5 Home Renovation Trends to Watch in 2024

Discover the top 5 home renovation trends to watch in 2024. From sustainable materials to smart home technology, find inspiration for your next home improvement project.

5 Home Renovation Trends to Watch in 2024

Due to affordability, many homeowners want to renovate their spaces instead of purchasing new homes. Renovation trends echo our societal desires to reduce carbon footprints, reconnect with nature, and add function to our spaces. In this guide, learn how homeowners transform their spaces to include better flexibility, energy efficiency, and natural aesthetics with these 2024 home renovation trends.

1. Multipurpose Makeover

Modern homeowners love an open floor plan. These plans allow for ample entertainment space, flexibility, and a brighter feeling in a room. However, with the rise in working and learning from home, open floor plans may not be ideal for those who require privacy during work or learning hours outside of the bedroom. Thankfully, owners are finding intelligent solutions to close up an open space when privacy is needed. Recent home renovations are reinventing their open floor plans to include space flexibility. Retractable walls, fold-away furniture, expandable desks, and pull-out couches are ways homeowners can add flexibility and privacy to an open space. Murphy beds can even transform office spaces into guest bedrooms when necessary. With these renovation plans, owners can enjoy their open, spacious designs while allowing for work or school space when necessary; larger homes are becoming unnecessary with space flexibility upgrades.

2. Storage Solutions

Built-in storage is experiencing a renaissance. Older homes often showcase beautifully hand-carved built-in storage in the walls, a feature that has regained its favor in recent years. With many families opting for smaller homes, the demand for storage has surged. Unlike traditional storage furniture, which can be bulky and clash with a home’s interior style, built-in storage seamlessly blends with the home's design and doesn’t encroach on floor space. This type of storage can feature exquisite craftsmanship, adding value and functionality to any home. Built-ins are handy in offices, bedrooms, and living rooms where items and tools gather. Garages with built-ins add convenience and function to the home’s workspace and carport. Some homes are even renovating their living room spaces to fit built-in storage around their TV sets; however, this can be inconvenient for those looking to fit alternative television sizes.

3. Patio Paradise

No matter the home’s location, modern homeowners are craving outdoor spaces again. In recent years, there has been an uptick in patio and outdoor home renovations to feature exterior kitchens, spas, pools, summer houses, and relaxation areas. Natural wood pergolas or optional automated awnings are trending, adding shade when the weather permits. Outdoor maximalism is also gaining popularity, utilizing bright colors and extravagant patio designs to make an outdoor relaxation area pop. Additionally, owners are renovating their existing patios to add multiple layers for different functions; unique patio shapes, marrying curved and straight edges, are currently stylish. Western outdoor spaces find value in Asian-inspired gardens, such as zen gardens, to promote peace and relaxation. Urban farming has also recently been favored; edible gardens provide convenient and cheap herbs, fruits, or vegetables right out of your yard.

4. Solar Switch

Renewable energy is becoming more popular by the day. Solar energy is particularly favored due to tax credits offered in many locations. Southern states, where muggy climates contribute to high energy bills, find renewable energy renovations worthwhile, especially in areas with solar tax incentives. For example, in Alabama, tax incentives can provide savings on solar panels. Solar panels can be attached to roofs to avoid wasting yard space; some homeowners are even renovating their roofs to include solar shingles!

5. Biophilic Buildings 

In addition to renovating extensive outdoor space, new home design trends are bringing nature indoors! Biophilic design refers to connecting with or implementing nature in a home. Living walls, where vegetation becomes a part of a home’s interior, add a unique and fun design while reducing the need for planters that take up floor space. Some homeowners also enjoy living roofs, where vegetation or gardens can grow freely on a home’s rooftop to bring nature directly to their structure. Some extensive home renovations include trees growing through the home’s floor, vine-lined staircases, or even interior gardens! For those looking for a more subtle nature theme, large windows and indoor plant shelves are increasingly popular in modern homes.

How to Renovate Your Home

Most home renovations should be undertaken by professionals. You should hire an electrician for any electrical work, a plumber for major plumbing renovations, and a general contractor for construction needs. A tradesperson is highly skilled, experienced, and licensed to perform the exact types of renovations that you need. For example, a general contractor in Alabama is required to prepare for and pass an extensive exam before acquiring a license. Before hiring any contractor, be certain they are licensed and reputable.

Conclusion

Modern homeowners want to maximize space with flexible rooms and built-in storage. With increasing tax credits for solar or other renewable energy types, sustainability is also on the minds of renovators. There has been an uptick in reconnecting with nature; biophilic designs and grand outdoor spaces have been at the top of homeowners’ lists lately. These redesigns pave the way for a greener, more functional, tailored home for many.

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Alex Roberts

Alex is a licensed contractor with extensive experience in home improvement projects. He provides expert advice on renovations, repairs, and upgrades, helping readers enhance the comfort, functionality, and value of their homes.

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