Interior design trends are constantly changing as people look for ways to refresh their living spaces and create a sense of comfort and style. Whether you’re a homeowner looking to update your space or a real estate investor hoping to increase the value of your property, keeping up with the latest interior design trends can be a good investment. In this article, we’ll explore some current interior design trends and their potential return on investment in the market.
One of the most popular interior design trends at the moment is the use of natural materials. From wooden floors and furniture to stone countertops and textured wall coverings, natural materials can create a warm, inviting atmosphere in any space. Not only do they look great, but they can also add value to your property. According to a recent report from Zillow, homes with hardwood floors sell for an average of 2.5% more than homes with other flooring types. Similarly, homes with stone countertops can fetch a premium price, with some studies suggesting that they can increase the value of a home by as much as 5%.
Another trend that is gaining popularity is the use of bold colors and patterns. Whether it’s a statement wall or a bold piece of furniture, incorporating bright colors and eye-catching patterns can add personality and interest to a space. While this trend may not be for everyone, it can be a smart investment for those looking to sell their property. According to a recent study by Zillow, homes with black front doors sold for an average of $6,271 more than similar homes with white front doors. Similarly, homes with blue kitchens sold for an average of $1,809 more than homes with white kitchens.
Lighting is another important aspect of interior design that can have a significant impact on the value of a property. Good lighting can make a space feel larger, brighter, and more welcoming. One of the current trends in lighting is the use of statement light fixtures, such as chandeliers and pendant lights. These fixtures can add a touch of elegance and sophistication to a space, and can also increase its value. According to a recent study by the National Association of Home Builders, homes with chandeliers in the dining room sold for an average of 5.5% more than similar homes without chandeliers.
Finally, technology is playing an increasingly important role in interior design. From smart thermostats and lighting systems to voice-activated assistants and home security systems, technology can make a home more comfortable, convenient, and secure. While these systems can be expensive to install, they can also add significant value to a property. According to a recent survey by Coldwell Banker, nearly half of all homebuyers are willing to pay more for a smart home.
Keeping up with the latest interior design trends can be a smart investment for homeowners and real estate investors alike. From natural materials and bold colors to statement lighting and smart home technology, there are many ways to add value to a property through interior design. Of course, it’s important to balance these trends with timeless design principles and practical considerations, such as functionality and durability. By working with a professional interior designer, homeowners and investors can create spaces that are both stylish and profitable.