Repurposing living space and making homes 'fun' are set to be the top renovation trends in 2023, according to a new report.
Experts from Rated People have analysed more than one million home improvement jobs from its platform and interviewed thousands of UK homeowners to get insights. The research said the "race for space is over" with the impact of the Covid-19 pandemic no longer influencing the way people are adapting their homes.
The report said homeowners are now "shifting from maximising space to optimising design" and re-purposing is set to be a huge trend.
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It added: "Alongside the usual staples like painting and decorating, new kitchens and bathrooms, homeowners are now also keen to create better storage, walk-in wardrobes, saunas, home bars, games rooms and playrooms – homeowners want their homes to be fun again – not just somewhere where the home office is."
Interior design trends are set to be "earthy colour palettes, curved lines, biophilic design and natural materials" with colours such as green, beige and taupe taking centre stage.
Elsewhere, Rated People said the cost of living crisis could have a "huge impact" on home improvements and renovations, with demand likely to slump.
They added: "This year, as people across the UK are understandably looking to rein in spending, fewer homeowners are planning home improvements - 35% say they will definitely be improving their homes, which is down from 52% in 2022, and 26% say they’re unsure.
"The rising cost of materials, along with increasing operational costs for tradespeople, has pushed up prices for home improvement jobs. Almost nine in ten (86%) tradespeople will be increasing their prices in 2023."
Despite rising costs, Rated People said more owners are looking to renovate to "beat the property market", either doing up their existing homes or buying places that need a little work to save money.
Eco-improvements are also moving up the agenda and are set to "increase significantly" in 2023, with two in three homeowners making their property more eco-friendly in 2022.
Adrienne Minster, chief executive of Rated People, said: "The pandemic influenced the way homeowners have adapted their homes over the past two years, but it’s the cost-of-living crisis that’s now having a huge effect.
"With costs increasing for tradespeople, and prices rising for homeowners, the home improvement landscape is looking quite different this year to the home improvement boom that we saw in 2021 and 2022."
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