If you follow the plan here and use basic hardware and a few nice pine boards, you should be able to bring this project in on a fairly small budget. Note that the plan is for the canopy: it doesn't include a headboard or footboard. This is a traditional scrolled design with a crown molding to cap off the top. The joinery involves miter cuts, nails, glue, a couple of rabbets and grooves, some edge-forming with a router and a little scroll or saber saw work.

Bedroom

Approx: Queen size, 82'' tall