Change is becoming a welcome concept for builders, as many are embracing innovations and changing consumer tastes. At the same time, trends in the markets have a major impact on construction professionals, who must constantly keep up with the strength of the industry. Here are five home building trends that are gaining popularity this year:
1. Tiny Homes
One of the most significant changes among the trends in home design and construction is that homes are actually getting smaller, according to a survey by the National Association of Home Builders (NAHB). Part of the reason why tiny homes are trending is the recent downturn in the economy, which made a lot of consumers more conscious of their finances. Another is a renewed focus in lowering heating and cooling costs, diminished expectations for home price appreciation and an aging demographic that doesn’t require huge amounts of space.
2. Green Homes
With the constantly changing environment around us, it’s important to be environmentally aware and active. It’s even more important when you consider how much money you can save by building a green home. The methods and ways builders and homeowners switch from an emission-producing powerhouse into more of a greenhouse are easy and simple concepts. Green home building trends include: installation of energy efficient equipment, solar panels, proper insulation, use of sustainable building materials, tankless water heaters, and use of recycled materials.
3. Take Risks
In this age of customization, home buyers are looking for unique features that make their homes individual and “one-of-a-kind.”
5. Formal Gone Casual
With the phrase “open concept” being tossed around in every home design magazine and T.V. show, some home builders may think that formally designated spaces are a thing of the past. However, it is possibly more accurate to say that the formal rooms still exist, they just function differently. Multi-functional spaces are taking precedent over small, closed rooms only used for fancy furniture storing. A formal dining room may still exist in a home, but it now will have the ability to host everything from a casual brunch to a five-course meal because of its open design.