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As the warm weather approaches, it's the perfect time to consider sprucing up your home! Just like the seasons, home renovation trends are always evolving. Keep reading to discover five of these trends and gain some tips to make your home renovation project a triumph!

2023 Trends 

1.     Energy Improvements 

With inflation over the last few years causing living expenses to surge, enhancing home energy efficiency will be a prevalent trend.  By adopting home energy improvements, homeowners can minimize energy and utility expenses, thus reducing the cost of living for individuals and families. Popular energy-saving projects may include installing solar panels, upgrading insulation, and investing in energy-efficient windows.  

2.     Outdoor Space Improvements  

As a result of the pandemic, homeowners started spending more time at home which has led them to prioritize improving their outdoor living spaces. As the weather warms up, people will want to utilize their outdoor spaces more frequently, hence prompting a wave of renovations. A few outdoor renovation trends might include improving or installing decks, patios, fire pits, outdoor kitchens, hot tubs, and pools.  

3.     Home Office Space Renovations 

Since working from home has increased in popularity over the last couple of years, creating and updating home office spaces will continue to be a trend in 2023. Individuals that have jobs that allow them to work from the comfort of their homes will want an improved workspace that provides them with both comfort and productivity. Home office trends may include better lighting, new desk equipment, dedicating an entire room to create an office space, and adding neutral color schemes.  

4.     Bathroom Renovations 

With the pandemic significantly altering how much time people spend at home, the bathroom has emerged as a high-traffic area, particularly with the increasing number of people working from home. As a result, this may be a popular year for making improvements and renovations to bathroom spaces. These projects may include replacing countertops, decorative lighting, and spa-like bathrooms. 

5.     Kitchen Renovations 

Another high-use area within the home is the kitchen. Kitchen improvements and renovations will be in high demand. Some of the emerging kitchen upgrades might involve vibrant color schemes, modernizing cabinetry, and incorporating smart appliances.  

Tips 

1.     Assess and Plan 

One of the first steps before starting any home renovations is to assess your home and decide what needs to be done. Knowing exactly what needs to be changed and improved will help you organize your renovations better and ensure that you do not forget anything. Walk through your house and make a list of problem areas to help you prioritize and start planning your next home renovations!  

2.     Set a Budget 

Setting a budget will help prevent overspending, as home renovation costs can add up quickly! After setting your budget, start planning by requesting cost estimates and see what fits into your budget and eliminate things that do not.  

3.     Be Flexible  

Try to remember that renovating comes with many obstacles and unexpected delays. It is important to be flexible and prepare yourself for issues that may arise. If you are prepared and have an open mindset, you’ll have less stress if delays or obstacles do arise.  

4.     Research For Inspiration  

One of the most fun parts about renovating your space is getting to research and find inspiration to create a space that you love. Start a vision board and find all the different finishes, color schemes, and fixtures that you want to incorporate into your renovations to ensure that you love the final product after all renovations are finished!  

No matter what your renovation goals are for this year or even for next, with the help of these tips and trends, you can complete a successful renovation process in any space within your home! If you have any questions about our financing options regarding home renovations, contact our team at The Middlefield Banking Company today.