Livermore, Pleasanton, Danville, Short Sale Specialist

Bedroom: $500

What’s the best thing about staying in a fancy hotel? A bed that makes you feel like royalty. “Most people are attracted to the sumptuousness of a hotel bed and want to bring that feeling into their own bedroom,” Hobbs says.

The key to re-creating that luxe hotel effect for an instant boudoir upgrade: Surround yourself in down. You can get a thick duvet insert for about $150 and a high-end featherbed for about $175. With the remainder of your budget, splurge on some lavish, high-thread-count sheets.

And while we’re on the topic, here’s Hobbs’ secret to a perfectly dressed bed: Skip the fitted sheet in lieu of a larger flat sheet. So if you’re outfitting a queen-sized bed, tuck and fold a king-sized flat sheet over the featherbed and mattress for a custom fit.

Got some money left in your budget? The bedroom is an excellent place to experiment with dramatic lighting, so consider installing a simple, hanging light fixture over your bed, says Nicole Gibbons, an interior designer who appears on OWN’s Home Made Simple.

Slide show: 
Worst home fixes for the money

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