According to the latest forecast from the National Kitchen & Bath Association, remodeling, as opposed to new construction, will sustain the kitchen and bath industry in 2023. For one thing, the number of homes entering their prime remodeling years (20-39 years old) will increase by 2.9 million by 2027. In addition, nearly 90% of outstanding mortgages are locked in at rates below 5%, “These homeowners are choosing to remodel rather than to move.” the association said.
With remodeling on the rise, let’s hone in on one of the more private rooms in the home, the bathroom, and take a look at what’s trending for 2023.
Owners are creating a spa atmosphere they can enjoy as they age. The top emerging trends are removing bathtubs to increase shower size (77%), removing walls to expand primary bathroom footprint (63%), and connecting to closet/dressing area (58%).
Sustainability trends also extend to the bathroom, with 100% LED lighting, electric radiant flooring, and EPA WaterSense faucets/shower heads/toilets, as top features.
Somewhat similar to kitchens, top bathroom styles include transitional (69%), contemporary (59%), organic/natural (59%), and modern (57%), while the top-of-mind colors include blues, greens, whites, grays, and neutrals. In addition, designers will utilize bold colors on vertical surfaces, vanities, and artwork to create contrast.