Did you know that the furniture industry is expected to be worth over $785 billion within the next 5 years?
If you’re thinking about furnishing a home soon, you might be wondering how much money you should set aside to get the job done.
What is the average cost of furniture for a house exactly? Keep reading to learn about 5 factors that will influence your expenses.
1. The Size of Your House
As a general rule of thumb, you can expect to pay between $100 and $150 per square foot to furnish a modest home. This means that the larger your home is, the more space you’ll have to fill up. One strategy to help with your budget is to cover big-ticket essentials like couches, beds, and wardrobes first, then save up for the smaller items that will fill the room up like coffee tables, bookshelves, and rugs.
2. Buying Furniture That’s New or Used
Furniture prices can vary a lot when you look at both new and used pieces. If you’re not opposed to buying gently-used furniture, you can score incredible deals to keep your final price tag low. You can also scout clearance sections to see if there are any irresistible deals there.
3. Your Unique Taste
We all have our own tastes, and some people prefer the finer things in life. Anyone who wants to have marble coffee tables, genuine leather couches, and ebony nightstands can expect to pay extra for these luxury materials. While you may be tempted to find the cheapest furniture possible, keep in mind that quality matters because it’ll be expensive to keep replacing broken pieces.
4. Which Stores You Browse
Every furniture supplier sets different prices. It’s not uncommon to find big changes that can lead to spending hundreds of dollars extra for the same item that can be found elsewhere cheaper. This is why it’s worth taking the time to do your research if you fall in love with a piece to ensure that you can’t find it elsewhere for a better price.
5. How It’s Delivered
Do you want to enjoy the convenience of having all of your furniture delivered to each room properly assembled? If you want to save money, you can pick up your items at the store or even buy pieces that you can assemble at home. Since there are so many options companies have for selling furniture, you need to ask yourself how much work you’re willing to put in to keep your costs low.
Now You Know the Average Cost of Furniture for a House
Learning about the average cost of furniture for a house can give you a better idea of how much you should save and which prices are fair. If you keep these factors in mind while you shop, then you’ll have a much easier time decorating your dream home.
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