Virtually every homeowner and especially new ones are looking to upgrade or update their home. After all, home improvement is a way to make your living space more comfortable, stylish, and functional. Home improvements are an investment that add value to your property, enhances your quality of life, and generally gives you a feeling of accomplishment.
Every year, new trends emerge that reflect changing styles, preferences, and technology. Here are some of the hottest home improvement trends we’ve found for 2023.
Sustainability and Eco-Friendliness
Sustainability is an emerging trend and a top priority for many homeowners, and this trend is reflected in the popularity and the growing availability of eco-friendly home improvement options.
Solar panels, geothermal heating and cooling systems, and energy-efficient appliances are just a few of the ways you can reduce your carbon footprint and save money on energy bills. Other sustainable features include low-flow showerheads, water-saving toilets, and smart home systems that monitor and control energy usage. Not to mention that more eco-friendly building materials are hitting the market regularly.
Open-concept living spaces are a trend that continues to gain popularity, and it’s easy to see why. This style of interior decor creates a more spacious, welcoming, and friendly feeling in your home and makes it easier to entertain and spend time with family and friends.
To capitalize on this fast-growing trend, many homeowners are knocking down walls to create a single, large living area. Kitchen islands, multi-functional furniture, and built-in shelving can help define different areas while maintaining an open feel.
Bold Color Schemes
Bold color schemes are a great way to add personality to your home, create a statement, and even change the entire feeling of a room or entire home. From deep tones to vibrant hues, this year is all about making a statement with colors.
You can experiment with bold colors on walls, furniture, or accents, like rugs and artwork. But if you’re not sure about committing entirely to bold colors, you can try using it in small doses like with an accent wall or an accent piece of furniture.
Smart Home Technology
Smart home technology is no longer just a luxury, it’s becoming a must-have for many homeowners. From security systems to temperature control, there are many ways you can use smart technology to make your life easier and generally more comfortable.
You can control your home’s lighting, heating and cooling, and even appliances from your smartphone or tablet, making it easy to stay connected and in control, even when you’re away. This trend doubles as an eco-friendly trend as you can set your home to effectively “power down” when you’re not home or when certain rooms or appliances aren’t in use saving money and energy.
Outdoor Living Spaces
The pandemic made outdoor living spaces wildly popular, and it’s a trend we don’t see going away too soon. These spaces allow you to enjoy the beauty of nature and can be a great place to entertain, relax, and spend time with guests.
Whether you have a small balcony in your apartment or condo or a large yard, there are practically endless ways you can create an outdoor living space that suits your needs and suits your home. Outdoor kitchens, fire pits, and seating areas are just a few of the popular options as well as green spaces full of native plants.
If upgrading a home of your own is part of your 2023 plans, then get in touch with one of the loan experts at Tidewater Mortgage Services!