Sometimes the look of luxury is merely in the details and not the price tag. Ok, not completely, but you can give your home and furnishing a more luxurious look by paying attention to the details and stealing, I mean, learning from the design pros.
In this article, you see how a noted designer uses a few simple tricks to add those rich details that really add to a home's decor. I especially like the slipcover cushions in contrasting colors, the lamp shade trim, and new table top ideas.
Read it all here and try a few tips yourself.
[Editor Note: Photo is from photographer Eric Roth.]

The room looks great. I really like the supports that hold the wood. Very cape codesk.
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I agree with you, being luxurious is not necessarily means all are expensive.
Mitch
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