When it comes to redecorating or renovating your home, buying some new furniture or updating the fixtures and fittings will undoubtedly yield favourable results. However, the problem with flat-pack wardrobes and cheap coffee tables is that they will soon go out of style and aren’t exactly the best quality.
Therefore, more and more people are starting to purchase “investment pieces” of furniture, which will stand the test of time, add value to the property and look just as good in 20 years time.
But if you’re unsure about what you should be buying and which areas of your home to focus on, here are some decorative and potentially profitable furniture investments.
Chairs and sofas
If you tend to spend a lot of time watching TV, reading books or simply relaxing at home, then it might be worth buying a classically designed chair or an iconic looking sofa. The whole look and feel of a room often revolves around the suite, so you may need to adjust other details too. But in the end you’ll be rewarded with a piece of furniture that never goes out of style.
Fireplaces are incredibly desirable and if you make this the focal point of your home, the property’s decorative and monetary value will increase. Wall hung fires are another great option, as they’re sleek and sophisticated, very versatile, easily manageable, and thoroughly modern. What’s more, they can be placed almost anywhere, as wall hung fires don’t require a chimney.
Desks and dining tables
Because of the different varieties of desk available, they can fit nearly every budget. Bedside tables can be extremely ornate while solid oak desks are forever fashionable. Dining tables also have the power to overhaul an interior space, but you’ll need to keep these items of furniture in good condition, as damage can seriously affect value.
This could be a bit risky if you don’t know much about art, but there are several books, guides and resources on how to purchase a piece of work with the potential to make money. In addition to fitting in with your home’s aesthetic, the painting or sculpture should evoke positive feelings and strong emotions. After all, you’ll be looking at it on a daily basis.
So, if you’re thinking about redecorating or renovating your home in the near future, avoid purchasing from a catalogue or the local furniture warehouse. Instead, seek out some classical or contemporary examples of enduring style, which look great in your home, but also act as an investment.
Image by sparklerawk used under the Creative Commons license.
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