stuff in our condo that has become great furniture for our family room, breakfast nook, guest bedroom and basement. I think its about prioritizing. I.E. when we first moved in we bought the living room and dining room stuff right away because otherwise we would have had empty rooms. We have just a mattress/frame and an old dresser in our MBR now until we have saved enough. I think to do it all at once would be WAY overwhelming for me...so I like the gradual approach.
I am at $17k in all the stuff I listed above. Not to mention I am sure other misc. stuff I forgot along the way and we are only talking about half my house. So at our home value of $200k we have spent 10%, I'd say 20% is reasonable for our taste and preferences in furniture.
Obviously there are much more economical ways to furnish a house while looking just as great!
Well, FI and I are in the process of re-furnishing our apartment (1200 sqft, 3bdrm). My suggestion would be to tell family members and friends what you need and get some nice used pieces first. You don't have to say yes to your friend's cousin's mother's Great Aunt Sally's old lady floral living room set, but often someone knows someone who is moving and willing to sell their beautiful dining room set very inexpensively. Even if it's not exactly what you want, it's furniture. This gives you the flexibility to do redo one room at a time instead of the whole house at once.
FI and I are currently working on the living room, replacing couches we bought from a friend for $150 with a nice, brand new sectional ($2k), chair ($700), new TV ($1000), new TV stand ($200) and lamps ($80 each). We also had bought a dining room set for $200 from another friend that came with matching end tables and coffee table. We actually really like them and aren't planning on replacing them.
Also, while higher end furniture will probably last longer than stuff from Ikea, there's a level where it evens out. No one will know that if your nice leather sectional is from Ethen Allen or RC Willey unless you tell them.
We are in the process of building and not that far away from completion :) and really all I can seem to think about is furniture.
We have some great stocktake sales and outlet stores where things are reasonably priced.
We managed to get a retailed 6.5k couch for 1.4k because apparently the colour shade wasnt quite right. It looks black to me!! but it didnt mean the factorys quality standard so they put it on sale. It still functions and not going to collapse anytime soon:P
But there are bargains to be had. With ours being 4bed 2 bathroom I would say it would cost me about 12k aussie dollars to get it to a standard that i want. I want to replace the spare bed, reupholster two inherited couches and it goes on.
I know how addicting Pinterest is, but two months after buying our house and getting married, I'm flipping exhausted. We are starting to furnish almost from scratch, but we're taking it basically one room at a time because we have no energy left after the wedding and moving. It's also really hard to pick out your "forever" furniture all at once. We don't plan to replace major items like the dining table or couch, so a lot of thought is going into each piece!
@daniellemybelle: One thing you could do in the meantime is go ahead and buy/look for your big or important pieces now so you can enjoy them. When I had a teeny condo, I used a tax return to buy two $500 chairs upholstered in Todd Oldham fabric and I still absolutely adore them 11 years later. If you're in to antiques, you never know when you're going to find that one perfect armoire or adorable bench... have fun with it! It will be less you have to buy later!
Bringing this thread back from the archives.
We have a $5000 budget to furnish our APARTMENT, and are finding it tight! We're in the midst of it all right now and I'm sure we will probably end up overbudget!
we just bought a beautiful set of table and 6 chairs and a china cabenet/ Dry bar. those two pieces were a little over $1300. We have been in our one bedroom condo for almost 2 years and have slowly gotten things.
Beedroom furniture Free, it was my husbands grandfathers
Bed Free, took it from my parents house
TV stand was unfinished beautiful wood $350 and we finished it ourself
My husband already had a nice flat screen TV
2 Broyhill sofas from Craigs List, we LOVE!!! $250 each (500 total) they are beautiful, very proud of those!!
Friend gave us coffee table, my mom gave us 2 of her old bakers racks and a side table
2 lamps $250
Area Rug $200
So we have spent about $3500 for a one bedroom condo and we were given a lot of things.
We love craigs list, definitly a good place to check out and it was nice that our parents let us take things and gave us things to furnish our small place! We also found a little family owned furniture store that sells things at great prices, they were really honest and we went home and looked up the pieces on line and they were a few hundred $ under what a normal furniture place would have charged us.
It really adds up fast and is not cheap. unless you have a ton of money its best to start slow and really shop around, get what you need and save up for the rest, buy as you go along!!
It really depends on your style, area, stores, and so on. I'm in the DC area, so buying furniture is way more expensive than say, in the Carolinas, what with them being the furniture capital of the US. I will have to say that I do not recommend 'furnishing all at once.' My mother tried to do that with their new Florida house and ended up returning a lot of pieces because, once it all arrived, she sad that certain spaces didn't work. I recommend getting sets together (like, buying most/all of a bedroom set) and then gradually aquiring pieces room by room.
In terms of price, it's so variable. If you furnish your house entirely from Ikea, you could do it pretty cheaply, but certain pieces will lack quality and potentially fall apart in too short a time period (re: My Malm Bed). If you go all leather, all oak, all expensive materials.. you could easily exceed 25% of the home's value if you don't live in a super expensive area.
I shop mostly thrift, consignment, garage sales & outlets for furniture (non upholstered furniture- I buy things like mattresses & couches new or from people I know). I like refinishing things, and I prefer solid wood furniture that is hard to find & expensive at other stores. I furnished a 3 BR house essentially from scratch for under $1500 (including patio furniture), and I thought it was lovely (the style was French provincial). However, we were given a couch & coffee table, so I suppose that would have added more to that total. This also didn't include refridgerators, ovens, etc.
My husband and I just moved into our new one bedroom apartment after our wedding, so we had to get all new furniture. I can tell you a little about our breakdown, even though we're obviously furnishing a small one bedroom.
