Alaska Housing Finance Corporation :: Home Renovation Trends: Sustainable, Smart and More

April 21, 2023 at 12:10pm in Headlines, Homeownership

Home improvement is a constantly evolving industry and every year brings with it new trends and styles. Home renovation experts anticipate trends in 2023 will emphasize sustainability, technology, outdoor living amenities and the ability to serve multiple purposes.

Whether planning a major renovation or improving energy efficiency opportunities, these trends are helping many homeowners create beautiful and functional living spaces that reflect their personal styles.

Sustainable Materials

There is a growing trend towards using sustainable materials in home improvement projects. From eco-friendly flooring options to energy-efficient appliances, homeowners are looking for ways to reduce their carbon footprint and make their homes more sustainable.

Smart Home Technology

Smart home technology has been around for a while, but it’s becoming more accessible and affordable. Homeowners are increasingly looking for ways to automate their homes, from smart lighting and thermostats to voice-activated assistants and security systems.

Multipurpose Spaces

With more people working from home, there is a growing trend towards creating multipurpose spaces. Homeowners are looking for ways to create workspaces that can double as guest rooms, exercise rooms or entertainment spaces.

Outdoor Living

Outdoor living spaces are becoming increasingly popular, with homeowners looking to create comfortable and functional outdoor spaces for relaxing and entertaining. From outdoor kitchens and fire pits to comfortable seating and lighting, there are plenty of ways to create an inviting outdoor space.

Thinking about a renovation project for your home? Alaska Housing provides loan options that can help make it happen. Learn more about our renovation loans or visit us at one of the upcoming home shows we will be attending: