Thinking about remodeling? Watch out for these home remodeling trends!
Embarking on a home remodeling journey is an exciting yet intricate task that involves careful planning and decision-making! One thing experts can all agree on is to ensure that any money spent remodeling your home is designed to maximize value or return on investment. In short, this means any project you decide to take on increases the value of your home and if you sell you’ll recoup money spent.
However, not all home remodeling projects and trends are equal, especially when it comes to increasing home value!
You may have heard that the farm-style look made popular in the early 2020s is now fading out and many homebuyers are looking for a more contemporary look. Other remodeling projects like adding a pool, converting a garage into a living space, and adding a sunroom have also been shown to decrease home value. That’s why balancing home remodeling trends and possible resale value is so important before you decide to take on any home project!
As a premier general contractor in Oklahoma City, we understand the significance of staying ahead of home remodeling trends to deliver top-notch services. To help homeowners trying to decide what projects are worth it, we’ve listed the key factors impacting value and home remodeling trends.
2024 Home Remodeling Trends
Home remodeling has come a long way over the years, shifting from mere functional upgrades to a holistic approach that considers aesthetics, energy efficiency, and lifestyle. As a seasoned general contractor, we’ve witnessed the evolution firsthand, and we’re here to guide you through the latest trends shaping the industry.
Key Factors Impacting Home Value
1. Aesthetic Appeal vs. Functionality
In the realm of home remodeling, finding the right equilibrium between aesthetic appeal and functionality is crucial. While visually stunning renovations can enhance the overall look of your home, it’s essential to ensure that the changes contribute to the functionality of the space. As a homeowner, consider the tradeoffs involved – an aesthetically pleasing space should not compromise practicality.
What Not To Do: carpet, excessive wallpaper, lowered ceilings, and removal of natural light are all out in 2024.
What To Consider: Our experience has shown that strategic design choices can elevate both form and function. Opting for versatile materials and layouts can transform your space into an aesthetically pleasing haven without sacrificing usability. This can include added hidden storage areas, maintenance-free options (think wood floors vs carpet), and easy-to-clean materials.
2. Sustainable Remodeling Choices
In 2024, sustainability is at the forefront of home remodeling trends. Homeowners are increasingly conscious of their environmental footprint and are seeking eco-friendly options for their projects. From energy-efficient appliances to recycled building materials, the choices are vast.
While prioritizing sustainability is commendable, it’s essential to strike a balance. Some eco-friendly materials might come with higher upfront costs, and not all sustainable options may align with your aesthetic preferences. As a homeowner, understanding the tradeoffs ensures informed decisions.
What Not To Do: Avoid only focusing on room layout or design choices. Key areas of your home like draft windows can lead to higher bills and energy demand.
What To Consider: While not as glamorous as a new kitchen, new windows, attic insulation, solar panels, metal roofs, and other green upgrades offer serious ROI, especially when it comes to selling your home.
Have questions about how to prioritize or budget for energy-efficient upgrades? We specialize in integrating sustainable practices without compromising style or budget. Our team can guide you through environmentally friendly options that align with your vision for the remodel.
3. Tech Integrations
The rise of smart home technology continues to influence remodeling trends. Homeowners are increasingly opting for integrated systems that offer convenience, security, and energy efficiency. From smart thermostats to automated lighting, the possibilities are expansive.
As technology advances, it’s crucial to weigh the benefits against potential challenges. The initial investment in smart home solutions may be higher, and compatibility issues could arise. Striking a balance between innovation and practicality is key.
What Not To Do: Less is more when it comes to a fully integrated home. If you plan on going all out, just make sure upgrades can be retrofitted back to their original design. An example would be smart light switches – not everyone may have the ability or knowledge to live in a home that is fully controlled by AI.
What To Consider: Home technology related to energy efficiency is key. This can include smart thermostats, appliances, and solar panels.
4. To DIY Or Not To DIY
Homeowners picked up a ton of new skills in 2020 thanks to stay-at-home mandates, many related to the home remodeling space. Thanks to popular TV shows and YouTube tutorials, many people assumed that they could tackle just about any home remodeling project. While we commend people for trying, not all of these projects turned out the way they would have if a professional contractor had been involved. While this may be ok for some, when it comes to the resale value of a home, DIY projects can do more harm than good.
What Not To Do: Avoid taking on projects that are outside of your skillset or ones that should involve a professional. This includes removing walls, pouring a new foundation, or rewiring your home.
What To Consider: Before deciding to DIY, use our free online guide to assess your skill set and budget to determine if it’s a project worth taking on!
Key Takeaways About 2024 Home Remodeling Trends
They say home is where the heart is and the space you live in should reflect your style and needs. But when it comes to home remodeling projects, balancing aesthetics with potential resale value should be taken into consideration. For homeowners this year, that includes choosing functional home upgrades, sustainable materials, and tech-friendly design choices that are done by a qualified general contractor.
Interested in learning more or ready to get a free home remodeling quote in Oklahoma City? Our experts are here to help! Call 405-895-9972 or use our online scheduling form to get started today!