To say that 2020 threw us an unexpected curveball would be a large understatement. Every aspect of our lives was affected, including the real estate market.
We never expected to spend so much time at home and be working at home. In turn, what we wanted in a home a year ago was completely different than what we're needing in our homes today and going forward.
Moving towards 2021, the predicted real estate trends are much different than previous years, although, very expected considering the circumstances.
Here are a few of the real estate trends predicted for 2021:
Demand for a home office has increased substantially. With many people continuing to work from home on a regular basis this feature will be happily welcomed by potential buyers. Keep in mind, a home office can also be used as a learning centre for students who are studying at home. Having a private, quiet, bright room with a desk, chair and the required communication connections will appeal to families as well as singles when selling your home.
Textured Accent Walls
As we're spending more and more time at home, we're beginning to look at new ways to be creative and change the look of a room. Try not to think of your grandmother's textured walls of butterflies and teapots, think of fun, artistic designs that add colour and personality to a room.
Another popular trend prediction will be wood on walls, whether it be an entire room or just an accent wall, the look of bringing wood flooring right up to the top of the wall is proving to be quite popular.
In recent years, many homeowners chose to shy away from the cozy look and went with a modern, clean, crisp look. However, as we've all become homebodies this past year, we are seeing the trend towards comfort and warm colours increasing. When a buyer comes to view your home and immediately 'feels at home' they will begin to envision themselves living there and their belongings in your home, turning a viewing into an offer to purchase very quickly!
Outdoor Living Space
We've mentioned this in a few previous blog posts and it especially rings true for 2021, buyers crave outdoor living space. A place to spend time, relax, and entertain outdoors almost feels like added square footage to the home. An outdoor cooking area, seating area, and fire pit will impress even the most indoorsy of buyers!
While we can't guarantee that these features are exactly what all buyers are looking for, we can assure you that it's something that will tick the boxes of the majority and they are the top 4 real estate trend predictions for 2021.