5 Remodeling Trends That Are Hot Right Now To Increase Property Value
Remodeling certain elements of a home is one of the most effective ways to increase a property’s value. When you implement a remodel, you are essentially removing old elements of your home and replacing these elements with modern versions. Obviously, some remodels take more effort to implement than others, and occasionally various remodeling trends start to become more popular. Below five remodeling trends that have been popping up more and more are discussed and explored. Therefore, if you are currently looking to increase your property’s value through a home remodel, you should continue reading below to find out where you should get started.
Inspiring Color Palettes
Whites and grays will forever be in style when it comes to a home’s color palette. However, these days more and more individuals are stepping away from the traditional colors of a home to draw upon earth tones and other colors that are uplifting, calming, and inspiring. In many homes around the country, homeowners are planning complete color palette remodels that look to take advantage of the various emotions colors can inspire in a home. Soothing and calming blues and greens are particularly popular right now as more and more homeowners are trying to make their home’s a place of tranquility. These blue and greens and the other earthy tones becoming popular during this trend also pair nicely with several hardwood floor trends that are rising in popularity currently.
Reimagined Home Design
The pandemic has caused many homeowners to rethink how they utilize their homes. With more and more people enjoying the fact that they currently are able to work from home, converted home offices are becoming more and more popular. In addition, homeowners are looking to take advantage of elements of their home they otherwise wouldn’t utilize. For example, right now closet conversions are popular. If you have a large closet in your home that you don’t utilize, you might be able to convert it into a cozy workspace.
Atmosphere Over Minimalism
For many years, minimalism and minimalistic home layouts were all the rage. However, now personality is beginning to tackle conformity. Where kitchens and other rooms in the home once had a clearly defined style, it is now becoming more common for these rooms to have a curated layout that includes personal decorations and more and more elements that represent the family that lives there. Customization is also becoming more and more popular as homeowners renovate their homes. Elements like custom garage doors are popping up more and more.
With more and more homeowners spending extended time in their homes, there is a large trend to renovate existing bathrooms into a luxury space. The goal of these renovations is often to transform the existing bathroom into a space that is suitable for a staycation. Luxury elements like large sinks, walk-in showers, and jacuzzi tubs are trending upwards right now. Forced to stay at home, homeowners are looking to bring the spa to them.
It seems outdoor spaces will never tire. Right now large exterior renovations are becoming increasingly common to make room for large outdoor gathering areas. Outdoor elements like grills, bars, and fire pits are becoming essential as homeowners are looking to turn their homes into places they want to spend the majority of their time. In addition to large outdoor entertainment elements, smaller exterior accents such as fiber cement siding are also being renovated to fully draw together the outdoor environment of a home.
Renovations For Enjoyment & Value
The various renovation trends that were listed and discussed above are a few effective ways to increase the property value of a home. Not only are these trends currently popular and sought after by buyers, but these elements will also likely hold their value as more and more buyers look to purchase homes that can be enjoyed and lived in throughout the entire year.
Skylar Ross is a contributor to the Innovative Materials blog. He is a content writer for the construction and home improvement industries with an interest in landscaping, outdoor remodeling, and interior design. Skylar is focused on educating homeowners, contractors, and architects on innovative materials and methods of construction that increase property value, improve sustainability, and create a warm and welcoming ambiance.