If you’re redecorating, you’re probably conscious of sticking to a budget. The trick is prioritising where to splash and where to save.
When it comes to renovating or buying new home furnishings, it’s essential to distribute your hard-earned cash wisely. The key is picking items of quality that you’ll be able to keep with you for a long time – regardless of whether or not you move or your tastes change.
Here are some timeless pieces that deserve a few extra dollars in your budget. Investing in these items will not only enhance the aesthetic appeal of your space but also provide long-term functionality and durability.
The Perfect Lounge
A lounge is the hero piece in any living room and is truly an investment. The right lounge needs to be functional, not just aesthetic, ticking all the boxes – the right size, comfort level, and look.
A lounge like Jasper II from King can be customised in terms of size, shape, colour, and comfort. Its modular components can be configured to suit any space, changing seamlessly into numerous configurations that include storage and shelving.
The Jasper II is the kind of couch you can sink your money – and then yourself – into. Picture: King
This flexibility is ideal long-term, as the lounge can adapt to your changing lifestyle. So, when you move, the couch can definitely come with you. Remember, don’t play to trends; consider a lounge that comes in a neutral colour palette, ensuring it will last the test of time.
Artworks
With plenty of inexpensive, mass-produced wall art available, people tend to forget that a quality artwork is actually an investment. Buying from a reputable gallery means your work may appreciate in value, and even if this isn’t a guarantee, there are clear pathways to resell a reputable artwork down the track.
Buying art can be an investment if you know where to look. Picture: Pexels
The only downside is that you have to be willing to fork out the initial cost, which is likely to be at least $3000-$10,000. However, buying from a reputable small gallery, like Michael Reid in Sydney or Anna Schwarz Gallery in Melbourne, is a good place to start. You can also take advantage of schemes like Art Money, which provides interest-free loans to support the art industry.
A Large Rug
The best items to invest in are ones that serve both a functional and aesthetic purpose. Rugs, for instance, help insulate rooms or protect flooring but can also add a bit of flare and interest to your space with exciting colours, patterns, or textures.
A good quality rug can last many years. Picture: King
Rugs can be quite expensive, especially if you’re opting for a hand-woven piece or woollen fabric. However, a good quality rug like the King Rug Collection can stay with you for 20 years or more if you treat it properly, making it worth the investment.
A Statement Chair
If your living area or bedroom calls for an armchair, feel free to get a little creative with form or colour. This piece can easily be a decorative accent as well as a comfy spot to sit. The Tub Chair, for example, offers an elegant style and doesn’t occupy a lot of space.
The Tub Chair is both stylish and comfortable. Picture: King
Feel free to experiment with materials too. For instance, if you love Hamptons style, you can explore this via an armchair without having your entire living suite made of rattan. Similarly, you may not want a large velvet couch, but a couple of armchairs in this lush fabric will add an edge without being overwhelming.
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