Hiring an interior designer can significantly increase the value of your home, especially for home-sellers looking to minimize problems and increase resale value. According to Zillow data, certain home features can make a home sell faster than expected. Luxurious interior design considers your tastes and home design’s timeless qualities, making strategic decisions that can boost property value.
Renovations and conversions are great ways to boost property value, as they break down the costs of different home improvements and the value they can add to your home. Interior design not only adds aesthetic value but also increases the perceived value of the property. Focusing on the kitchen and bathrooms adds the most value to your property, with appliances that blend well with concealed storage.
A recent study has shown that better interior design can impact property valuation by up to 20. Decorating a house and creating a beautiful layout can definitely add value to the house.
Interior design rarely increases the actual value of a home, but it is perceived value that is more important. Interior design can boost property value in many ways, including making it more functional and using its space better. The simple answer is that yes, interior design adds value to a property, but not all design is equally valuable.
Investing in experts to design your interior finishes can help increase the value of your property, although this may require an initial investment. By considering your tastes and home design’s timeless qualities, you can create a home that not only looks good but also increases its value.
📹 7 BEST Interior Design Projects That Increase Home Value
7 BEST Interior Design Projects That Increase Home Value In today’s video, we’ll be discussing the best interior design projects to …
What room adds most value to a house?
The kitchen is the central gathering space in a home, and a small, cramped, and inefficient kitchen can significantly reduce its value. Expanding the kitchen with an addition and full remodel can provide more room for cooking, gathering, and cleaning, with an ROI of at least 80. A larger kitchen can accommodate modern appliances and features, making it more functional and appealing to potential buyers. Additionally, adding a second story to a house can double the square footage and add appeal to homebuyers.
A full two-story addition can have an ROI of about 65, making it a more cost-effective and recoupable project. Overall, adding a kitchen, adding a second story, and enhancing the overall flow of a home can significantly increase its value.
Does interior designer have a future?
Interior design has evolved from a decorative art to a profession that impacts our daily lives beyond aesthetics. As technology advances and societal values shift, the future of interior design holds great promise. Interior design involves the art and science of enhancing the interior of a building to create a healthier and more aesthetically pleasing environment for users. It involves planning and coordination of furniture, fixtures, lighting, accessories, and other elements.
Interior design has been a vital component of human civilization since ancient times, with influences from Egyptian tomb paintings to Greek and Roman architectural elements. Over time, design has adapted to changing societal norms, cultural influences, and technological advancements. The future of interior design in India and globally holds much promise and potential.
Will AI replace interior designers?
AI has the potential to improve the ID process, but it is unlikely to replace human interior designers entirely. AI can offer valuable insights and assistance, but it requires human empathy and understanding of clients’ needs. As AI lacks feet, it cannot put on shoes. The best approach is for designers and clients to embrace AI technology as a tool to enhance the design experience. As AI’s capabilities become increasingly essential, new and better design works may reflect the saying, “Form following functions”, as modern interior designers adopt a hybrid approach of harnessing AI technology into their work.
Is there good money in interior design?
Interior designers in the United States can expect to start their careers at a salary of $50, 000 to $60, 000 in their first year, with an average salary of $80, 000 to $92, 000 after five years of experience. However, this is based on GlassDoor’s average salary, which is subject to variation. The salary also depends on the individual’s willingness to keep their options open. As a business owner, the average salary depends on the business’s management and the type of work.
For instance, if a business is tight-knit and outsourcing tasks like bookkeeping and HR, the salary can be significantly lower. The income also varies based on the city and the neighborhoods served, with an average estimate of $100, 000 to $500, 000.
What increases home value the most?
Remodeling and renovating your home can significantly increase its value, but not all renovations are created equal. Some projects can add significant value, while others may reduce the sale price. The kitchen is a prime example of a project that can pay off, as prospective homebuyers are looking for modern, updated kitchens. According to Remodeling Magazine’s annual Cost vs. Value Report, recouping 62. 7 to 81. 6 percent of your investment on a kitchen remodel is expected. However, it’s important not to go overboard, as adding an $80, 000 kitchen to a $125, 000 home isn’t a smart move.
What is a reasonable budget for interior design?
