Your home reflects you – as you change and grow, it should grow with you. The start of a new year is a prime time for making changes, and updating your space is a great place to begin.

One of the most crucial steps in any home project is determining a budget and staying on track. Read on for our insights into where to splurge and save on your new year updates.

The Ritz-Carlton DeckHouse kitchen.

Splurge on Your Kitchen

“The kitchen is the heart of most homes, used to cook meals, catch up with friends and host family events, so it should make your activities enjoyable and stress-free,” IDG Interior Designer Nicole Brown says.

“Consider splurging on durable, high-quality materials, such as quartz, that will hold up to spills and extensive use, and investing in custom cabinetry, including blind corner accessories, spice racks, and pantry drawers to optimize your storage space and save you time.”

High-quality flooring in Cypress Pointe.

Invest in Durable Flooring

Dirty shoes, dropped items, the pitter-patter of pets and children – your floors take a beating on the daily! Splurging on materials like porcelain or luxury vinyl will save you time and money because it is low maintenance and more resistant to scratches and dents. Spending a little extra upfront will eliminate the hassles of replacing flooring down the line.

Ample bathroom storage at the Britannia Residences.

Spend on Storage

Although we all start the new year with the intention of living a minimalist lifestyle and cleansing our spaces, we inevitably accumulate items throughout the year. Spending extra on storage for goods such as shoes, linens, toys, and clothes will help reduce clutter and make you feel more relaxed at home.

White kitchen backsplash in Stone Island.

Save on Timeless Tiles

“We have all gone down the Pinterest rabbit hole and found terrific and intricate tile layouts that are on-trend. But kitchen backsplashes and bathroom shower tiles are a great place to save when updating your home,” IDG Interior Designer Nicole Brown says.

“Many suitable-quality tiles are budget-friendly to fit every style of home. Replacing tiles can be a massive project, and choosing classic over trendy will ensure you won’t have to for years to come. A simple yet elegant porcelain tile will give a clean, fresh look that will last without eating up your budget.”

The elegant bathroom at the Ritz-Carlton DeckHouse.

Keep Your Existing Plumbing Locations in Place

A great way to save when you are changing the layout of your home and removing walls is to keep existing plumbing locations, such as your bath and kitchen sink. Moving plumbing fixtures is a big undertaking and can become expensive quickly, so if it’s not necessary to move them, leave them. Instead, use the saved money for beautiful new finishes to completely transform the surroundings without breaking the bank.

Classic interior doors at Solara.

Refresh Your Doors

Unless the doors of your home are damaged beyond repair, you will be surprised at how a fresh coat of paint and new hardware can bring them back to life. So have your doors refinished and painted, and then if there is room in the budget, replace the handles to update the style.

Let IDG’s award-winning team help you get the most out of your budget. Read more about IDG’s services or book a complimentary consultation today.

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