Thinking about home upgrades in 2024? You’re not alone!
With mortgage rates above 6% at this point in 2024, many are pausing on new home purchases. Instead, they’re enhancing their current homes. It’s smart. It keeps those low rates and boosts property value. Let’s uncover the top six home improvement trends to watch this year!
Nature Indoors: Biophilic Design
Biophilic design is big. It blends nature into your decor. Think skylights, bifold doors, and nature patterns. Design experts anticipate even more nature-inspired elements as we embrace environmental stewardship.
Color Shifts: Beyond Grays
Grays are fading out. Brighter hues are in! Matt Boden from Fresh Coat Painters is seeing a rise in blues and yellows. Blue in particular provides a calming influence in the home. Moreover, Mitchell Parker from Houzz notes a shift to warmer tones like beiges and browns. It’s all about creating a welcoming space.
Extra Space: ADUs + In-Law Suites
Expanding your home? It’s a trending thing to do! Think ADUs, guest houses, or garage apartments. Interest in these spaces surged by 43% in 2023. Real estate agent Christa Kenin notes the demand for separate living areas, especially for in-laws or returning children.
Fluted Cabinets
Revamp your cabinets. Fluted wood, with vertical molding, is super stylish. It adds texture and character to kitchens and bathrooms. Mitchell Parker highlights its popularity in design shows. Fluted cabinets can make a bold statement under kitchen island countertops, on bathroom vanities, and even as part of dining room furniture.
Home Office Evolution
The home office is a staple. Recent Census Bureau data shows that over a quarter of Americans work remotely at least part-time. For this group, having a home office will be key in 2024. Christa Kenin says she continues to see clients with high demand for home offices. It’s about flexibility and functionality when it comes to working from home. This is why more and more people are wanting more than one office on different floors of their home.
Outdoor Enchantment: Small Porches + Decks
Outdoor spaces are key. According to Houzz, searches for small patios and porches are up over 500%. Christa Kenin has also seen a demand for multi-functional outdoor areas. Think dining, lounging, and recreational spaces. Unused side yards or entry areas can be turned into small decks or patios, while homeowners with more space can add larger decks further removed from the house for a more private retreat.
In conclusion, if you’re eyeing home improvements, these six trends are where it’s at in 2024. Ready to reshape your living space or dive into the real estate market? Contact our Surterre real estate specialists. Visit SurterreProperties.com today and let’s make your space shine! For more trending design tips, follow @surterreproperties on Instagram.