The cost of a home renovation or furnishings depends on the overall value of the home. A general rule of thumb is to allocate 7-10% of the home’s value for interior design expenses, with a focus on “Mid-Range” products. For “Designer” level finishes, budget around 25% of the home’s overall value. For example, for a $2 million home, a budget of $500, 000+ would be appropriate for decorating and designing the entire house at the “Designer” level.
However, it’s important to note that these prices do not include home renovation expenses, such as construction. Clients often add features or upgrade finishes as the design process progresses, increasing the scope and cost of the budget. To avoid unexpected overages or disappointed expectations, clients should add about 20 to their initial budget estimate. This will leave wiggle room for upgrades and allow for more accurate financial expectations.
Interior designers are professionals who can save homeowners money by providing a professional touch to their home design projects. For example, if a client budgets $500, 000 and adds 20, they’ll end up with an estimated budget of $600K, leaving plenty of room for any changes or upgrades.
Do interior designers save you money?
An interior designer can help avoid costly mistakes by guiding design and purchasing decisions. They can help avoid purchasing items that don’t fit or match the overall design concept, reducing wasteful spending. Interior designers often have established relationships with suppliers and manufacturers, allowing them to access trade discounts not available to the general public. They can also manage projects efficiently, coordinating with contractors and vendors, ensuring timely completion.
They also know how to optimize space, preventing over-purchasing of furniture and unnecessary remodeling, ultimately saving money. Overall, an interior designer can be a valuable asset in any project.
Do interior designers have a good future?
Interior design is a lucrative career that allows individuals to shape the way we experience and interact with spaces. Interior designers are architectural alchemists who blend aesthetics with functionality, ensuring a harmonious and efficient layout. Their responsibilities include space planning, conceptualization, material selection, collaboration, visualization, project management, staying informed, problem-solving, client consultation, and compliance with codes and regulations.
Space planning involves meticulous analysis of available space, optimizing functionality and flow by determining the strategic placement of furniture, fixtures, and other elements. Conceptualization involves developing creative concepts based on client preferences, project goals, and spatial functionality, selecting color schemes, materials, and themes that align with the client’s vision and the intended purpose of the space. Material selection involves selecting materials such as flooring, wall coverings, furniture, and accessories to achieve the desired look and feel.
Collaboration is essential for successful implementation of the design vision, as interior designers collaborate closely with architects, contractors, and other professionals involved in construction or renovation projects. Visualization uses tools like sketches, renderings, and computer-aided design (CAD) software to present visual representations of their ideas. Project management involves overseeing various aspects including budgeting, scheduling, and coordination with contractors and vendors.
In a dynamic industry, designers must stay abreast of evolving trends, materials, and technologies to offer contemporary and relevant design solutions. Problem-solving involves finding creative solutions to challenges, while client consultation helps gather information about clients’ tastes, budget, and functional requirements. Compliance with building codes, safety regulations, and accessibility standards is crucial for the well-being of occupants and the success of the project.
Does interior design have a future?
In 2024, the interior design career offers a diverse range of opportunities, including furniture, exhibition design, lighting, kitchen design, and architecture. This blog explores the appeal of interior design careers, including the salary of interior designers in India, the roles and responsibilities of an interior designer, the future of interior design, the scope of interior design in India, and the potential earnings of interior designers. It also discusses the future of interior design in India and the potential for success in this field.
Does interior design add value to a home?
Investing in quality interior design services can significantly increase property value and resale potential. Interior designers bring their expertise to create functional and beautiful spaces, which can enhance mood, productivity, and overall satisfaction. A well-designed space can enhance overall quality of life, making it essential to contact an experienced interior design firm to realize the full potential of your space for personal enjoyment and financial gain.
Jenna Bond, a seasoned writer and passionate advocate for interior and architectural design, has established herself as a leading authority in the field. As a dedicated writer for Stewart-Schäfer, Jenna has crafted informative and inspiring content that caters to the needs and interests of design enthusiasts and professionals alike. Her articles, filled with expert insights and creative ideas, have become essential reading for those seeking to elevate their understanding of interior and architectural design.
Is it worth getting an interior designer?
Hiring a professional Interior Designer can greatly benefit anyone looking to renovate or decorate their living space. They have a trained eye for design and can help create a functional and aesthetically pleasing space. They can see the bigger picture while focusing on the smallest detail, ensuring a cohesive design. They can help select the right color schemes, fabrics, furniture, and accessories to create the desired look and feel. Designers are handpicked to you, considering your style, vision, and existing pieces to create a beautiful, unique interior design piece.
