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Home Improvement Trends
Home Improvement Trends
For larger, one time expenses or ongoing access to funds, the equity in your home may be a strong tool in your toolbox to transform old spaces into new ones. Consider a CEFCU Hybrid Home Equity Line of Credit (HELOC) for your projects.
How Painting These Seven Rooms Can Increase Resale Value
- Bathrooms +150% ROI
- Bedrooms +50% to +150% ROI
- Dining Room +75% ROI
- Kitchen +200% ROI
- House Exterior +107% ROI
- Living Room +125% ROI
- Office +85% ROI
Use the equity in your home — here are some top home improvement trends to consider:
Swapping upper kitchen cabinets for open shelves can make a kitchen feel larger and brighter. If you’re not ready to give up all your upper cabinet space, test the look and functionality by replacing a couple cabinets with open shelves for a lower cost commitment and a more current look.
If you have mainly black or white finishes throughout your home, consider mixing metals. For rooms with warmer color palettes, brass and copper are top choices. For cool palettes, pewter and stainless steel are trending.
Open Floor Plans
Not only do open floor plans make spaces look larger and often allow for more natural light, they also make cooking, dining, and gathering spots more flexible. The most common trend is kitchen spaces that open into a family room or great room.
Multi Generational Living Spaces
There’s a growing trend to accommodate different ages under the same roof, including aging parents and kids transitioning from school. To accommodate different generations, consider widening hallways and doorways and adding walk in or seating areas in showers for accessibility; changing flooring across rooms with a consistent surface to handle higher foot traffic; and even adding a second kitchen in a different part of the house to create a more independent living space.
Mudrooms aren’t new, but families with kids are adding or renovating entrance areas. Updates include installing tile, painting colorful wall spaces, and adding sitting areas (so kids can take off shoes, unload sports gear, etc.) and cubby spaces or lockers to store items like coats and backpacks. It can make cleaning and organizing much easier, too!
Paint is still the most affordable and impactful renovation. White and grey continue to be top color choices, but there’s a trend to warmer, earthier beige and blue tones. Deep colored accent walls are also popular for adding depth and dimension to rooms. Navy is the new, rising “color star,” as it coordinates well with many base colors. A simple paint change can help the value of your home.*
Find out how much equity is available in your home by applying for a CEFCU Hybrid HELOC.
Enjoy a great rate and personalized service. There’s also no annual fee, no early payment penalty, and no termination fee. A win win to improve the look and feel of your current home and help increase its value.
*Source: remodelingexpense.com