As we enter a new decade, it is likely time to start looking at the design trends that will impact your rental property over the following year. Keeping up with the 2020 design trends will help to keep your rental property appealing to potential tenants. Predictions in home design trends will help you to make the best decisions for upgrading or otherwise renovating your rental property.
Subdued Design
Minimalism is predicted to be redesigned in the upcoming year. The reimagining will provide beautiful, subdued designs. This design is likely to feature neutral hues that contrast with strong, geometric forms. The new design trends will mimic nature, providing a peaceful environment in which residents can relax.
Sustainability
In 2020, most experts agree that sustainability is no longer a luxury, but rather a necessity. Homebuyers and tenants are placing sustainability ever higher on their requirements list, so it is vital to incorporate these practices into your rental property. Obtain furniture made from natural wood or other sustainable resources and invest in improving the energy-efficiency of the building. This will provide multiple advantages, as it can protect the environment, appeal to a larger pool of tenants, and lower related utility costs.
Multi-Use Spaces
Gone are the days of a finished basement being used purely for a workout space. Multi-use spaces are increasing in popularity. This means that more spaces will be intended for multiple purposes. Guest rooms can be combined with office spaces, workout rooms can double as home theaters, and much more. Implementing these spaces will add efficiency and luxury to your rental properties.
When you invest money in upgrading or redecorating your home or rental property, the last thing you want is for the building to appear outdated. Keeping up with the 2020 design trends can help to ensure that your property stays appealing to potential tenants. To learn more about the upcoming trends in 2020, contact us at the Keyrenter in Elite today!