📹 6 Highest ROI Home Improvements That ADD VALUE
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Great vlog Julie. We did a major renovation of our home almost 5 yrs ago. Kitchen, bathrooms all remodelled as well as a double storey extension. Appliance wise we went for Gaggenau which we have been really pleased with. It’s worth spending a bit extra to get the best quality fixtures and fittings as that’s what a potential buyer would be looking at. One thing I would recommend is future proofing your home. The budget would not allow us to make all the changes we wanted to at the time but laying network and power cable under the patio area meant that we could build a garden room and add exterior lighting at a later date which we did last year. Regarding garage doors we had a perfectly good electric roller door which we had sprayed to match our new windows. A fraction of the cost of a new door. Plan to buy your bathroom suite and tiles in advance when you know places like porcelanosa have sales in July and October. These can be stored/ delivered nearer the time.
Always a pleasure to listen to your informed and wise insights, Julie. You’re wonderful. ❤ I especially appreciated the costing and detailed lists; gives me more motivation to complete as much DIY as possible, do a great job and feel proud of my home. So far we have repaired and updated our deck and balcony, and the garden stops most passersby with compliments, including wee children! We won’t know how this affects our resale for many years but we LOVE our house!! Thank you!
Julie- I would also include new windows & doors. I live in Florida in a 1300 sq ft mid century concrete block home built in 1958. The windows & doors were original & not energy efficient or hurricane safe. 16 windows later I spent around $500 per window with installation since I had over 12 windows plus got as grant as a 1st time home buyer in Florida in a home built before 1970. Plus choosing a new secure front & back door was a wise investment. It not only gave me peace of mind but add to the curb appeal & overall aesthetics of the home.
Julie this is my all time favorite article of yours! Excellent advice. One manufacture you did not mention in regards to the kitchen for stoves, ovens, fridges is JADE manufactured right here in Brea. I’ve mentioned to you that Wolfgang Puck assisted me in designing my kitchen, he mentioned that brand was used in restaurants as well. Martha Stewart even mentioned in a article she loves her JADE stove. The highlight of the house I’m currently in is that it has no grass. Landscaped with plants, trees, flowers, plants and concrete. Thank you again for sharing your knowledge.❤
Hi Julie! I live in a house built in 1923. The best advice I can give is to live in the house a bit to get to know it and what changes you want to make. Unless you need to update for safety or some immediate need. Once you get to know the flow of a house it’s easier to know what you want to do. We did an addition and two bathroom renovations and a kitchen reno and installed central air system but kept steam heating bc it’s so healthy. I knew what I wanted bc I would sit in the rooms and study them. I agree appliances are very important but as with all tech can become outdated quickly so I buy them with the mindset they don’t stay long. Exterior painting is a big job if you have wood siding. Choose your colors wisely and put samples on the house to test the color in daylight. I agree about a new garage door. I think it can update the look of a garage. I’m thinking the natural wood colored ones are what I want. I like natural stone but opted for solid surface in all the renovations for easy cleaning and bc solid surface is non porous and it can be coved so there are no counter top seams. Great tips as usual! You look terrific ! 🥰🤗
Great episode. I liked your comentary having to do with the home’s interior. Please note, trees do use water but are the #1 thing you can do in your landscaping to lower the temperature of the surrounding area. This allows you to save money on air conditioning and landscape watering. The goal of low-water gardening is to increase water sinks and decrease heat sinks. Even with the drought, water districts in CA have been reminding people to water their trees. While fake grass is a heat sink, it raises the temperature in the area, they are ant magnets, and when it rains, they are not good at letting water percolate down to the water table. A better alternative to fake grass is native grass, which can be bought as sod. Native grass only needs to be mowed in the spring and fall, if you want it to be lush green it only needs to be watered once a month. It’s a much healthier and cooler (as opposed to being a heat sink) option for yards.
