Renovating a space can be exciting, but if you don’t have a plan, you might miss the mark. Balancing style, trends, budget, and return on investment, it’s vital that you carefully consider everything before jumping into a project.
Thankfully, in 2024, there’s time to breathe and pick things that will excite buyers and raise your property value. These are the top trends to revitalize your space and why you should try them soon.
1. Driving Home Attention to Detail
In the last four years, conversations have been burning hot about the idea of a ‘landlord special’ or ‘flipper special,’ which are times when it’s clear that the home wasn’t taken care of. This can mean paint on windows and switch plates because of a fast paint job or electrical and plumbing shortcuts that lead to a home being a fire hazard despite looking new.
When you’re updating your home, it’s vital that you pay attention to details and do more than just polish something that’s molding under the surface. This could mean looking into functional modern fireplace design ideas instead of painting over it in the same gray so many people use. Buyers are aware of the signs of a hasty flip, so show them that they’re looking at a property they can trust.
2. Natural Wood Colors Are King
Yellow and deep ochre stains have oversaturated the cheap and fast furniture markets. Most of these are just thin coatings on compacted wood, and for many buyers, these colors and textures are starting to feel cheap and unwanted.
Natural wood is a color that’s been pulling the attention of buyers and renters all over the country. In 2024, people want natural tones that show the quality of the wood itself instead of the depth of the stain.
3. Keeping Sound Pollution Out
We pay attention to pollution when it comes to our air and water, but what about sound? Noise pollution is one of the most distracting things we can encounter in daily life, and it will lead to you being unable to sleep or unhappy where you live.
Insulation is an important first step! Heavily insulating your roof and exterior walls will create a buffer that will stop a lot of sound, but there’s more to do. Sealing your windows and doors, adding a wind barrier in your yard through shrubberies, and investing in attractive wood acoustic panels can carry you the rest of the way.
Make your home feel like it’s thousands of miles away from the stress and noise of the rest of the world.
4. Investing in Energy Efficiency
Energy efficiency is a hot topic in 2024. Buyers want a home that will stay affordable even if the weather goes haywire and temperatures drop or skyrocket. Investing in energy efficiency allows you to create a property that will speak to that need.
This means adding more insulation, replacing older doors or windows, and many other tips that align with keeping sound pollution out. If you don’t have a smart thermostat yet, now is a good time to get one.
5. Creating More Purposeful Spaces
Spaces that speak to specific needs are a hot topic for buyers in 2024. They’re not looking for spaces they can turn into home offices; they want rooms that are already set up for that. This means the internet is going to this room specifically for both hard wiring and Wi-Fi and that it’s extremely well insulated and soundproofed for focus.
Don’t spend more than 10% of your property’s value on creating this space, but work to make it clearly purposeful.
6. Understanding Sustainability
Sustainability is about more than just knowing where the wood crown molding on kitchen cabinets is from. This is a lifelong work in purchasing and using products that are long-lasting, well-sourced, and don’t need incredible maintenance to keep up with.
Buyers want homes that are more sustainably designed, and you can make this a reality. Look into local wood and furnishing companies, pay attention to how brands talk about what they source or build, and renovate purposefully.
7. Creating a Kitchen Full of Life
Kitchens have gone through countless trends in the last twenty years, and in 2024, we’re finally shaking free of the all-white look. Although white is gorgeous in kitchens, these rooms can feel sterile and just for appearances if they’re all white. This is a room where you give yourself the power to get through the day and serve your loved ones so they can as well.
This means more natural tones and textures, pops of color to show personality and countertops that aren’t just white marble. This is a room that’s starving for utility and function alongside beauty and aesthetics, so in 2024, we’re mixing it up.
Renovating is a Powerful Way to Rebuild Value
Although the housing market isn’t as hot and fast anymore, this gives you time and predictability so you can build real value and make a major return. Follow these tips, and check out Ralexa Group to make your dream a reality.
Natalie Akins is a freelance writer that loves sharing her knowledge and expertise in interior design and remodeling. She also has a background in the Hospitality and Real Estate Industry. She lives in her hometown of Austin, Texas where she enjoys spending time with her husband and decorating with her children. Natalie’s work as a freelance writer can be found on Building Product Advisor, a new construction industry resource site.