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8 Home Renovation And Remodeling Trends For 2023

Sam Hawrylack7-minute read

May 01, 2023


Home renovation and remodeling can be a great way to increase your home’s value and make it look the way you want. So, we researched the top trends for 2023 to help you see what home renovation and remodeling trends might be of importance to you.

Renovation Vs. Remodel

Renovation and remodel are two words that are often used interchangeably. But, in actuality, they mean two very different things. So, if you’re talking to a contractor or a mortgage lender, it’s important to have your terms right to get the correct estimates and the best rate/terms on your loan.

The difference between a renovation and a remodel depends on whether you’re creating something new. A renovation means you’re updating or restoring a room or home. It retains the same functions but will look different. A remodel means you might change the entire functionality of a room or home in addition to its design.

Both options change the look and feel of your home and might even increase your home’s value. There are many ways to cover the cost of renovations and remodels, but how much do they cost?

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How Much Do Renovations And Remodels Cost?

Home renovation and remodeling projects costs vary depending on your area, the scope of the job, and your timeline. Therefore, it’s best to compare quotes from different companies to get an idea of the average cost in your area and learn how much your project may cost.

Before you jump on board and renovate or remodel your home, shop around and find the best prices from top-quality contractors in your area. Make sure you choose a contractor experienced in the type of renovations you need and can work within your budget and on your timeline.

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8 Top Home Renovation And Remodeling Trends For 2023

Each year, the home improvement renovation and remodeling trends change. While certain trends stick around for a while, some trends are here and gone faster than you can say remodel. So here are the top 8 renovation and home remodeling projects for 2023.

1. Spa Bathroom

Creating a serene environment in your bathroom remodel gives you somewhere to unwind and relax after a long day. Whether you’re spending more time at home or you just want somewhere to be alone with your thoughts for a while, consider a bathroom with a large bathtub, stand-up shower, low lighting and calm colors.

Bring a bit of nature into the bathroom to complete the calming environment, and don’t forget the scented candles. If your bathroom is tight on storage, add built-in shelves or cabinets to keep the room feeling clean and calm. You can have all of your necessities but keep them out of sight so that you can have the serene environment you desire.

2. Improved Outdoor Areas

Today’s trend outdoors is to make it look like your living room, but outside. Think of all of the comforts of your living room and how you can bring them outdoors. Think large sitting areas including tables and couches, beautiful rugs, pergolas to protect you from the sun, and maybe even a fireplace or TV to spend cozy evenings outdoors.

Many homeowners even have large dining tables outside and use them to entertain when the weather is nice. A pergola can provide more use of your outdoor space even when the weather isn’t cooperating.

3. Bold Wallpaper

You might think it’s a ’70s thing, but wallpaper has made a comeback. After years of intensive painting, trendsetters decided that bold wallpaper, at least on one wall, is the way to go. Not only does it catch the eye, but wallpaper is a lot easier and less time-consuming than painting.

Wallpaper goes great in any room, and it’s very easy for it to help show off the personality or style you want for the space while staying on a budget. Of course, you might not want to wrap your entire room in wallpaper but choosing one accent wall to have some “fun” is all the trend right now.

4. Large Window Banks

There’s nothing better than natural light in a home, and the best way to get it is with large window banks. Whether you add windows to multiple walls in your home or install a floor-to-ceiling window wall as the focal point in a room, the large windows will transform a space in the most beautiful way.

Natural light doesn’t only make your home more beautiful, it keeps your utility bills down too. So not only will you save money, you’ll also be doing your part to decrease your carbon footprint on the environment.

5. Multifunctional Islands

Kitchen islands had their moment in the spotlight, but homeowners have avoided them in recent years. This year they are back, and they do so much more than just act as counter space. Homeowners are saving space by installing their dishwasher, sink and trash pullout all in the island, leaving much more room throughout the kitchen for other things. Of course, an island is also a gathering place for everyone, so the trend in 2022 is large seating areas around the island for the crew to gather.

6. Multifunctional Rooms

If 2020 showed us anything, no matter how big your house was, it still wasn’t likely enough to give everyone enough workspace. That’s why in 2022, the trend is multifunctional rooms. Parents and families want to know they have the space for spontaneous Zoom meetings, at-home school, or room to work at home without tripping over everyone else.

From offices that double as rooms to do schoolwork to kitchens that double as a work zone on the fly, multifunctional rooms are needed for just about every family today. Don’t forget about the space to relax too. Today it’s not just about rooms to work in, but also rooms that allow relaxation and unwinding. Think couches in home offices, chairs in bedrooms, and extra seating in the kitchen so the kids or your spouse can converse with you while you cook, bake, or just get ready for the day.

