Affordable small spaces with big impact given inflation’s economic realities and social media shareable ones will influence next year’s direction, according to the pioneer of online home design plans.
“While house design will be cozier, more relaxed and aesthetically pleasing, with inflation approaching 10% and higher in some categories, spending on large projects might be out of reach,” The Plan Collection said in a report published by the United States-based Furniture World Magazine.
The annual home design predictions and trends report said homeowners and designers are expected to get the “most bang for their buck” by pursuing smaller projects with bigger impact in 2023.
Owners are reimagining overlooked alcoves, nooks, and corners to be redesigned into compact, colorful and inviting spaces, it said.
“An unremarkable space below the stairs gets revamped with a collection of framed photographs, distinctive art, fabulous lighting and a vintage cabinet or a dead-end hallway transforms into a tranquil meditation space or cozy reading corner,” it added.
Amid affordability challenges, the report said the modern bungalow gets increased attention from millennials and empty nesters who want to downsize but with style.
“One-story modern bungalow designs are typically less expensive, offering curb appeal, high ceilings, contemporary open floor plans, larger bathrooms and a 21st-century exterior,” it said.
The Plan Collection said homeowners with fixed-rate mortgages may also rethink trading up to a larger home in 2023 and revisit home remodeling instead.
“Expect kitchen and bath solutions that are attractive and affordable while creating a larger sense of space to be especially popular. In the bath, floating sinks will be the center of attention, especially in small bathrooms and powder rooms. Floating sinks/vanities can make a small space feel larger and enhance the room with their clean lines and sleek look,” it said.
The trends report also revealed millennial preferences for aesthetic look for social media shareable photos or videos.
“The aesthetic look is favored by millennials and Generation Z for Instagram, TikTok-worthy posts as the design is visually appealing and reveals unique personality and features trendy ideas. This look can also be budget-friendly with creative design choices,” it said.
The report also highlighted preferences for accent walls refined to “zoom-ready” spaces, Mother Nature’s colors, herringbone patterns, and natural wood.
“Accent walls hastily created by many working from home during the pandemic branch out beyond the bookshelf or virtual background. Accent walls express more personality with materials like stone, brick, tile, wood and modern wallpaper,” it said.
The report said nature-inspired shades of green, blue, and lilac inspire visions of meadows filled with wildflowers, all surrounded by green trees and a clear blue sky.
“Whether on the wall, a pillow or on furnishings –these pops of color are a welcome addition to the whites, greys, and blacks so often used throughout the home,” it said.
The report further said homeowners embrace the herringbone pattern on wood and tile walls, doorways, and doors; while natural wood is not the only choice for floors. “Exterior wood trim, garage doors and framed entryways give homes a warm and welcoming feel. Stunning interior accents include wood beams, impressive wood highlights for vaulted ceilings or patterned accent walls,” it added.