Home sales have remained strong in recent years, with over 5.6 million in 2020. Of course, purchasing a home is often just the first step in a long process that involves securing utility services, remodeling, decorating, and furnishing the home.
Yes, most people will bring some of their old belonging with them, but many also plan on buying furniture for some or even all of the rooms. That leaves many potential homebuyers wondering how much it will cost to furnish a home.
If you’re in the group, keep reading. Our guide will cover key factors that influence the cost, as well as the average cost for furnishing a home.
Your home’s size is one critical factor in the overall cost of furnishing your home. A two-bedroom, one-bath, 1400 square foot home will cost substantially less than a four-bedroom, two-bath, 2800 square foot home. Even if you look for inexpensive furniture, extra rooms drive up the cost.
If you want to decorate your home in a particular style, that also can affect the overall price you pay. For example, let’s say that you love the style of the Art Deco period. Finding vintage pieces from that period can cost you an arm and a leg.
Even if you aim for saving on furniture with replicas, those will often cost more than contemporary versions of the same furniture. Demand is typically lower for those kinds of replicas, which means much smaller, more expensive production runs. That drives prices up.
Sometimes, you have particular preferences in terms of furniture styles, but you can’t find exactly what you need. That means commissioning a custom piece.
Custom furniture builds are extremely expensive because a comparatively small number of people make custom furniture to order. It’s a skill, and they generally charge a premium for it.
Saving on Furniture
Saving on furniture isn’t always easy, but you can find ways. You can do your shopping in late summer or late winter when stores want to offload older inventory.
You can search online furniture outlets for deals. You can head over here to find out more. You can also buy inexpensive furniture first, and upgrade over time.
Average Cost to Furnish a Home
Unfortunately, all of the variables that can affect the cost also make it next to impossible to arrive at a general average. Costs can range from $10,000 to $60,000 and up, depending on your home and preferences.
Furnishing Your Home
The cost to furnish a home depends a lot on your choices and budget.
You can trim costs by taking a 100 percent DIY approach in which you choose every piece of furniture. You can often get assemble-it-yourself furniture that costs less than pre-assembled furniture. You can shop sales or even consider secondhand furniture if it fits your style.
It often helps if you establish a budget at the outset, so you know what you have to work with as you go.
Looking for more home tips? Check out the posts in our Home Improvement category.