From conservation-focused ecosystems to redefined neutrals in exterior design, the upcoming year promises an array of exciting trends in real estate and design. While staying trendy is appealing, understanding these innovations is vital for sustainable living and minimizing our impact on the planet. Let’s explore ten trends shaping the housing landscape for both single and multifamily residences:
1. Staying Put and Upgrading
With mortgage rates high and inventory low, homeowners are enhancing their existing spaces. Key additions include sustainable features, accessory dwelling units, pickle ball courts, remodeled basements, and AI-driven technology for enhanced energy efficiency.
2. Designing for Aging Populations
Specialized facilities catering to aging populations are on the rise. These spaces prioritize light, unique activities, and brain stimulation, providing safe yet invigorating environments for residents.
3. Shift to Smaller Homes and Townhomes
Home sizes are shrinking, favoring more compact and flexible designs. Townhomes and stacked flats are gaining popularity due to their efficient use of space in dense areas.
4. Expanding Apartment Sizes
Contrary to smaller homes, apartments are growing larger, reflecting a desire for more workspace and additional bedrooms among renters.
5. Rise of Sustainable Energy
Sustainability remains a priority, backed by federal incentives promoting energy-efficient homes. Builders are utilizing recycled materials like steel for stronger and more sustainable constructions.
6. Luxury Spec Homes Demand
Demand for luxury spec homes persists, especially in sought-after locations like South Florida. Modern designs with smart features and functional yet stylish interiors are highly favored.
7. Amenities in Small Buildings
Even smaller buildings are integrating enticing amenities like EV stations, shared parking, and community spaces to compete with larger complexes, fostering a sense of community among residents.
8. Kitchen Continues as a Focal Point
Kitchens remain central, with induction cook tops gaining traction. Innovative designs incorporating natural light, artisanal elements, and mixed materials are trending.
9. Focus on Natural Landscaping
Conserving ecosystems is a priority, seen in communities designed to preserve land and private yards embracing native plants to support biodiversity.
10. Re-imagined Exterior Neutrals
Neutral exterior colors are evolving towards darker, bolder tones like midnight blue and charcoal gray, adding drama and confidence to home exteriors. For expert color advice, check out Maria Killman’s website at: https://mariakillam.com/colourwheel/
Understanding these trends isn’t merely about following fashion but embracing innovative ways to live sustainably and joyfully in our homes. Whether staying put, downsizing, or embracing new design elements, the trends for 2024 offer exciting opportunities to create spaces that align with our values while contributing positively to the world around us.