7. Functional Mudrooms

Every home needs a “drop zone” or a place everyone can transition from coming outdoors to being ready for the indoors. Shoe racks, closets, and areas to wash up are just a few of the key features of a functional mudroom.

Today’s mudrooms are sleek and offer more than a washer and dryer. They are the room where everyone cleans up and gets rid of dirty clothing from being outdoors or away from home and into the clothes that will keep the house clean.

8. Built-in Storage

Even if you live a minimalist lifestyle, you’ll need plenty of storage. Today’s trend is built-in storage to hide what you need while keeping your home looking and feeling sleek. Think pull-out shelves, cubbies in mudrooms, bathroom hooks and cubbies to finagle all the cords and accessories, and stylish open shelving for bedrooms and bathrooms for decor and storage.

Built-in storage can be open or closed and hidden. You decide what look you’re going for in your home, but you can make use of your walls to have the storage you need without taking up too much space.

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Home Remodel Search Overview

We researched 2021’s top home remodel Google searches to see what trends homeowners were interested in.

  • April: Homeowners were looking at “home remodel ideas” the most. As spring hits, more homeowners start thinking about what they can improve.
  • May: The search term “home renovation costs” increased quite a bit as homeowners became more serious about the changes they wanted to make.
  • June: “DIY home renovation” searches increased as more homeowners tried to keep costs down and do things themselves.
  • July – August: Homeowners became more specific in their searches as they searched specifically for different types of renovations.
  • August – September: Homeowners searched “renovation permit” the most as they got more serious about doing the renovations.
  • October: In the final stretch, homeowners searched “home renovation company” as they finalized their plans.

Renovation And Remodeling Interest By Room

It’s interesting to look at this renovation and remodeling data by room but also by state. While many variables affect the popularity of remodeling and renovation choices, there are also different trends according to different states.

Here’s what we found:

Kansas: Kitchen

Kansas kitchen remodeling boasts gorgeous backsplashes and luxurious cabinets. However, we’re also seeing bright and bold colors with those cabinets, not your typical kitchen remodel brown or white cabinetry. Some homeowners are also incorporating natural wood in their kitchens. But don’t be surprised if you see navy blue or even green cabinets popping up in homes everywhere.

As for countertops, we’re seeing waterfall countertops and sleek, contemporary colors with little to no decor on top, keeping with the clean lines look. It’s all about openness and cleanliness as we move to live simpler lives today.

Alaska: Bathroom

Bathrooms are an essential room in the home, and in Alaska, they want their bathrooms to be warm, welcoming and relaxing. As a result, many remodelers are doing shaker-style bathrooms. Think paneled doors, simple and clean lines, reflecting minimalism. The classic texture stands the test of time, so you don’t have to worry about it being a fad or having to do upgrades in a couple of years.

We also see dark and dramatic color schemes in bathrooms in Alaska. While you might not think about black for a room, it is very modern and sleek even in small bathrooms, giving it the updated look you desire.

Whether you’re looking to update a guest bathroom or you want to make your main bathroom a spa masterpiece, these trends can help you achieve the look you desire.

Washington: Bedroom

In Washington, they are all about relaxation and feeling well, which is why bedrooms are more aesthetically pleasing and almost “simple” to keep the mind relaxed. Plush bedding, soft furniture and neutral colors are the trends we see, along with less wall decor and calm colors on the walls.

We’re also seeing boutique-style guest rooms in homes. As we open up more and can welcome people in our homes, people in Washington want guest rooms reminiscent of a hotel room, giving their guests all the comforts of home. Most people are happy to welcome loved ones back to their homes and want to treat them like royalty.

Arkansas: Home Office

Home offices have taken on a significant focus everywhere, especially in Arkansas. As families scrambled to find enough room for the kids to do school and parents to work, it became apparent that home offices needed a lot of attention.

We’re seeing more built-in desks that wrap around the room to leave plenty of space for things like couches and coffee tables for relaxation, too. Home offices are also much bigger in Arkansas as more families renovate and add onto their home office to make room for everyone and everything.

The Bottom Line

Renovation and remodeling for a home can help increase its value. While there’s no guarantee your home’s value will increase, certain home renovations and remodels can significantly increase a home’s worth. If you’re looking for money to remodel or renovate your home, check out your refinancing options to tap into your home’s equity to renovate your home.

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Sam Hawrylack

The Rocket Mortgage Learning Center is dedicated to bringing you articles on home buying, loan types, mortgage basics and refinancing. We also offer calculators to determine home affordability, home equity, monthly mortgage payments and the benefit of refinancing. No matter where you are in the home buying and financing process, Rocket Mortgage has the articles and resources you can rely on.