Design Trends That Will Impact the Luxury Home Market in 2023

Emerging Design Trends and the Changing Priorities of Affluent Homeowners:

Over the last few years, a stark minimalism characterized by bland color schemes seemed to dominate design trends throughout real estate. A lot of these design choices seemed to correlate with the pandemic and a more sterile approach to living. In 2023 though, that’s all about to change.

According to this year’s most popular design trends, warmer color palettes and textures are taking over. Accent walls are growing increasingly popular, especially those that incorporate patterns via high-end wallpaper. Also making its rounds in the luxury residential market? Luxury vinyl flooring that’s durable enough to stand up to high foot traffic and wear and tear.

Bringing inside elements outside is another trend that’s growing in popularity. With many homeowners wanting a more seamless transition from indoors to out, and ample natural light sources becoming increasingly important, biophilic design is becoming a more popular option. In 2023, design trends are set to be a lot more colorful, have much more personality, and focus on bridging the gap between the home’s interior and exterior living spaces.

Topics Discussed During this Episode:

• How design trends are shifting in a post-pandemic world
• Why color is being utilized in a much bolder way
• The return of textured wallpaper
• Where vinyl flooring is being incorporated in a luxury home
• How architecture and design are adapting to the most recent trends

Resources Mentioned During this Episode:

• REAL Marketing
• The Institute for Luxury Home Marketing