Also, as you're planning, remember to budget for a crib mattress (sold separately). Keep in mind that the conversion kits are often sold separately.
It can transition with your child from infancy through the toddler years - and potentially into preschool and beyond - since it can convert from a baby crib to a toddler bed, a daybed or a full-size bed's headboard and footboard. That means that when you're setting up your nursery, you'll definitely want to invest in a piece of furniture that's safe, well constructed and aesthetically pleasing, and a convertible crib is a great option.
As an infant, your child will hopefully spend at least half the day inside one of the best cribs on the market (lots of development happens during sleep!).