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Did you know that more than half of homes in the US were built before 1980?
That’s more than four decades’ worth of old designs and layouts that are outdated and costly to maintain.
Home renovations are a popular trend that Americans can spend billions of dollars on, but why?
Some do it for personal satisfaction, while others have financial motivations.
93% of homeowners felt that their living standards improved after a renovation project, and getting an average ROI of 69% along with that satisfaction is the cherry on top.
Are you considering a renovation project? Keep in mind the following 2023 trends for an updated new home.
With public restrooms in an abysmal state, especially in states like New Jersey and Pennsylvania, which barely score 5/10 in bathroom cleanliness, it’s no surprise that 44% of Americans spending at least an hour daily in the bathroom would want to renovate their bath into a more luxurious space.
To compensate for unsatisfactory public washrooms, you can enjoy a spa-like bathroom from the comfort of your home.
Remodeling’s 2022 report on ‘Cost vs. Value’ highlights a return of 53% – 58% on investment, which means you get back more than half of the money you spent on renovation upon selling.
Install fancy upgrades like stone wall surrounds or glass shower enclosures to bring a spa-like feel to your bathroom.
Don’t compromise on quality if you live in New Jersey or Eastern Pennsylvania.
Contact trusted bathroom contractors like Luxury Bath NJPA, who can provide highly-rated products and efficient installation techniques.
A team of professionals can significantly help you by guiding you through the renovation process, giving personalized advice, and recommending the top bathroom trends to spruce up your space.
After COVID-19 opened the door for remote work, homeowners realized the importance of having a home office.
No more online meetings in bed or updating Excel files as you drink coffee at the dining table.
For professionals like a therapist or an artist who needs their own space, having a workspace in your home can save money on buying or leasing commercial space.
You can use your home office as a multipurpose space that doubles as a guest room or a library.
Decorate it with professional colors like black or grey to create a sleek look, add adjustable desks or ergonomic chairs for maximum comfort, and even consider using soundproof wall panels to work in peace.
Your home office can be an enjoyable place you work in once you declutter and personalize your space through unique lighting or art.
Natural, earthy tones like caramel, wood, and taupe are trending colors that are a blast from the past.
Embodying the 70’s interior colors of the “Earth Movement,” these warm colors rejuvenate and liven up your space.
You can also choose from colors like a bold red or a vibrant orange shade as an alternative to boring old plain white walls.
In cold and damp states in Pennsylvania, a warm and cozy interior can be a nice change of pace as they evoke a feeling of heat.
It can make your guests feel more welcome while making you feel more energized and happier.
You can paint the walls or choose flooring with warm undertones like hardwood floors or earthy ceramic tiles.
You can also change the drapes, cushions, and upholstery to match your room’s cozy ambiance.
A sedentary lifestyle leaves little room for healthy walks in nature.
However, what if you could bring a piece of nature to your home?
Creating a quality outdoor space connects your home to the outdoors, providing a comfortable place to breathe in fresh air without leaving your home.
You can host small gatherings, enjoy a picnic, or even exercise.
You can create outdoor kitchens or dining areas to enjoy outdoor dinners.
Liven up the place with fire pits surrounded by cozy seating for camping and movie nights.
If you want to nurture your green thumb, you can create a gazebo to decorate with colorful flowers to enhance your curb appeal.
A small birdbath can also incorporate the essence of nature into your space through soothing water sounds and attracting wild birds.
Large Window Banks
Natural lighting is the best lighting.
It brightens up your space, makes it look roomier, and studies prove that it can reduce agitation and stress.
With a growing shift towards sustainable renovations, 68% of US adults believe green buildings make the air cleaner.
You contribute to a more energy-efficient and green home by installing large window banks.
You also save about 12% on energy bills if they consist of suitable materials like vinyl or fiberglass.
You utilize your window bank by creating a cozy reading nook and a comfortable seating arrangement with cushions and throw pillows.
However, in sunny states like New Jersey, where the sun heats your home, you can filter out up to 82% solar energy by decorating your windows with film decals to reduce cooling costs.
A large window bank can be a great addition to your home office.
Or, if it’s in the dining room, you can place your dining table and chairs adjacent to it and enjoy a scenic outdoor view as you dine.
Smart Home Features
With the advancement of technology, innovative home features are now an expectation instead of a luxury.
These home technologies make your life more convenient and cost-effective.
Smart thermostats save energy costs by 10%, and touchless faucets can decrease your water consumption by around 50%.
Virtual home assistants like Alexa let you quickly surf channels hands-free, turn off the lights, and automate other tasks through voice commands.
You can make your house more secure by installing a home security system that includes automated locks, alarm systems, and security cameras.
Or, you can install a home hub system like Home Assistant that can control all your smart devices through one app, creating a cohesive system.
These intelligent features bring the future into your home.
They are convenient to use, secure, and save money in the long run.
The renovation trends in this article can make your home a modern utopia, making it more comfortable and energy-efficient.
Invest in your home wisely to reap the benefits, and choose which renovations bring the most value and comfort.
Always do a cost-benefit analysis to ensure you get your money’s worth.
These renovations are essential to make your home more attractive and up-to-date with the latest trends.
Here’s to making your home stand out!