Almost all of our kitchen stuff came from our registry, so really, we didn't need to buy much there. We did need to buy bedding and I got king sheets and a bedding set from BB&B for about $150 I would say, maybe a little more.
We got our dining set from my mom's best friend's husband whose parents passed away. We got the breakfront and table, but we still need chairs. The furniture is beautiful and antique but it needed to be refinished so we had to pay about $1500 for that. It is gorgeous though, and we seriously will have this furniture forever. I also bought a hall table that cost about $100.
In our family room we only have two couches, a love seat and a couch that has a pull out bed and we got them used for about $250 (though my mom bought us those). Then I spent about $200 buying really nice fitted slipcovers from Macy's so they look reupholstered.
Our bedroom set cost about $4500 from Potter Barn, for the king size bed, two nightstands and the extra wide dresser. We got a vintage looked mirror from my mom's boyfriend (since we didn't want to spend $400 on a mirror from PB). Eventually, we would like to buy another piece but we have to save up for that. Especially if one day we move into a bigger bedroom and we want another piece to fill things out.
So we're still in the market for dining room chairs, a TV stand (unit type thing) for in the family room and maybe some nice patio chairs and a table (though that's definitely last on my list). We also don't have paintings for the walls yet, and I want a big clock to hang over the hall table.. You realize how much goes into making a house a home, and when your walls are bare it actually takes away from feeling like home. Not to mention that our kitchen is all white and we have one completely bare wall that we'd like to buy a rack for and an island for more counter space. We could hang some cute pictures there too. I'm overwhelmed writing all this out and we don't even have a huge place!
Once again, I will totally buck the trend. 20-ish % of the home's value seems about right to me, relative to your area. The person who buys the 300k house 3 bedroom in this area is going to have VERY different standards from the person who buys the $550k house of a similar size. That $550k house will be furnished in a more high end style. It will be custom pieces, supplemented with Ethan Allen, not Ikea pieces supplemented with those from Target. Sorry if it sounds elitest (?sp), but that's just the way it is.
By the time I am done with all furniture (custom and off the shelf), custom millwork, good quality rugs, replacing every single light fixture in the house, etc., I am sure we will have spent $70k or more. And that's not even beginning to discuss the kitchen, master bath, hall bath, and laundry room renos, or installing hardwood floors upstairs. I am tired of buying Ikea and other stuff that does not stand up to the test of time. Yes, it's good for 5-7 years, but then it turns to rubbish and must be replaced. I'd rather spend the upfront money to buy the really good quality pieces that will last. But since we'll be instaling a geothermal system and spending money to make the house as energy efficient and green as possible, my interior decorating will just have to wait. Although I loathe the vast majority of our current stuff, it won't kill me to deal with it for a few more years while we maximize all of the energy efficency incentives that are available before they expire. Besides, we have 35+ years in this house, so we can spread the purchases out over many years. When you do that, it's really not so bad.
How much does it cost to furnish your home?
What you can afford :)
The sky is the limit with home furnishings and it is easy to overspend and max out a budget early in the game, leaving little for artwork or other window dressings, etc that can pull your space together.
When planning your home, try the following tips (I was in your shoes wayyy back lol)
1. talk to your partner about must haves. Whether it is a leather chair, a library, or a big screen tv, both of you should feel at home, so both get at least one must have.
2. Watch the sales. You get so suckered if you have to go all at once and buy everything, when you are ready to go. You can save huge buying your items around boxing day sales or closing sales. Try to plan some of your shopping around sales.
3. Buy good quality linens and window treatments. If you can make your own with high quality fabrics, even better.
4. buy real, solid wood if buying wood furniture. Again, more money but the ikea stuff or wood/pressed wood stuff will not last through having children and toys getting inevitably banged off a table. Think lnog term investments...and see a few refinishings in your future.
5. Go to some estate sales and antique sales and buy a conversation piece or two. This helps avoid a "store catalogue" home look and something that is more you.
6. Mirrors and photo walls are less expensive ways to dress homes if you are not sure what your art taste is yet.
7.Research appliance reviews. Do comparison charts for your appliances with your top three and again, shop during boxing day sales or appliance sales. You can set up alerts on items at big department stores sometimes, which can help you save more money.
8. Expect to spend at least $20,000 if you can shop the sales and plan ahead.
It really depends on how many rooms you have and where/what type of furniture you want.
It took me two years to save up for my dining room set alone (it was $7k). I had an Ikea set before that.
It just depends!
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My name is Danielle, and I am an addict. A Pinterest addict. For those of you who are on Pinterest, you can relate to how it suddenly makes you feel like you must have things you didn't even know about before! For those of you who aren't - what are you waiting for?!
Anyway, Pinning has made me totally obsess over our future home in a way I never knew possible! Even more than the actual house, I am getting so excited to design and furnish it! Right now, we don't have much furniture, and much of it I would like to replace. Ideally, we'd have 4 bedrooms, 3.5 baths, a formal dining room, living room, family room/play room, office. Right now, we have two bedroom sets (bed, dresser, desk, etc.), a kitchen hutch and a bookshelf that I'd like to keep & use - that's it.
I know many might say to just furnish a house we buy as we can, but we aren't in a huge rush to buy a home, and when we do we'll be ready to make it our dream home. I'd rather wait a little longer to buy to save up money to furnish it out the gate. The question is: How much?
I Googled it of course, and I read that furnishing a house from scratch typically costs 25% of your home's value. So for a $250K home, that's over $60,000! I think that sounds like a lot. I read on an interior design blog that a "mid-range" living room costs a little over $14,000, which would probably put that $60K figure at about accurate.
So anyone who has furnished their house/a room from scratch, what did it cost you? Please share what kind of furnishings you got and/or how you decided on your budget!