Modern Flooring Trends with Great ROI

Several ways to spruce up your home and increase its value include updating the kitchen, a bathroom makeover, or adding a fresh coat of paint. However, one of the most impactful changes you can make is updating your flooring. If you’re considering this but aren’t sure where to start, you’re in the right place. Flooring is a crucial part of any home, impacting both its look and function. It sets the tone for a room, influencing the overall ambiance and feel. The right flooring can make a space feel warm and inviting or sleek and modern. Recent flooring trends are emphasizing enhanced comfort underfoot, improved indoor air quality, and better acoustics for your home. Let’s dive into the top 2024 flooring trends to help you make smart choices and get the most out of your flooring renovation.

How Flooring Can Increase Your Property Value

Investing in high-quality flooring can significantly enhance your home’s return on investment (ROI) by boosting its market value. It can speed up the sale of your home so that it doesn’t sit on the market too long. Updated, cohesive flooring can create a polished, modern look that attracts potential buyers and allows for a higher asking price. Buyers often seek homes with low-maintenance and durable flooring, reducing future expenses. Keeping up with flooring trends in 2024 helps you maximize your ROI by incorporating the latest styles and innovations. By aligning with these floor trends, you can ensure your home remains appealing and competitive in the market.

Floor Trends by Material Types

Choosing the right flooring for your home offers a wide range of options, each with its own unique benefits and styles. From the classic charm of hardwood to the modern practicality of luxury vinyl, there’s something for everyone. Staying on top of flooring trends in 2024 can help you pick a material that not only looks great but also fits your needs perfectly.

Luxury Vinyl Plank (LVP)

Luxury Vinyl Plank (LVP) is still a favourite for homeowners and investors. LVP gives you the look of hardwood without the high cost. It also offers great resistance to water and scratches, making it perfect for busy areas and homes with pets or kids. Thanks to advancements in technology, LVP now comes in a variety of textures and colours, closely mimicking the look of real wood and stone. In keeping up with floor trends, LVP remains a practical and stylish choice.

Engineered Hardwood

Engineered hardwood is a great choice if you want the classic look of wood without the high maintenance and cost of solid hardwood. It has a top layer of real wood bonded to multiple layers of plywood, making it stable and resistant to moisture. Plus, you can sand and refinish it, which helps extend its lifespan and keep its value.

Porcelain and Ceramic Tile

Porcelain and ceramic tiles are super durable and offer endless design options. They’re especially popular in kitchens and bathrooms because they resist water so well. Modern designs can mimic natural materials like wood, marble, and concrete, giving you a luxurious look without the high expense. These tiles are also easy to clean and maintain, making them a practical choice for busy households.

Sustainable and Eco-Friendly Materials

Many homeowners are going for eco-friendly flooring options, combining sustainability with modern design. Bamboo and cork are top picks because they are renewable and have minimal environmental impact; plus, they look sleek and contemporary. Reclaimed wood is also popular, adding a unique, rustic charm that promotes recycling. Innovations like recycled tiles and carpets made from recycled plastics are becoming more mainstream, offering stylish patterns and textures.

Flooring Trends in 2024 in Terms of Design

Flooring trends in 2024 are all about style. Homeowners are opting for bold patterns and unique textures, balancing contemporary aesthetics with timeless appeal. This shift shows a growing preference for floors that not only look great but also transform the overall ambiance of a space.

Wide Planks and Herringbone Patterns

Wide plank flooring is in vogue, offering a modern and expansive look that can make rooms appear larger. Plus, floor trends like herringbone and chevron patterns are making a comeback, adding a touch of elegance and sophistication to any space. These patterns can be achieved with both hardwood and luxury vinyl, providing flexibility in terms of budget and maintenance.

Geometric and Graphic Designs

Geometric and graphic designs are gaining popularity, allowing homeowners to make bold statements with their flooring choices. These designs can be intricate and eye-catching, adding a unique visual interest to any room. Tiles and luxury vinyl are often used to create these striking patterns.

Natural Stone and Terrazzo

Natural stone and terrazzo are also popular flooring trends, offering a luxurious and timeless appeal. Natural stone, such as marble and slate, brings an elegant and classic look, while terrazzo, with its mix of marble, quartz, and glass chips, adds a unique and contemporary touch. These materials not only enhance the aesthetic of a home but also offer durability and easy maintenance, making them a practical choice for high-traffic areas.

What Hardwood Floor Colours Are Trending?

2024 flooring trends are embracing both serene neutrals and bold, dramatic hues. This year, homeowners prefer versatile shades like grey and beige for a timeless look, while deep, rich colours like charcoal and espresso are making striking statements in modern interiors. When considering what hardwood floor colours are trending, these shades are at the forefront of modern design, offering a blend of classic elegance and contemporary flair.

Neutral and Natural Tones

Neutral hues remain popular, with shades of grey, beige, and taupe dominating the market. These colours create a calming and versatile backdrop that complements various interior design styles. Natural wood tones, ranging from light oak to rich walnut, are also highly sought after, providing a warm and inviting atmosphere.

Bold and Dark Hues

For those looking to make a statement, bold and dark hardwood floors are gaining popularity. Deep, rich colours like espresso, charcoal, and black add drama and sophistication to a room. These darker shades can create a striking contrast with lighter walls and furnishings, making them a focal point of modern interior design.

Investing in the right hardwood flooring can really boost your home’s value and appeal. In 2024, staying on top of trends like wide planks and popular colours—neutral tones and bold hues—will keep your flooring looking modern and desirable for years to come. Looking to sell your home? At RE/MAX, we can give you expert advice on home improvements that can help you increase your home’s selling price. Reach out to a RE/MAX agent today