Home renovations are an excellent way to update and add value to your living space. As trends come and go, it’s important to know what design elements are worth investing in for the long haul. We consulted with interior designers and industry experts to uncover the top 5 home renovation trends that are expected to be popular and provide a great return on investment in the coming years.
Open Concept Floor Plans
One of the biggest trends in home renovations is the open concept floor plan. This design eliminates walls and doorways between rooms like the kitchen, living room and dining room to create one large, cohesive space. Open concept improves flow and makes rooms appear larger and brighter.
Our interior designers emphasize the importance of a thoughtful open concept layout to reduce noise and clutter in one open area. Here are some key tips:
- Use partial walls, columns, lighting and furniture placements to define separate zones for cooking, conversing and eating. This helps reduce sound traveling throughout the large room.
- Strategically place walls and cabinets to conceal appliances, countertops and sinks to maintain a clean look.
- Incorporate sound-absorbing surfaces like rugs, curtains and soft furnishings to dampen echoes.
- Use muted colors and materials in large spaces to prevent an overwhelming visual aesthetic.
The open concept layout provides excellent versatility for changing needs over the years. It also creates a more social atmosphere as families and guests can interact easier between rooms. With proper planning, an open concept can be the heart of your home.
Smart Home Technology
Another renovation trend that experts recommend investing in is smart home technology. This includes devices like smart thermostats, doorbell cameras, automated light switches, voice assistants and appliance controls.
Upgrading to smart home devices provides these worthwhile benefits:
- Convenience: You can control features like lighting, heating and appliances from your smartphone or with voice commands.
- Energy Efficiency: Smart thermostats learn your schedule and adapt the temperature to save energy.
- Security: Doorbell cameras and sensors monitor your home 24/7 and send alerts to your phone if needed.
- Safety: You can remotely shut off appliances or use voice assistants to call emergency services. Leak sensors can automatically shut off water valves.
- Accessibility: Smart features can assist those with limited mobility by controlling doors, lighting, TVs and more with their voice.
Our designers stress the importance of integrating smart technology early in the renovation process. This allows for pre-wiring and optimal placement of devices and hubs. With thoughtful smart home implementation, you can enjoy convenience along with energy savings for years to come.
Sophisticated Storage Solutions
Lacking sufficient storage space is a common problem in many homes. When renovating, interior design experts recommend investing in storage solutions that are aesthetically pleasing as well as highly functional. These storage upgrade ideas can maximize your square footage:
- Built-in shelving and cabinetry using materials like wood, glass and metal that complement your decor. Replacing bulky shelving units with streamlined built-ins can save space.
- Convert awkward underutilized spaces like under stairs into storage using enclosed cabinetry.
- Maximize closet storage with organizational systems including shelves, drawers, racks and smart storage containers.
- Use sliding doors, barn doors or pocket doors to conserve space taken up by swinging doors.
- Install overhead pot racks, mounted spice racks and vertical towel bars to take advantage of vertical wall space.
Creative storage solutions not only provide ample space for belongings but also improve the visual appeal of your home. Strategic organization also makes day-to-day living more convenient. Our experts recommend investing roughly 10-15% of your renovation budget on storage based on your needs.
Bathroom Upgrades
Bathroom renovations are worthwhile for improving function, storage, aesthetics and increasing home value. Our interior designers recommend focusing on these impactful bath upgrades:
Improved Layout
Evaluate the existing layout and make modifications to improve use of space. Consider the following upgrades:
- Replace a bathtub with a more spacious walk-in shower.
- Increase natural light with a new window or skylight.
- Improve ventilation and humidity control.
- Place fixtures and cabinets in an ergonomic arrangement.
Stylish New Fixtures
Replace outdated faucets, showerheads, toilets, lighting and hardware with modern fixtures. Brushed metals like nickel and gold are popular modern finishes.
Natural Stone and Tile
Installing natural stone countertops and backsplashes can provide an upscale, spa-like feel. Tile floors are also a remodeling staple that adds luxury and visual interest. Large format tiles are a popular option to make spaces appear bigger.
Improved Storage
Custom cabinetry, drawer organizers, built-in shelving, medicine cabinets and under-sink storage help keep bathrooms decluttered.
