Spending more time at home has given many of us the opportunity to change and refresh our homes or to fix any faults, and this includes taking on interior design projects.
Interior design can range from a deep clean, a decluttering and a lick of paint to remodelling rooms, updating wall coverings, bringing in new furnishings and much more. Starting with a budget can help define the scope of what you can achieve, and how you can get the best value for your money.
Decluttering is a cheap first step
Sally Flower, a KonMari practitioner trained by Marie Kondo, says that if you’re selling a property, decluttering is the best place to start. “It’s one of the smartest things you can do, both for the costs of transportation [to a new home] and the invaluable improvement at the inspection,” she says.
And whether you’re ready to sell or not, it’s a good tip for when you’re thinking about improving the value of a property.
According to Flower, the first thing to do before embarking on your new project is to work out your idea of design. “Understand what your palette is, what talks to you. You can get really lost if you walk into a space, even Kmart, and be caught up in what’s being sold to you,” she says.
“Before you purchase anything for your home, declutter anything that isn’t talking to you and that is not making your home feel like where you are in life right now.”
This story is from the July 2020 edition of Money Magazine Australia.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the July 2020 edition of Money Magazine Australia.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
An outrageous, beautiful monopoly
Telstra's mobile business is a cash machine with few competitors, giving it the highest returns in the world.
Drop the anchor to judge value
Buying and selling decisions should be based on where a stock price is going, not where it has been.
Powering the AI boom
Beyond the software and chipmakers, where will the energy come from?
Get into life
Tucked inside super are products that can protect you from life's inevitable uncertainties.
Paths to home ownership
Taking the road less travelled can sometimes deliver unexpected benefits.
Sold! Quick ways to add value
Small, strategic changes can have a big impact on the look and feel of your home. And get you a better price on auction day.
Money lessons the kids need to know
Your children can learn a lot from your past money mishaps. Here are eight financial conversations I have had with mine.
Property-investing rules: are they likely to change?
The pressure for the government to curb the tax benefits of tax concessions, such as negative gearing and the capital gains tax discount, is unrelenting. Most recently, independent senators David Pocock and Jacqui Lambie proposed five options for paring back investment property tax concessions, with savings to the Federal budget of up to $60 billion over the next decade.
What's love got to do with it?
A rollercoaster of emotions could be driving poor crypto behaviour.
Are we ready to be cash-free?
Saying goodbye to our piggy banks too soon could leave small businesses in the dark when problems arise.