HomeBusinessNew year, new homes

New year, new homes

It’s the second week of the new year and it’s probably a good time to outline how homeownership has changed, not just during the past year, but beyond. Design space has had a surprising shift and lifestyle an even bigger one, all resulting in a subtle revolution in housing.

For starters, the demand for larger homes in 2020 has built on the desire to live in more space than ever before in our country. The average home built in the early 1950s was the hard-to-believe number of about 950 square feet. By 2017, the average new home size had almost tripled to 2,700 square feet, and when the analysis of 2020 new home building is done, we will certainly see that number go up as well.

Single homeowners and single women homeowners have changed a lot since the 1950s, when the vast majority of homes were owned by married couples. Today, almost 40% of homeowners are single, and today, a single woman is about twice as likely to buy a home as a single man. Here again, 2020 could increase those numbers too.

The really big financial change from 1950 is that about 60% of homes then were owned outright and only 40% carried mortgages. Today that ratio is reversed, and with the current extremely low mortgage rates, homeowners with mortgages will probably increase even more.

The COVID-19 pandemic and lockdown jolted our lives, locked us in our homes and drove us out of the big cities. So, what’s next? Chances are, probably more of the same. Working from home, schooling from home, cooking from home and moving to the country and suburbs to give our families space has changed our housing needs.

The ubiquitous open floor plan concept has been the dominant home design for decades, and if the pandemic hadn’t change our lives, would probably have continued for several decades more. However, the necessity of home offices, areas for schooling children and just the plain old need for privacy has changed.

Everything from city apartment dwellers using movable bookcases to provide refuge spaces to the popularity of dens and adult studies have been carved out of the open floor plan. And with the new-found experiences of learning and working virtually only exploding in the future, it’s likely that protected niches and nooks will take over soaring ceilings and bowling alley-size living space.

According to a recent article in the Wall Street Journal, home decorating for the new year also has some changes ahead, keeping the psychology of cozy is better and less is more. White, sterile-looking bathrooms are out being replaced by a softer, more natural look. Open-air showers are bringing us back to nature and out of the hustle-bustle of cities. Glitz in fabric and design schemes are out but soft fabrics that are touchable like velvet and mohair are in. Open shelving in kitchens is – thank goodness – out. Neat kitchens that people actually cook in are in, with seamless façade cabinets eliminating hardware. Smart kitchen faucets that are not only hands-free but respond to voice commands are in. Paint colors are also going through a reset, with deep green, blue and gray evoking calmness, replacing white. And finally, true farmhouse décor with barn door sliders is out, replaced with a modified version, less barn, more user-friendly.

Men don’t wear ties to mow the lawn like they did in the 50s and most women don’t own frilly aprons and prepare dinner in pearls, but much of our 50s experience is returning. Homes with yards, do-it-yourself home projects and cooking family meals is a good thing. As the new year unfolds, there will be plenty more changes to our culture and lifestyle influenced by the COVID-19 pandemic. We’re almost there; stay safe.

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