Smart Technology
Consider touch-free faucets and toilets, heated floors, fog-free mirrors and water-resistant speakers for an upgraded bath experience.
A well-designed bathroom remodel provides comfort and aesthetics that enhance your daily self-care routine for years to come.
Luxury Kitchens
The kitchen is the heart of the home, so it’s one of the most popular rooms to renovate. Upgrading to a luxury kitchen provides daily enjoyment and adds resale value. Our interior designers suggest focusing on these impactful elements:
Layout
Evaluate how you use your current kitchen and modify the layout for improved function. Open concept kitchens that integrate the living area are a top trend.
High-End Appliances
Invest in energy efficient and long-lasting appliances like refrigerators, ovens, microwaves and dishwashers. Stylish finishes like stainless steel, matte black or gas ranges offer luxury.
Natural Stone Countertops
Granite, marble, quartzite and engineered quartz make stunning and durable countertops that will last for decades. Add a stone or tile backsplash as well.
Custom Cabinetry
Opt for kitchen cabinets in beautiful wood stains or painted finishes for a built-in, high-end appearance. Include features like soft-close doors, pull out shelves and sliding storage organizers. Glass cabinet doors can provide an airy, open aesthetic.
Advanced Fixtures
Upgrade your kitchen with designer faucets, sinks, lighting and hardware for elegance and functionality. Pot filler faucets, wall-mounted fixtures and LED under-cabinet lighting create a luxurious workspace.
By investing in these meaningful kitchen upgrades as part of your renovation, you can enjoy gourmet level convenience and beauty for years to come.
Conclusion
Renovating your home to align with current trends is an exciting way to update your living space. Experts agree these top trends provide desirable aesthetics along with daily functionality that enhances your lifestyle. Investing in open concept floor plans, smart technology, storage solutions, bathroom upgrades and luxury kitchens can create a home you’ll be happy to live in for years down the road. With strategic planning and design, renovation dollars can go far to turn your house into a beautiful home.
Frequently Asked Questions About Home Renovation Trends
What are the most popular home renovation trends right now?
According to experts, some of the most popular home renovation trends include open concept layouts, smart home technology, custom storage solutions, bathroom upgrades and luxury kitchens with high-end finishes.
How can I choose timeless home renovation trends?
Focus on features that improve functionality, meet your lifestyle needs and provide visual appeal you’re unlikely to tire of down the road. Quality over quantity is key for investment pieces.
What are experts forecasting for top home renovation trends in the next 5 years?
Looking ahead, experts predict that smart home tech, sustainable and energy-efficient upgrades, multifunctional spaces and outdoor living areas will continue growing in popularity over the next 5 years.
Should I renovate my kitchen or bathroom first?
Both kitchen and bathroom renovations provide great return on investment. It often makes sense to start with whichever space you utilize and enjoy the least in its current state. Kitchens provide daily use for households while bathrooms are more personal.
How much does the average home renovation cost?
The average minor kitchen remodel costs around $25,000 while a major renovation averages $66,000. The average bathroom remodel runs $20,000. Whole home remodels average $45,000. Local factors affect prices.
What renovations bring the highest ROI?
Top renovations for return on investment include bathroom and kitchen updates using stylish touches like stone counters and tile backsplash. Curb appeal projects like new entry doors, landscaping and exterior paint also rank high.
Should I renovate or move?
If your home’s layout and structure are generally sound, renovating is often a worthwhile investment, saving the costs and work of moving. But if major structural changes are needed or the neighborhood is declining, moving may be better.
What renovations help sell your house faster?
Curb appeal upgrades like fresh landscaping and a new front door help make good first impressions. Neutral paint colors, stylish fixtures and finished floors also attract buyers. Kitchen and bath updates provide the most value for resale.
Are renovation trends really worth it?
It depends on your goals. If you plan to stay in the home long-term, invest in trends you’ll enjoy. If selling soon, focus on renovations buyers desire, like bathrooms and kitchens. Balance current trends with timeless features as well for longevity.
How do I make sure my renovation has a good ROI?
Carefully review costs against expected added value for each renovation project and make sure it’s sufficient for your situation. Home features, location, lifestyle needs and housing market factors also impact ROI.