The price of furniture can vary a lot depending on the type of furniture you buy and where you buy it from. Some people spend over $2000 on a new sofa, while others spend less than $200. Whether you should spend a lot or a little depends on various factors. This post helps to offer a guide on when to spend more and when to spend less.
When to spend more…
If you’re furnishing your forever home and you’re looking for furniture that will last, you’re better off spending a little extra. High-quality furniture comes at a higher price tag. Anything under $500 is likely to use low quality composite woods and varnishes that may only last for a few years, whereas more expensive furniture can last decades.
If you’re looking for statement furniture, you’ll also want to spend more. Cheap furniture can be quite generic. More premium furniture stores like Anima Domus will have a much more exciting range of designs.
You should also be prepared to pay more for custom furniture. The likes of custom corner sofas and fitted wardrobes typically cost more than off-the-shelf versions because they’re not as easy to manufacture.
Hand-crafted is also more expensive. If you don’t want something that has been made in a factory by machines, you’ll need to pay more for the craftsmanship.
Antique furniture also comes at a higher price, providing that it’s in good condition. You should be wary of cheap antique furniture that is in good condition as it may be fake.
In many cases, more expensive furniture will need to be bought on finance. Make sure that you’re willing to take on this extra debt and that your credit score is decent enough that you’re likely to get approved.
When to spend less…
If you’re on a tight budget and don’t want to take out finance, you’ll have no choice but to opt for cheaper furniture. Such furniture is typically lower quality, although quality may be better with certain brands. Discounted furniture is often a great way to spend less on good quality furniture.
Such furniture is popular among those looking to furnish their first home. Flat-pack furniture can typically save you money on delivery and can be very convenient if you’re living in an apartment with narrow access.
You can also pick up furniture cheaply second-hand. Some cheap second-hand furniture may be better quality than brand new furniture of the same price, although it’s important that you thoroughly inspect the condition before buying. There are charities that specialise in selling used furniture in fairly good condition for a cheap price. Alternatively, you can but from local private sellers on sites like Facebook and Craigslist.
If you’re buying furniture that you know you’re only going to use temporarily, or buying furniture that won’t get used too often (such as a bed for a guest bedroom), it may make sense to buy something cheap. There’s no point spending a huge amount of money on furniture that is rarely going to get use.
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