2024’s Top Home Renovation Trends You Should Know About

If you’re contemplating a home makeover this year, here are the trends to keep on your checklist.

Get ready for a wild ride in 2024, folks! It seems like everyone and their grandma is getting in on the home renovation action. Why? Well, those sneaky mortgage rates are playing hard to get, hovering above a whopping 6%. I mean, who wants to give up their sweet deal of a sub-4% mortgage for something sky-high? Not me, that’s for sure! So, it looks like the housing market is taking a backseat while homeowners channel their inner Bob Vila and spruce up their current digs. 2024: the year of the DIY dreamers!

Choosing to give their current living spaces a makeover appears to be a much smarter move, allowing them to keep those sweet, sweet mortgage rates intact while jazzing up their homes with extra coziness, functionality, and all-around awesomeness.

Planning a home update this year? Keep an eye on these six renovation trends.

Embracing Nature in Design

The concept of biophilic design, which integrates natural elements into home decor, has been gaining momentum and is expected to continue doing so in 2024.

Get ready folks, because Greg Roth, the interior design guru at CarbonShack Design in sunny Los Angeles, is predicting a major boom in the world of biophilic design. Now, you might be wondering, “What the heck is biophilic design?” Well, let me break it down for you. This fancy term basically means incorporating elements that help us feel connected to nature in our homes and spaces. Think lush greenery, natural materials, and even symbolic touches that remind us of the great outdoors. And guess what? Furniture brands, manufacturers, and designers are all jumping on board with this eco-conscious trend. It’s like a big, green wave sweeping through the design world. Surf’s up, people!

Roth highlights anticipated trends such as nature-mimicking patterns, skylights for enhanced natural lighting, and bi-fold doors that seamlessly blend indoor and outdoor spaces.

Moving Beyond Gray

The longstanding popularity of gray as a go-to color for home decor appears to be waning.

In the colorful world of interior painting, Matt Boden from Fresh Coat Painters in sunny Tampa, Florida, has noticed a delightful change in the air. It seems that people are saying goodbye to the dull grays and embracing a more vibrant palette, filled with the cheerful yellows and calming blues. And who can blame them? In these times of global turmoil, a touch of soothing blue can work wonders for the soul. Mitchell Parker, the wise senior editor at Houzz, confirms this trend, enlightening us on the sought-after calming effect of the color blue. But it doesn’t stop there! Neutrals like beige, creamy whites, and deep browns are also having their moment in the spotlight, gracefully pushing aside the once-dominant cool grays and stark whites. It’s a colorful revolution, my friends, and our walls couldn’t be happier!

Space for Extended Family

In the year 2024, brace yourselves for the great “I need more space” epidemic! It seems that homeowners have caught the expansion bug and are ditching the idea of buying bigger houses altogether. Instead, they’re opting to transform their current abodes into spacious havens for in-laws, adult children, and even those elusive childcare providers. Who needs to move when you can just make your house grow, right? It’s like homeownership meets “Honey, I Shrunk the Kids” – with a twist!

Looking to add some extra living space to your property? Well, you’ve got a few options to choose from. You could go for an accessory dwelling unit (ADU), a guest house, or even a fancy garage apartment. And let me tell you, those garage apartments are all the rage right now! According to The Plan Collection, interest in garage apartments has shot up by a whopping 43% in 2023. So, if you want to stay on trend and have a sweet pad for your guests or maybe a rebellious teenager, it’s time to consider the garage apartment life.

Christa Kenin, a real estate agent, observes a trend toward creating separate living quarters with private bathrooms and entrances, offering independence while maintaining closeness.

Textured Cabinets

If you’re in the market for a kitchen or bathroom makeover, you absolutely have to check out these fluted wood cabinets with their fancy vertical molding. They’re like a blast from the past, channeling the vibes of ancient Greek architecture. These babies have been stealing the spotlight at all the latest design shows, adding a touch of grandeur to kitchen islands and bathroom vanities. Trust me, Parker knows what’s up!

Home Offices are a Must

In a world where more than a quarter of Americans are rocking the remote work life, the quest for the ultimate home office setup has reached epic proportions. Kenin, the office guru, has spilled the beans on the latest trend: multiple home offices scattered throughout the house. Yup, we’re talking about workspaces on different floors, people! Because apparently, one office just isn’t enough to cater to the whims and fancies of these work-from-home warriors. It’s a whole new level of fancy pants productivity, my friends.

Kenin shares insights on a property offering three home offices across three levels, each catering to different work and life balances, indicating a strong buyer interest in such features.

Outdoor Living Spaces

According to Parker, there’s a surge in the craving for outdoor hangouts and chill spots, with folks eagerly searching for snug and intimate outdoor spaces. Kenin backs this up, pointing out that people are now all about outdoor areas that offer a range of lounging and dining choices, along with dedicated spots for outdoor shenanigans. It’s clear that the great outdoors is becoming the ultimate hotspot!

Transforming underutilized spaces into small patios or decks, or creating larger, more secluded decks for those with the space, are recommended ways to enjoy outdoor living.