New year, new house. Almost. As of now, your tile flooring is looking worn, the walls could use a fresh coat of paint, and your bathroom cabinets are beyond overdue for a contemporary overhaul. You're ready to revamp your home and give it a much-needed makeover.
You're not alone, either.
Research shows that the market for home improvement services in 2020 was worth over $316 billion and is expected to grow by over 6% from 2021 to 2030. Home remodeling is on the upswing as homeowners seek to increase their properties' resale value as well as make their homes more functional, comfortable, and sustainable.
How can you make your home stand out for all the right reasons in 2024? Let's explore the top home remodeling trends this year to elevate your home's look and feel.
1. Additions For the Aging
Many aging Baby Boomers are deciding to age in place this year versus moving to assisted living centers, as this will give them the opportunity to retain their homes and their independence. Since this requires home modifications in many situations, you can expect more safety-focused home remodels among the older population in 2024.
Remodels may include walk-in shower and tub additions, as well as stair lifts for increased safety and accessibility. The benefit of a walk-in installation is that it can be less expensive than a full bath remodel since it can fit into an existing traditional bathtub space. Simply remodel your tub area to update your bathroom.
If you're looking for a way to lead a "greener" life, consider incorporating eco-friendly upgrades into your home in 2024. You'll be in good company, with research in 2023 indicating that over half of property agents said their home-seeking clients expressed an interest in sustainable living.
A popular way to decrease your household's carbon footprint is to install low-flow kitchen and bathroom fixtures, as well as water-efficient washing machines and dishwashers. A tankless water heater can also help you live more sustainably since it uses less energy than a traditional water heater, leading to fewer greenhouse gas emissions.
3. Multi-Generational Additions
2024 is expected to see more multi-generation households in light of rising housing prices and the current shortage of houses across the U.S. Some individuals are moving back home with their parents, while other individuals are welcoming their aging parents and other loved ones into their homes. Providing more privacy in a full house is easy by executing the following strategies:
- Creating a separate entrance
- Adding walls to close off your open spaces
- Upgrading your basement to include a kitchen for your loved one
If your grandchildren plan to live with you this year, consider creating a custom playroom addition for them or an extra room with bunk beds and a Jack and Jill bathroom to maximize their space. Adding a mudroom is also a must if you have young children who need a place to put their rainboots, school sneakers, and more. Mudrooms are typically close to laundry areas. You can even make your laundry room double as your mudroom - just add some cabinetry, shelves, a handy utility sink, and hooks to make your space as practical as possible.
Do you plan to sell your existing home within the next couple of years? 2024 couldn't be a better time to make home updates that future buyers will find appealing. Replacing outdated kitchen cabinets with stunning maple or white kitchen cabinets is an ideal way to give your kitchen a fresh look.
Popular outdoor renovations to make your home easier to sell include replacing a garage door to enhance your home's curb appeal, as well as adding a patio or deck to create an alluring outdoor living space. Smart features like lights and thermostats you can control from a smartphone can further make your house more intuitive for you and unforgettable for future buyers.
5. Warm Additions
Say goodbye to the industrial look and hello to a "homey" feel. Expect to see more 2024 home renovations focused on creating welcoming and cozy spaces. These changes may include warm colors for your curtains, furniture, and walls, including brown, yellow, orange, and red. Other popular renovations for making your home more snug include adding sustainable materials to your decor, such as glass, recycled plastic, reclaimed wood, and cork. These materials often have patterns, colors, and textures that create an inviting atmosphere.
6. Fixing the Fixtures and Tiles
Does your home have existing tiles? You may want to replace it with something new to bring your home into the 2020s and beyond, particularly if the tiles' colors don't match your home's decor or the tiles are chipped or cracked. Better options include ceramic or porcelain tiles, which can mimic metal, wood, or natural stone. These tile options come in various shapes, sizes, and colors to match your style and home's vibe, and you can easily install them in different layouts and patterns.
This year is also an excellent time to update your existing cabinet hardware, lighting, and faucets. Some of today's most popular hardware and fixture elements are available in matte black and brass. Matte black stands out for being modern and sleek, while brass is known for its elegant and warm look, perfect for adding charm and luxury to your kitchen or bath space.
7. Multi-Purpose Spaces
One of the best ways to elevate your home is to create rooms your loved ones can use for multiple purposes. These include entertainment rooms, gyms, and home offices. No longer planning to work out at home? Trade in the treadmill for an ergonomic desk and office chair you can finally use for your work Zoom meetings instead of making your kitchen table a makeshift office space. Alternatively, turn your little-used guest room into an entertainment room complete with a TV and surround sound for family movie nights. Don't forget to also use the space beneath your stairwell; it's the perfect way to create more room for storage without expanding your footprint.
8. Upgrades For Storm Protection
Increasingly cold winters and hot summers mean you'll need home renovations that will protect your house from extreme temperatures and natural disasters, such as wildfires, floods, and hurricanes. Upgrade your home by installing better insulation and stronger windows to guard your abode against the elements.
Remember to install a whole-house generator, too, and consider adding a solar power system to your property. These solutions are perfect for overcoming concerns about grid instability if your loved ones rely on CPAP or home oxygen machines, and solar power is an especially excellent option for homeowners seeking to use green energy.
9. Paneling is Back
We're not talking about your grandma's paneling, either. The 1970s saw wall paneling in droves, and homeowners in 2024 are reviving this home design trend. That's because wall paneling is an excellent way to make any room feel warmer while adding interest and character to a boring or plain wall. Panels can also add depth and texture to your space. Add panels to your home's entryway or foyer to create a cozy atmosphere, and produce an eye-catching focal point in your master bedroom by adding panels behind your headboard. Even your bathroom can easily be upgraded with sophisticated-looking wall paneling.
10. Kitchen Colors
Your kitchen is your home's heartbeat, so bid the previously popular grayscale and white color scheme adieu and welcome in bolder colors mixed with light-colored natural wood. The best kitchen colors include the following:
- Green (e.g., vibrant emerald green or olive green)
- Black
- Blue (e.g., navy blue or soft blue)
- Buttery yellow
- Pretty plum
- Pale peach
- Blue-gray
Infuse your personality into your lighting fixtures, backsplash, cabinets, and appliances by choosing your favorite colors for these elements for your kitchen.
Execute the Biggest Remodeling Trends With Confidence
The top home remodeling trends in 2024 include upgrading your home with safety features, like stairlifts, for loved ones planning to age in place; choosing eco-friendly appliances; and creating more rooms for multi-generation household living. Other top additions this year range from incorporating warm colors, like orange, into your space to modernizing fixtures and tiles. Creating multi-purpose spaces, adding generators, embracing wall paneling, and selecting bold kitchen colors are also all the rage in 2024. Follow the above-mentioned tips to take your home's appeal and atmosphere to the next level this year and beyond.
