According to the National Association of Realtors and the National Association of the Remodeling Industry, some renovation projects increase the value of your home more than their cost. One example is the installation of hardwood flooring, which returned an estimated 106% of the cost. Many of the most popular 2023 residential renovations can add value to your home while increasing the enjoyment you feel in your home. Continue reading to learn which renovations are predicted to be the most popular in 2023.
Proper Home Offices
As it appears that the work-from-home trend isn’t going anywhere, more homeowners are adding a home office to their residential renovations wish list. If you’ve been spending the past few years working at your dining room table or a tiny corner in your living room, then you understand why creating a home office is on the top trend list. Dedicated space for a home office also makes it easier to separate work time from family time. If you’re tired of trying to focus and work in an inadequate home working environment, then it’s time to start designing your new office in your Petoskey home.
Upgrades to Bathrooms and the Kitchen
It’s doubtful that kitchen and bathroom remodels will ever disappear from popular renovation trends. This year, more people are focused on creating bathroom spaces that offer tranquil relaxation and kitchens that are centered around the family. If your kitchen is in need of a remodel, then now is an ideal time to plan one. The same is true for bathroom renovations. There are a number of exciting design options that rely on natural materials and neutral colors that provide a calming background for your daily life.
Creating More Comfortable Outdoor Living Spaces
Entertaining at home has always been popular, and now more homeowners are moving their dinner parties and other events outside. This means that entertainment spaces include chef’s kitchens, fire pits, hardscaping, and water features. You may be surprised by just how often you use an updated outdoor space for entertaining and time spent with family members. There’s something really special about spending time outside among the beautiful natural landscapes that are abundant in our area. Now’s the time to design the perfect garden oasis for you and your family members to enjoy this summer and for many seasons to come.
If you’re planning some residential renovations in the near future, then we’re the company to call. Contact us today and let us help you make your Northern Michigan home match your dreams.