ReCasa Financial Blog

As real estate investors, you know that renovating kitchens and bathrooms will give you the biggest return on investment, or ROI. This fact hasn’t changed in years. Interior design trends change every few years. If a property looks outdated, you may turn away potential homebuyers.

Real estate professionals are reporting that ceramic tile and some styles of granite (especially the darker, speckled granite) kitchen counter tops are outdated for the up coming year. As for bathrooms, 2023 trends include

·       Double showers

·       Wood looking materials

·       Monochromatic color schemes

·       Mast bathrooms with flowy and floral patterned wallpaper

Kitchens and bathrooms are not the only rooms that you can renovate to boost ROI. It should be a given, but a home’s curb appeal should be priority. If the home doesn’t draw attention from the road, then people will not be drawn to view the property. Landscaping, fixing rotting wood, cleaning siding, and touching up paint are some of the best exterior ways to boost ROI.

To learn about the paint colors for 2023, read this - Every 2023 Color of the Year We Know So Far (bhg.com)

According to HGTV, in 2023, we will see

·       Translucent furniture being replaced by wood furniture and pearl looking furniture

·       Less buffalo-checker and more maximalist furniture and bold patterned wallpaper 

·       Industrial looking light fixtures being replaced with sleek, curved lighting fixtures

·       Matte-black hardware being replaced by those in metallic tones

Which 2023 real estate design trends will you be following?