Sold my house in NorCal last Feb in 3 days because we did a lot of these updates. The drought tolerant backyard was a huge success with the potential buyers and worth the $5k! I will also add that making sure everything is in good working order as far as electrical and plumbing is very important too. Regular maintenance is key in homeownership that a lot of people seem to not do. We bought a different home in Northern Georgia and it has quite a bit of work to do on it. A lot of it is because the yearly maintenance wasn’t done. I have a checklist that I use for each season to stay on top of that and I keep my invoices for when things are serviced so that when it comes time to sell, buyers can see what has been done. Great advice Julie and love your helpful articles!!
The second half of these didn’t really apply to me as I am in a condo so no garage, no exterior painting, no landscaping, and I can’t replace the HVAC as it’s part of a larger system and the HOA covers repairs. I need to update the appliances, bathroom vanities, and bathroom tile. I am considering getting the walls skim-coated as I love really smooth walls and hate the bumpy cottage cheese texture they currently have. I think it is highly luxurious to have super smooth walls.
I really need help, open floor plan with a corner fireplace? when i walk in the from door you will see on the farthest wall the corner fireplace. I would like to do the two chairs two ottoman and sofa and live set . mind you it’s long but not long enough to use a entry table as would be in oath of hallway- kitchen and dining as you look threw from door off to the left kitchen the dining room. I’m lost at what ti do.
Of course I loved the article! Previously lived in So. Cal. therefore can relate. Also now live in a mid-century home and I spent $7k upon first purchase to upgrade the HVAC as there was none. Kind of important. The Attic and basement, stuff I could skip too, but good info for all the rest. That was so informative. I upgraded my appliances all but the dishwasher because it is working fine and was already upgraded. Really appreciated that you told all about the appliances and spot on correct or I agree with the name brands. I got a double convection oven because the old one was original to the house so I found one that fit the space perfectly and works so well. I use my oven a great deal as I do enjoy cooking. Julie you are the best!
Loved the article Julie. We have been in our home for 20 years and redid everything when we moved in. Now we are retired and doing everything with aging in mind such as composite deck, vinyl fence, windows, doors, roof, yard drainage etc. We plan to age in place but do not have a bed or bath on the main floor and that is my biggest concern. We have a 1975 tri-level. Seven steps up and seven steps down.Could you do a article which addresses aging in place or how much cost it is to add a bed and bath on the main floor
We decided to do windows and wood floors first. These items will no need to be touch for decades. Then came the metal roof, again, no need to think about replacement in our lifetime. Main entrance followed due to water intrusion; garage doors due to small accident, front landscape with hardscape, lighting and mature plants … the curve appeal just skyrocketed. I consider our lifestyle to include constant improvements to the house, from small projects to bigger ones. However, our kitchen and bathrooms remain untouched because they are highly functional and in good shape. Next is A/C and flooring in the attic. Every year we love to budget and select what project(s) will be tackled next.
Oh goodness… I have all different types of appliances. Not on purpose, but because one would go out, and then a few months later, I would have problems with another. I had to get what was affordable at the time. I hope different appliance names don’t affect this. At least there all the same color? Does anyone know if this hurts?
We just replaced our garage door. An 8ft. Tall by 16 ft. 2 car garage door cost $3,600.00. In my region it is a mid-range quality door with windows and a textured surface(very pretty). It is a metal door with insulation(9 R value)and an interior finished metal lining(look at my picture). We purchased new stainless steel appliances and a new Central Air conditioning unit $6,000. We replaced out exterior entry doors too(did it ourselves–insulated painted metal doors–cost $350.00 for the back door and $750 for main entry door–. The roof was replaced around 10 years ago. The furnace is newer too. Yes we did upgrade our landscaping. And we upgraded our kitchen and bathrooms. This was for us as we are here for the long haul. You are spot on for items that increase value. The garage door has great curb appeal. We also crawled around in the attic and added insulation and we insulated the basement too. So it is comfy in the Winter and Summer.
This is a good list. Generally speaking, kitchens and bathrooms sell houses. The most important thing a homeowner should do when selling is to repair or replace what needs to be repaired or replaced – and do it right. If a door handle doesn’t work properly, it tends to give the impression that there are other issues with the house. One thing I’d add to your kitchen appliance segment would be to color match them. Most buyers don’t want to see a harvest gold dishwasher in a kitchen where the other appliances are black (full disclosure: my kitchen is that way because I don’t use my dishwasher – but I’m going to get a new one soon – and get in the habit of using it once a week or so). It’s also very important to avoid the tendency to over-improve one’s home. Simply bring it as close to the neighborhood standards as one’s budget allows. Generally speaking, the market tends to severely punish sellers if their houses aren’t up to snuff, and usually doesn’t reward them for over-improving them.
