When embarking on a large interior design project, it’s essential for clients to differentiate between the fees associated with hiring an interior designer and the actual construction costs. The two are interconnected yet distinct, impacting the overall budget and project outcome in different ways.
Interior Design Fees
Interior design fees primarily encompass the cost of the designer’s time, expertise, and services provided throughout the project. These fee structures can vary; at Amy Horany Interiors, we offer an hourly rate, fixed bid, or monthly retainer. Services included in these fees may range from initial concept development and space planning to material selection and project management. Our clients can expect Amy to devote significant effort towards their vision, translating practicalities into an appealing design.
Construction Costs
On the other hand, construction costs refer to the tangible expenses incurred to physically execute the design plans. This includes materials, labor, and installation costs associated with renovations, additions or new builds. It’s crucial to recognize that these costs can vary significantly based on project complexity, material choices, and any required structural changes. For instance, a simple furniture rearrangement would incur minimal costs, while a full-scale remodel involving demolition, plumbing, or electrical upgrades can escalate quickly. Our clients should anticipate that construction costs will often exceed the design fees, especially if extensive design and construction work is involved.
At Amy Horany Interiors, we also offer client/contractor consultations, which sets time aside to specifically work hand-in-hand with the homeowner and the contractor they’ve selected for the project. We work closely with the contractors (and their subs) to ensure our vision is being brought to life properly and efficiently.
Budgeting for Both
When planning financially for a large interior design scope of work, clients should create a comprehensive budget that accounts for both design fees and construction costs. By maintaining transparent communication with both the designer and contractor/builder, our clients can better understand the relationship between these aspects and better avoid any unexpected expenses. We also recommend allocating funds for potential contingencies in construction costs, as unforeseen challenges can arise during a project.
Ultimately, understanding the distinction between interior design fees and construction costs helps clients make informed decisions. Sharing your overall budget with your designer is key. Also, by having an open line of communication with your designer regarding the contractor/material bids, this allows us to adjust our material and design recommendations in order to stay within our client’s budget.
As always, collaboration with a qualified interior designer can provide invaluable guidance throughout this journey, allowing for a carefully curated and efficiently executed project. To launch your next interior design project, be sure to reach out today to book your first consultation.
