Planning on crafting your new custom home or embarking on luxury renovations in 2024? You have an exciting adventure ahead! Before finalizing the blueprints and interior design plans, don’t forget to check out the luxury design trends emerging in the New Year.
Wondering what’s in and what’s out? Tom Len Custom Homes is taking a look at the luxury home decor and design trends shaping 2024…
Most Popular Desires for New Home Builds and Renovations
Home improvement projects have been the rage after the pandemic. The higher interest rates and a slow buyer’s market have encouraged people to opt for home remodeling (or building their own home tailored to their desires) rather than buying an existing house. Their goal is to transform their current living space into their dream home and maximize the square footage on hand.
“Construction services are +114% YoY and room remodels are up +38.9% YoY, with people prioritizing upgrading kitchens, living rooms and bathrooms. 3D modeling requests, which give homeowners a clear vision of how renovations will look, are up +188.3% YoY, showing that homeowners are committed to turning their current home into their dream home.” Thumbtack
Let’s see what home renovations are trending right now:
- Kitchen remodels are likely to top the list this year as well. Minimalism is in, and luxury kitchens are all about natural stone countertops, custom wood cabinetry, and smart appliances. Turn your kitchen into a piece of art instead of just a cooking space. Induction cooktops continue to increase in number, phasing out gas ranges for safety and sustainability.
- Luxurious bathrooms are the new personal spas. People are upgrading their bathrooms with fixtures like heated floors, soaking tubs, and steam showers. Bathroom designs are not to be ignored either, with extravagantly detailed vanities, bold wallpapers, and tile backsplashes. Not only do gorgeous bathrooms boost your quality of life, but they’re also proven to increase the value of your home!
- Yards, decks, and porches are also gaining a lot of attention. People are more inclined towards nature and want their homes to be a sanctuary – enabling them to enjoy luxury and nature together. With revamped decks, jacuzzis, infinity pools, and impeccably landscaped yards, you can convert your backyard into your outdoor retreat!
- Smart storage spaces are a must! Closet remodels are up with a majority of homeowners remodeling because they want to add storage and built-in shelving. Similarly, garage additions or remodels are up with almost a third of the remodels being driven by a desire to add more storage space. New cabinets? Yes, please!
Pantone’s Color of 2024: Peach Fuzz
Colors are more than just visuals – they echo your mood and make a statement. Pantone’s color of the year, Peach Fuzz, hits the spot for homeowners remodeling their living spaces. “In seeking a hue that echoes our innate yearning for closeness and connection, we chose a color radiant with warmth and modern elegance,” Leatrice Eiseman, executive director at Pantone Color Institute, said in the brand’s announcement. “A shade that resonates with compassion, offers a tactile embrace, and effortlessly bridges the youthful with the timeless.”
Luxury Home Designs Emerging in 2024
These are the most searched home terms in Chicago from 2023: Hardwood floor, Central air conditioning, Basement, Elevator, and Garage. Let’s not forget about the cultural shifts toward aging in place, multi-generational family living, and opting for sustainable features!
Wondering what’s on the horizon? Whether you’re the artsy type, love nature, or like to stay active, there’s a trend on this list for every interest! Before you finalize your gorgeous remodel or new build plans for 2024, here are some home design trends to take note of…
1. Smart Home Sanctuaries
It’s the era of automation and smart technology is making homes the perfect sanctuaries for residents. Everything from lighting and heating to climate can be seamlessly managed and controlled to create the perfect atmosphere in your abode. Smart home design sets the right mood and offer unparalleled luxury. Smart mirrors, voice-activated technology, and temperature-regulating beds are redefining opulence and luxury living. For safety, think smart locks, smart security cameras, smart lighting. A.I.-assisted homes are all the rage for ease of living!
2. Nature-Inspired Retreats
No matter how modern our home design is, we do need some outdoor, natural experience. Expansive windows and glass walls can create the illusion of your home being one with nature, essentially placing you in Mother Nature’s lap. With a mix of plants, textures, colors, scents, sounds and even edible elements, sensory gardens are captivating the hearts of homeowners and home buyers. Get ready to see more earthy color palettes, as well!
3. Artistic Fusion
Not everyone has an eye for art, but there’s no doubt that statement pieces can elevate your home’s character and depth. Bespoke pieces like sculptures, murals, and art installations can make your home look like an artistic masterpiece. “There will continue to be a greater demand for handcrafted, artisanal, and local pieces in lieu of mass-produced items. We’ll also see more “fun and whimsical” classic elements, including curves and scalloped edges, ”
4. Wellness Havens
Post the pandemic, the focus on health and wellness has increased, even in home design. Design your home to be the ultimate sanctuary – where you seek comfort and peace and feel refreshed. Adding a meditation room, a state-of-the-art fitness center, and an in-house personal spa can turn your home into a fitness and wellness retreat, customized for your family’s unique needs and interests.
5. Interactive Kitchens
Kitchens are no longer the functional, practical spaces we tucked away behind doors. Stylish and smart kitchens are what you are looking at in 2024. Smart appliances that regulate temperature, can be controlled remotely and inform you when the groceries need to be restocked. The kitchen is no longer a boring space – it can be the heart of your home with custom cabinetry, natural stone countertops, and backsplashes!
6. Opulent Libraries and Home Offices
The remote work culture is booming but your office space need not be a boring workstation. It is one space that you can design to be timeless and classic. With leather upholstery, mahogany desks, and shelves, and moody seating next to a fireplace, upgrade your home office and library to a rich and stimulating space. Enjoy the comfort and richness of your home as you challenge your mind and take on your professional life!
7. Bespoke Wine Cellars & Custom Bars
Wine cellars are no longer a luxury. For joyous wine lovers and enthusiastic hosts, they are a necessity. An underground cellar need not be dark and cold! Instead, opt for a temperature-controlled space with stunning custom shelves for your collection. Plus, custom wet/dry bars are all the rage. Entertain friends with their favorite cocktail, chat at the bar stool, and play a game of pool – all without leaving your home!
8. Tech-Integrated Lounges
Entertainment has always taken center stage in our lives, and it’s time in-house entertainment gets its fair share of our attention. Set up a lounge perfect for hosting guests, game nights, and more with the latest technology. You can incorporate home theaters with cutting edge entertainment, audio-visual systems and VR technology to have the best entertainment at your fingertips. Do you have a basement that’s collecting dust? It might be time for a makeover!
9. Luxury Outdoor Experiences
Homeowners are opting for luxury outdoor experiences and amenities in their everyday life, such as an infinity pool with a view. Upgrade your swimming pool to an infinity-edge design, seamlessly merging your pool with the landscape. Or consider installing a state-of-the-art pickleball court to bring the game to your yard: “Since pickleball is such a social sport, an at-home court has become the latest entertaining feature, like an outdoor kitchen or a pizza oven.”
Craft Your Stunning, Unique Luxury Home with TLCH
These trends are a good place to get some inspiration for your own home project. See something you like? Take notes and bring this decor inspo with you as you consult with our team on your custom home blueprints or renovations.
The North Shore’s premier homebuilder Tom Len, our incredible craftsmen, and one of Chicago’s best interior designers, Rachel Gilman, are here to make sure your beautiful, unique new home build – or breathtaking renovation – includes all the latest interior design must-haves for today’s homeowners.
Allow the Tom Len Custom Homes team of professionals to make your family’s dream home vision come true! Our firm has earned a 5-star reputation for high quality materials, excellent custom service, unique designs, and an eye for the exquisite.
