India, Sept. 30 -- The festive season can make any homeowner want to renovate their home. But a festive makeover doesn't always mean spending a lot on home decor. The desire may go from upgrading a kitchen or wardrobe to adding new furniture, lighting or decor; homeowners may find themselves considering several purchases at once. But when the makeover involves multiple expenses, deciding where to spend more and where to save can become just as important as choosing what to buy.

According to Kota Rajasekar, CFO of MagickHome, a sensible home makeover budget is not necessarily about spending the least. Instead, homeowners should understand what they are paying for, how frequently they will use a product and how long it is expected to last....