If a home renovation is at the top of your New Years’ Resolution List, you’re not alone. A report released earlier this year by Toronto real estate consultants, Altus Group, showed spending on home renovations by Canadians has been steadily rising (doubling in the past 15 years) with no signs of slowing down. But which renovations will be leading the way in 2015?
Open floor plans
Knocking down walls to create open living spaces has topped many home renovation lists in 2014 and will continue to top renovation wish lists in 2015. An open floor plan that eliminates hallways not only creates more usable space, especially in smaller homes, but optimizes quality family time. “Great rooms” that combine the kitchen, family room and dining room create a more relaxed space where the entire family can spend time together.
Maximizing outdoor living spaces
Families are expanding beyond the four exterior walls of the home and heading outdoors. No longer is the backyard an area for play and barbequing during the steamy summer months. Screened in porches and outdoor kitchens are making the backyard an extension of the family home all year round. Some outdoor kitchens are even more elaborate than the indoor kitchen and feature pizza ovens, built in barbeques and beer and wine fridges. Outdoor living room furniture and fire pits create a cozy outdoor oasis that can be used all year long.
Focus on natural
Natural products such as wood and stone will continue to be popular in 2015. Porcelain or ceramic tiles that have the look and texture of wood will continue to be in demand for homeowners who like the natural look of wood, but not the maintenance. Natural stone backsplashes will continue to be popular in kitchens in 2015 as a focal point that adds texture and visual interest. While granite countertops will remain popular, there’s another stone that’s increasingly being incorporated into kitchens and baths – quartz. This nonporous surface is resistant to stains, scratches and moderate heat, plus unlike granite, it doesn’t need to be sealed and is easy to clean, making it an attractive material in kitchen and bath renovations.
Aging in place renovations
As the population ages, more and more homeowners are wanting to stay in their homes and are making changes to their space to increase comfort and accessibility. Renovating bathrooms to include walk-in showers instead of traditional bathtubs, relocating laundry and even a master bedroom to the main floor and expanding doorways to accommodate wheelchairs and assisted mobility devices are just some of the ways homes will be changing to accommodate the growing senior population.
With more and more people now working from home, the home office is almost as essential as the kitchen. Homes that cannot accommodate a separate room for a home office are getting creative and building office spaces into nooks underneath staircases or transforming a closet into a workspace.