Residential Construction Industry 2020 and Beyond…

The year 2020 is on its way out, and as we say goodbye to 2019, it’s perfect time to let go of all the what if’s, and make a fresh start to revamp your home. It’s the time to take our annual look at what’s ahead for interior designs and cost trends for the year 2020.  

With every New Year come new interior design trends, fads, decorating patterns and ideas for updating your home. While reading and watching out these fantastic home design trends, it is easy to get overwhelmed which makes it difficult to decide through your options. 

To that end, we’ve compiled this guide with cost patterns of the most influential interior trends to help you while deciding to embrace your favorite and latest interior ideas with ease this year.

Interior Design and work trends to watch in the year 2020 and beyond.

As adaption and need for technology will continue to grow into the New Year, we’re likely to see new interior works and products on the horizon. 

Flooring – types and trends

Choosing the flooring is so exciting but really daunting because of having so many options while not knowing which option would look the best. Hard surface flooring would continue to grow in popularity including wood, tile, and vinyl.

2020 is bound to bring with it lots of hand-scraped, distressed, and reclaimed textured flooring. This year is all about getting creative with your flooring in terms of geometric layouts and patterns creating a unique unconventional mimic looks. Floor product manufacturers are to introduce newer materials including waterproof vinyl, eco-friendly, and natural wood and stone replicating floors.  

Thanks to advancing technologies, we are now moving towards lookalike low maintenance flooring options. Wood-look flooring in laminate, vinyl, and ceramic tile has been a trendy option for many years and is going to be the top trend this year.

Linoleum and vinyl flooring have been worth opting for flooring affordable choice for high traffic areas. The average cost of the vinyl flooring falls in the range of $1 to $5 per square foot, with an average price of $3.5 per square foot. Luxury vinyl flooring that comes in two types of Luxury vinyl tile (LVT) or Luxury vinyl planks (LVP) is stepping up and offering more realistic and affordable long-lasting solutions for residential customers. It would continue to gain popularity taking market share from tile, hardwood, and carpet.

Anyhow, 2020 is about to open up some refreshing look of hardwood and laminate floors with whites, greys, and warm blonde tones. These are perfect for bedrooms, dining rooms, and offices; where you need beautiful refreshing looks.

Tiles and stones are well suited for areas where you need resistance against staining, fire, and water damage as in the kitchen and washrooms. Due to their renowned longevity and versatility, you will see some stunning patterns, tones, and textures in the coming year. In 2020, you’re likely to see soft earthy tones, bright whites, and off-whites.  

Tile floors are less expensive than natural stone and wood flooring yet easy to maintain. Marble tiles are the more costly option but you can expect entry-level homes to opt for tiles replicating marble texture. Marble-textured ceramic tiles offer a durable, less-porous and cost-effective solution for living spaces, entryways, and bathrooms. If you’re looking to install porcelain or ceramic tile in 2020, you may have to pay about $15 to $20 per square foot for the materials and installation. For slate and natural stone, the price can go to $40-$45 per square foot but it depending on factors such as quality of finish and stone.  

Kitchen Décor, Cabinetry, Countertops, & Backsplashes

The year 2020 can be considered as the year of the kitchen. The kitchen being the heart of your home, the cabinet is the most important functional part of it that stands out in a kitchen. Cabinets and countertops are the most used elements in any kitchen. So, if you’re looking to give your kitchen some awe-inspiring feel in 2020, changing up and updating your cabinet and countertop designs is the way to go.

In 2020, the homeowners are looking for a mix of materials and styles to create depth of appearance. Designers are creating an inviting appeal with luxury kitchen designs, keeping the kitchen at the forefront of spaces that family members desire to be in.      

Besides this, homeowners are demanding kitchen cabinetry made of more eco-friendly and sustainable materials. They’re looking for certificate brands that guarantee responsible manufacturing and ensure low emission finishes.

We’re seeing a tendency to the inclusion of intense color spots in the kitchen of 2020 besides all-time favorite classic black and white kitchen combinations. We’re going to see some of the most playful combinations of intense colors for one or several kitchen elements like islands or wall cabinets.  

Selecting the right type of cabinet material is an important decision to make for your kitchen remodeling project. It can account for about 30% of the renovation budget. You also have to be careful in deciding the level of customization as the cost can vary based on your selection.

If you’re looking to replace your outdated kitchen cabinet in the year 2020, expect to spend at least $1,800 to $2,400 for the material and $3,000 to $4,500 for the installation cost. Stock kitchen cabinets can cost about $3,000 whereas fully customized cabinets can easily take up to $50,000+.

Wood, being the most used material for kitchen cabinetry, the cost will vary for different species such as maple, cherry, oak, pine’s, and even bamboo. If you’re looking for the looks of wood at a lower price, wood veneer is a suitable choice in the range of $3,000 to $15,000. Laminates are also a cost-friendly alternative to wood which is a synthetic material but is highly durable and stands up the wear and tear of a busy kitchen. For laminates, the costs fall in the range of $4,000 to $15,000.