Making modifications to a house so that it seems completely personal is one of the most satisfying aspects of homeownership. Renovations can have a significant impact on how we live at home, whether you’re rebuilding your bathroom, adding a fence, or replacing your HVAC or plumbing systems. Additionally, trends in home renovation can have an impact on house design for years to come.
Experts concur that a few factors will affect refurbishment patterns. For instance, the pandemic altered how people work and use their free time, and we can anticipate that these changes will be reflected in the home improvement projects that homeowners prioritize in the coming year. Renovations aimed at boosting home comfort and functionality are expected to be quite popular, according to experts, especially given the rising cost of materials and the extremely expensive property market. Homeowners won’t prioritize optional projects. Most folks won’t be rushing to take on entirely optional projects because inflation is still on the rise. Fixing a broken fence or a busted pipe are two non-discretionary chores that homeowners are more inclined to prioritize. If optional tasks are undertaken, she anticipates seeing them finished concurrently with a corresponding repair or necessary upgrade, such as combining a tiling project with a bathroom plumbing repair.
What can we anticipate in terms of home renovation trends for the coming year, considering these complex factors?
Offices at home
Experts anticipate home office improvements as more people regularly work from home. This could involve creating a separate home office area, or just modernizing an existing workspace to make it more welcoming and useful.
Professionals that don’t need to buy or rent commercial space, including physiotherapists, psychiatrists, artists, or music teachers, can work from home with ease.
Spaces for Outdoor Living
Homeowners are attempting to optimize usable space wherever feasible, including outside, as they spend more time at home. Renovations are likely to shift outside, say experts, particularly once the weather warms up in the spring. The construction of decks, patios, and gardens, among other outdoor living spaces, will likely become quite popular, according to Singh. Installing outdoor kitchens and gathering spaces may fall under this category.
As homeowners seek to reduce energy expenses and make their homes more environmentally friendly, energy efficiency will be at the top of their minds. The Energy Efficiency Home Improvement Credit, which would see qualified house upgrades subsidized, will give US homeowners an additional incentive to make energy-efficient home improvements in the New Year as a result of the Inflation Reduction Act’s approval this year. Experts concur that we may expect to witness a significant movement toward solar energy with the installation of solar panels, especially included under the Energy Efficiency Home Improvement Credit.
Additionally, there will be a significant increase in the popularity of renovation trends including adding insulation, switching to solar power, installing energy-efficient appliances, and installing low-flush toilets.
Kitchen and bathroom upgrades
The kitchen and bathroom are rooms in the house that get a lot of use, so many homeowners will prioritize making these spaces more practical and functional. In the coming year, it’s likely that tasks like replacing outdated appliances, adding light fixtures, repairing faucets, and renovating cabinetry will take center stage.
Apartments in addition to other dwellings
The need for multi-dwelling homes is growing as a result of rising interest rates and real estate prices.
As children return home or aging parents move in, more families are choosing to live together as the economy has changed. Many homeowners are rearranging their rooms and floor layouts to account for this change. Others are building self-contained apartment units, while some are installing separate entrances and kitchens.
Regardless of the predicted trends in renovation, experts concur that the most crucial thing to remember is to prioritize improvements that make sense for your house and family. Trends come and go, but ultimately your house needs to work well for you, so don’t feel pressured to adopt a trend merely to fit in if it doesn’t fit your lifestyle.