Designing a beautiful home doesn’t require an unlimited budget or an abundance of expensive, designer pieces. To help you get the sumptuous look you love (without breaking the bank), featured here are budget-friendly home decorating tips for creating a luxurious looking home, including inexpensive, durable flooring options and quality wallpapers at a fraction of the cost.

Budget-Friendly Home Decorating Tips

Flooring Options:

When decorating your home, some of the most costly investments you’ll make will be in flooring. Since hardwood floors can become expensive, consider installing alternative types of floors, such as carpeting or laminate.

Laminate Floors:

Unlike the garish vinyl flooring of the 1970s, laminate floors have evolved into a more modern, attractive type of flooring. In addition, these durable, inexpensive floors are easy to install and clean, able to withstand years of treading on them, and visually emulate the appearance of more expensive floors.

Ranging from laminate wood planks (that look like hardwood floors) to laminate tile and stone (that have an upscale resort or spa look), opting for laminate flooring is certainly one of the best budget-friendly home decorating tips you can consider. Laminate flooring is ideal for high-tread areas, such as kitchens, bathrooms, and living rooms.

Carpets:

For a more plush, cozy feel (especially in bedrooms and living rooms), carpet is a great way to go. After measuring the space you plan on installing carpet in, consider buying a remnant, which is less expensive, as it’s the unused portion from a larger job.

For extra durability (especially in areas that get a lot of abuse, such as hallways and staircases), berber carpet is a good option. “Many berbers are made from olefin (also known as polypropylene) fiber. Olefin is much less costly than other fibers such as nylon or wool. It is also less resilient, which is why it is most often found in looped styles such as berber and commercial carpets, which offer increased durability.” [Source: RugsandCarpets.com]

Wall Coverings:

Paint:

The least expensive and easiest way to update and refresh the look of a room is to paint it. However, if you’re desiring or more upscale, luxurious look for your home, then you should definitely consider wallpaper.

Wallpaper:

Instead of opting for deluxe wallpaper made from silk, you can order a vinyl wallpaper from a discounted wallpaper retailer. You’ll need to hire a professional wallpaper hanger or follow a tutorial on how to install wallpaper yourself. But, once the job is done, the wallpaper will vastly improve the overall appearance of your space and look great for years to come.

Crown Moulding:

A fast, budget-friendly way to up the luxe-factor of any home is to add crown moulding to the ceilings.

“Crown molding encapsulates a large family of moldings which are designed to gracefully flare out to a finished top edge. Crown molding is generally used for capping walls, pilasters, and cabinets, and is used extensively in the creation of interior and exterior cornice assemblies and door and window hoods.” [Source: Wikipedia]

This instantly turns an ordinary room into a luxurious space. Created from painted wood, this ornamental accent is installed (connecting the ceiling with the walls) to add an elegant visual element to any room. Crown mouldings range from simple designs to elaborate, ornate designs.

Now that you’ve learned these budget-friendly home decorating tips, you can easily and affordably update the look of your home this year. For more decorating tips and ideas, check out the Inspirations & Celebrations’ home decorating section.

For more fab tips, pics and videos, follow Inspirations & Celebrations on Google+, Facebook, Instagram, Pinterest, YouTube and Twitter.

[Main image credit: Shutterstock. Affiliate links included.]