From the time I started this closet conversion I wanted to calculate the cost so I kept all the receipts to review later. Well, later is now. Really, I think we did pretty good. I had been looking at items like this from Ikea or this system from at Michaels and the benefits would have been that I could take them with me when we're gone and who knows, one day that might be what I have. Though neither would have given me exactly what I wanted. But for now, this really worked for us for many reasons. I wanted a permanent space (nails make it permanent), I wanted a large space, we wanted to save money and Jason wanted a project!
So here is the rundown of the costs. We had the nails, screws, and green paint left over from various other projects.
$ 25.00 - white board. used for desk and one shelf.
$ 14.35 - trim for around peg board. 25.17 ft @ $.57/ft
$ 7.42 - 3/4 in. square trim. 13.25 ft @ $.56/ft
$ 12.48 - primed baseboard. 2 @ $6.25 each
$ 2.94 - brown paint. Use sample size in exact color as wall.
$ 7.50 - pegboard. Whole board was $15.22, used half for this project.