On the threshold of 2023, we look forward with high hopes and fresh expectations. With projects already lined up at the start of this year, we see inspiring movements on the upsurge, signaling another year of promising residential transformations.
For the past three years, we have learned to adapt and changed the way we live through the pandemic and inflation of commodity costs. As home owners, our priorities for comfort and practicality redirects the significance of our home renovation decisions.
Here are this year’s projected residential renovation trends:
HOME OFFICE
Working from home has been on the rise. Businesses conducted through online communication not only conform with the social distancing mandate but also deliver a more relaxing and less rigid working environment. The attic, den, garage or a guest room are ideal spaces for renovation or conversation into a home office.
Home Office of Residence on Argyle Avenue
KITCHEN AND BATHROOM UPGRADES
Kitchens and bathrooms have high-traffic volumes, exposed to frequent use more than any other rooms in your home. With a broadening attention to practicability, there is a growing demand for kitchen and bathroom upgrades in 2023. Upgrades are as simple as replacement of vanities or countertops, plumbing or hardware accessories, cabinet refacing or refinishing, or major kitchen and bathroom remodels.
Kitchen of Residence on Argyle Avenue
Bathroom of Residence on Curson Avenue
ADDITIONS/EXTENSION CONSTRUCTION
More owners are investing in increasing the square footage of their homes. With a growing need for space, the addition of living spaces has become essential. Extension constructions can be as small as adding a bay window in the living room, a full-size pantry to a kitchen, a walk-in closet to a bedroom or an outdoor kitchen. Major additions, such as a covered sunroom, a dormer in the attic, a second story above a garage or an ADU (Accessory Dwelling Unit) for guest accommodation/rental intention, are gaining popularity in construction.
Walk-In Closet of Residence on Pebble Beach
BALCONIES, DECKS AND PATIOS
We have been cooped up in our homes during the pandemic. It is projected in 2023 that homeowners look forward to expanding their living spaces into the outdoors to enjoy multifunctional activities for relaxation, dining or barbecue cookouts. Outdoor renovations such as new patios, balconies and garden decks are foreseen to accelerate this year.
Balcony of Residence in Argyle Avenue
EXTERIOR UPGRADE
We have seen an increase in exterior facelifts in construction. The popularity of exterior upgrades and mixing of exterior finishes in 2022 migrates into the new year. With the production of new materials and innovative ideas for combined use of textures, exterior remodels will see an incline in demand.
Exterior Poolside View of Residence on Ramirez Canyon Road in Malibu
Whatever upgrade you are contemplating to give your home a new look this new year, we would love to hear from you. Contact us for a free consultation now.