I am remodeling my original 1982 kitchen and this article was really helpful thank you! The kitchen was so outdated I had to start over. Electrical to add a dishwasher and garbage disposal and move the fridge to another wall was about $2000 (also updated the receptacles). We are going with RTA cabinets and building them ourselves. They totaled about $6000 for everything including trim. We are making butcher block countertops ourselves and we will save to build an island next year. We found a Labor Day sale for all new Samsung appliances and got the range,dishwasher, microwave and fridge for about $3500. All in with doing tons of our own work like drywall and cabinets/counters is saving us so much money we are going to be able to build an entirely new kitchen for under $20,000. I live in Northern California and our house was bought last year for $400,000.
I just redid a very small bathroom for safety reasons. No plumbing was moved, the tub/shower combo was replaced with a six piece walk-in shower kit with a short threshold which I had already purchased. I reused the vanity and toilet, and had the laminate snap together wood plank flooring on hand which was placed over the tile. My additions were to replace the builder grade mirror with a recessed medicine cabinet which I had already purchased, and to add in-floor heating in a 6’ x 6’6″ area. I’m in Virginia and it cost me about $15,000 just for the install! Neither the ceiling nor the woodwork was painted, and the walls in the 6’ x 6’6″ area ( the entire space besides the shower unit) were painted the wrong color! No towel bars, or shelving were put up. Either I was big time ripped off (very likely as I had to pay someone else to fix some walls and flooring issues!), or the idea that California is super expensive and I CAN move there as I’ve dreamed of, is worth serious consideration!🫤🤗
at this time, some states are offering a rebate if you switch from gas to electric, b/c of the pollution gas stoves emit. i had gas for years, but just switched to induction, which many chefs love. ranges with flat cooking surfaces are sooooo much easier to clean. anytime i do a renovation, i always keep in mind whether it will add or take away from my home’s value. love all of your examples!
I just replaced HVACs in my home. Needed three systems. I installed the most efficient, and that cost $40,000. Upgraded outside front and backyard cost $85,000. Everything is relative depending on where you live. Quality of materials and expert services are expensive. However, I love everything I invested in.
Thank you Julie for your weekly articles which are super helpful. For my new construction townhome in northern Virginia, the first level has a game room which can be turned into a 4th bedroom and bathroom later. I opted to just do the plumbing rough-in for now to add a bathroom later, but am not sure about doing a bedroom there. The space will have the same wood flooring as the rest of the home from day 1. Do you think it would make a huge difference for resale value later if I put up drywall and bathroom fixtures to finish out a 4th bedroom and bathroom?
We had just over an acre in ALASKA. The house a modest little ranch but we updated the bedroom floors, the appliances, the exterior paint and majorly, we put in a yard where it had been just forest. The yard cost us 15 grand (family deal from a friend). It was a half acre of grass in the middle with garden boxes on one side and a big pine in the middle. All around the outside edge we had a gravel road and beyond that was the birch and spruce forest. I planted bulbs and wildflowers at the edge of the forest and, in the spring, we would watch the hares come out to eat dandelions and tulips. The moose always ate my garden boxes clean but they left the gladiolus and peonies along the back of the house. We also put in a little path through the woodsy side of the house. Added 100 grand in value to the home at selling
Thank you for your articles. It is very helpful with luxurious ideas. We are currently doing alot of DIYs ourselves for kitchen and bathroom to cut cost. Wainscotting bathroom walls and painted kitchen cabinets. 1960’s home. Upgraded appliances with LG and Kennmore. There is always something to update at our old house.
Thank you Julie, you are dead on, we sold our home of 27 years and move to another town in Colorado, and we did that, and now we are working on the same items in the new house is south west Colorado, I show your article to my husband and he was impressed how correct you were in all points. Love your articles, great information as always. Cheers
Thanks, Julie! You have confirmed I’ve made good choices since moving into my 1979 home 3 years ago. First was new HVAC, second was kitchen appliances, and third was hardwood floors throughout. Previous owner had completely updated/remodeled kitchen and baths and lighting. Landscaping is ongoing. I always learn something new from your articles!