With many homeowners looking to renovate rather than move due to high mortgage rates, 2024 is set to be a peak year for home improvements. The focus is on making homes more practical and increasing their long-term value.
1. Biophilic Design
Integrating natural elements into home decor continues to grow in popularity.
Benefits include increased creativity, reduced stress, faster recovery, improved mood, and overall health.
Simple elements like skylights, bi-fold doors, natural material furniture, and indoor plants can make a significant difference.
2. Goodbye Grays
The once-popular gray tones are fading, making way for vibrant colors like yellow and blue.
Neutral colors such as beige, cream, and rich browns are gaining popularity for their calming effect.
3. ADUs and In-Law Suites
Accessory Dwelling Units (ADUs) are independent living spaces on the same property as the main home.
In-Law Suites are separate rooms with their own bedrooms, kitchens, and bathrooms, suitable for various occupants, not just in-laws.
There’s a surge in interest in converting garages or basements into these spaces.
4. Fluted Cabinets
Fluted cabinetry, featuring vertical grooves reminiscent of Greek columns, was a hit at design shows.
This design adds visual texture and interest, suitable for kitchen islands, bathroom vanities, and dining room furniture.
5. All the Office Space
With over a quarter of Americans still working remotely, having a well-equipped home office is a key trend.
The demand is for multiple office spaces on different floors of the house, with some homes featuring three home offices.
6. Small Porches and Decks
There’s a growing desire for outdoor spaces for gatherings and relaxation.
Searches for “small screened-in porch ideas,” “small backyard patio,” and “small front porch” have increased significantly on Houzz.
Outdoor spaces with multiple leisure, dining, and entertainment areas are becoming a necessity.
These trends reflect homeowners’ desires to make their living spaces more functional, comfortable, and connected to nature, while also accommodating the new realities of remote work and the need for personal well-being.
