In the current economic climate many people are facing a gap between what they want and what they can afford. It is easy to see this as a beastly problem, or even a reason to throw up your hands and avoid needed design changes, (Please, not this!) But the reality is that every project has a budget. Even clients who have the ability to select more luxurious materials and furnishings end up bumping into dreaded compromises. Most people cannot afford everything they desire, and perhaps that is a good thing. Interestingly enough, I have found that many of the projects with strict budgets end up being the best designs when finished. I actually like working within a budget, it gives a structure to the many decisions that need to be made when redoing a space. So, to give hope as we enter the economic recovery (we are recovering, right?), over the next few blogs I will give you the reasons your design project will be better if you are working within a budget.
#3- You will appreciate your finished project more. As you work though a project, especially a remodel, there are many little things that you must fit into your budget. Many of them do not offer that much of an opportunity either to splurge or to economize- a 2x4 stud costs what it costs- but for many items there are solutions in a range of costs. Working within a budget causes you to consider the lowest cost item for each choice, in addition to the first pretty thing you fall in love with. You might want a subway tile backsplash in your kitchen, and think that Lanka hand molded tiles are fabulous, rich with variation. This might be the detail that will make your heart sing each time you look at it- but your budget will make you aware that the machine made tile is 1/3 the price. If you backsplash is 60 sf, and the cost savings is about $6/sq.ft, you will probably have one of two reactions- either “That handmade tile is so delightful, it was so worth the extra $360 out of my budget.” Or,“I am so glad I could afford that gorgeous modern faucet, because of the money I saved on the tile.” Either way, you are happier with the final result, because of the research that your budgeting made you do. The reality is that there are lovely products in every budget category, and that expensive things are only worth it if they add value that you appreciate. A budget forces you to be conscious of what you truly love and value in design.