Does 2023 feel like the right year to give your home a little refresh? Here are 5 home reno trends that are going to be huge this year!
1. Home offices
Homeowners are transforming their spaces in order to accommodate the somewhat new normal or working from home. Emily Cassolato of Coldwell Banker Neumann Real Estate says that some of her clients are converting their sheds and garages into home office spaces.
2. Outdoor living spaces
As homeowners have been spending more time at home, they are trying to maximize the amount of living space that they have. In 2023, we are going to see many home renovations happening outside! From new decks and patios to outdoor kitchens- we are going to see outdoor living become the norm.
3. Energy efficiency
Rising costs have homeowners trying to make their homes more energy efficient to lower their monthly bills. Solar energy will be on the rise in 2023 renovations, along with smart HVAC systems and energy efficient appliances.
4. Bathroom & kitchen updates
These spaces are used the most often in a home and are likely to be high on the home renovation list in 2023. Cabinets and countertops will be upgraded, new lighting and faucets will replace old and outdated ones to help make these spaces more functional and enjoyable.
5. Multigenerational living
Some home buyers are choosing to purchase homes with family or friends in order to increase their purchasing power. Home renovations in 2023 will include adding additional living space into homes to accommodate this living style! Homeowners are adding separate entrances, secondary suites and reworking floor plans in order for their home to function better.
Which home renovation trend will you be trying out this year?