5 reno trends to watch out for in 2023

Home Renovation

Real Estate

Team MONEYME|30 January 2023| 2-minute read

Another year, another suite of trends hits the reno space. In 2023, experts are predicting an obsession with textures, more extreme takes on sustainability, a focus on mindfulness, and more. 

Here are 5 trends that every real estate agent should know. After all, selling a property is often about selling a vision for the future—so it’s smart to have some ideas up your sleeve.

1. Textures, textures, textures

In 2023, varied textures are going to be all the rage. 

Forget plain, flat, eggshell-painted walls. Think Venetian plaster, drywall mud, and sand-spiked paint. And keep an eye out for opportunities for statement wallpaper, which is often a more affordable alternative.

2. Extreme sustainability

Sustainability has been on every interior designer’s lips for years. But, in 2023, things will be taken to greater extremes. 

Renovators will want to know the exact environmental impact of their project—and how to lessen it. Techniques might include repurposing second-hand materials, ensuring every element of every material in the renovation is used, and dramatically increasing greenery. 

3. Making spaces for mindfulness

With so many people working from home, it’s more important than ever to have peaceful spaces to escape.

Increasingly, renovators will want to create spaces where they can do just that. Think tranquil corners for meditation, rooms dedicated to yoga, and calming interior design. Some might want to go even further—with spas, saunas, and plunge pools. 

4. Statement lighting

Renovators are going to push their lighting to do more than simply illuminate in 2023. 

Instead, lighting will become another artform. On the up are ornate ceiling lights, sculptural bedside lamps, and beautifully backlit panels. 

5. Bold, vibrant colours

After the dreariness of the pandemic, renovators are ready to brighten up their surroundings.

So, it’s goodbye to neutral creams, beiges, and greys, and hello to bold colours. These will range from feature walls and statement artworks, to accent cushions and rugs.

For real estate agents, understanding renovation trends is vital, because selling a property is often about selling a vision of the future. Remember, your clients can access up to $35,000 for renos via ListReady, without repaying until settlement.

Key takeaways

Five renovation trends expected in 2023 are: 

• Textures, including Venetian plaster, drywall mud, and statement wallpaper
• Extreme sustainability, such as ensuring all materials used in a renovation aren’t wasted
• Creating spaces for mindfulness—from meditation corners to steam rooms
• Statement lighting, such as sculptural bedside lamps
• Bold, vibrant colours, from feature walls to accent rugs