Skip to main content
Hometap home
Financial Goals

Kitchen Design Trends to Consider for Your 2024 Renovation

8 min read
modern kitchen with green cabinets
picture of author, Hometap TeamBy Hometap Team on March 4, 2024

For many homeowners, the kitchen is truly the heart of the home — a place to make both meals and memories. So it’s no wonder that it’s one of the most valuable renovations to pursue, both in terms of functionality and return on investment.

According to a recent Houzz study, about 42% of homeowners who considered renovation projects in 2023 started with the kitchen. And when it comes to selling, an updated or new kitchen will be a deciding factor for prospective homebuyers, with 68% citing it as a make-or-break feature.

In today’s market, with many homeowners opting to stay put and capitalize on their locked-in low interest rates and growing equity, investing in kitchen renovations is an exciting way to make home more enjoyable and boost its future resale value.

As we explore 2024 kitchen ideas and trends, kitchen upgrades are anticipated to embrace a blend of convenient and inventive style. Let’s review some of the top renovations experts predict to see this year:

1. Stylish-Yet-Practical Storage Options

From appliance garages to butler’s pantries, homeowners are looking for storage solutions that elevate both form and function in the kitchen. These luxury storage features not only help to organize, but add sophistication and efficiency.

Appliance garages can be used in many ways, whether as standalone units on countertops or as part of kitchen cabinets. With their blend of style — with many models incorporating quality materials like rich woods and polished metals — and practicality makes them a top pick for updating kitchen layouts.

White counters and cabinets in a pantry
Butler's pantries keep kitchen clutter tucked away.

2. Combination Islands

Sleek and eye-catching, combination islands are hubs for cooking, dining, and gathering. With built-in appliances, seating areas, or clever kitchen island storage functionality, these islands redefine the kitchen, catering to a range of uses.

The combination kitchen island trend has gained momentum, as homeowners seek to make their spaces as efficient as possible. Double islands, which reduce traffic in even the busiest of kitchens and add storage for access to essential tools, have also increased in popularity.

3. Slab Backsplashes for Kitchens

Slab backsplashes are the biggest way to make a splash in the kitchen! A newer alternative to traditional tile designs, they’re frequently crafted from a single slab of stone or quartz. Neutral backsplashes bring a classy touch that revives natural stone, while also minimizing grout lines for easy maintenance. Win-win.

When selecting a slab backsplash, consider how often you plan to use your kitchen, and which stone’s qualities will best accommodate those needs. While marble may look fancier, polished stone can improve longevity and make cleaning easier.

4. Quartz countertops

Quartz countertops — quartz engineered stone countertops in particular — are favored for their beauty, resilience, and versatility, and will maintain their popularity in 2024 as a result. Offered in a range of colors and patterns, this option lets homeowners easily customize their space, whether they opt for classic white quartz or want to make a bolder statement.

Both natural and engineered surfaces remain in demand this year. Quartz countertops are praised for capturing the beauty of natural stone while remaining functional. Cleaning is also a breeze, thanks to their stain resistance and heat tolerance.

5. Earthy tones

2024 is all about natural palettes and bringing the outdoors inside! Many homeowners are moving away from minimalism toward more warmth and color in their kitchens. According to experts, desert-inspired terracottas and muted sages are leading the way. In fact, many shades of green are gaining popularity due to the fresh and youthful feel they bring to kitchen designs. Incorporating these colors into cabinets and other elements really sets a welcoming tone.

With earthy hues also come new textures and angles. Curves and fluting can enhance the colors’ soothing feel. When it comes to materials, engineered quartz countertops in light beige shades are preferred for their natural aesthetic.If you’re envisioning a lavish kitchen that evokes specific seasonal colors, work these hues into countertops and walls, which draw the most attention.

6. Large windows

Large windows are a timeless addition to any kitchen renovation project. They create the illusion of more space while also improving mood, light, and ambiance. Windows also allow for better ventilation, preventing the buildup of heat and moisture in the kitchen.

Selecting windows that complement the overall aesthetic of the kitchen is crucial. Modern and stylish designs, like bay or double pane single hung, can make the kitchen more appealing on both the inside and outside. A pass-through window, for example, can create ideal interior-exterior connections, perfect for barbecues, outdoor dining, or gatherings.

kitchen with wood counters, green cabinets, large windows
Large windows allow for more natural light, making kitchens feel larger.

7. Dedicated Beverage Centers

With entertainment taking the spotlight for modern living priorities, dedicated beverage centers are gaining popularity. According to the National Kitchen and Bath Association (NKBA) kitchen trends report for 2024, over half of respondents want better functionality when it comes to making and enjoying their beverages, from coffee to wine, in the form of specialized storage and appliances.

Complete with beverage fridges, wet bars, and ample storage for glassware, these designated areas appeal to the needs of hosts and guests alike. For frequent entertainers, a beverage center will not only free up clutter, but also provide space for food in the primary fridge.

8. Outdoor Kitchens

Further blurring the boundaries between indoor and outdoor living, outdoor kitchens are taking off. These days, many are equipped with tons of smart gear designed for cooking and gathering, plus cozy dining areas. One common standout feature is the smart grill, which allows you to tweak temperature settings, keep tabs on your cooking, and get real-time updates sent to your phone. Automated lighting and shading systems and built-in audio/music options are also popular. These spaces are intended to be a natural extension of the home, so you can enjoy cooking al fresco all year round.

outdoor kitchen with stone vineer and grill
Outdoor kitchens make al fresco dining in warmer months even easier.

Making Financially-Savvy Renovation Choices

Are you researching kitchen ideas ahead of a potential renovation? As you think about your kitchen renovation journey, it’s essential to consider the financial implications and estimated return on investment (ROI) of your choices. Understanding your home value, equity, anticipated costs, and projected ROI can empower you to make informed decisions that align with your budget and long-term goals.

You can achieve all of the above for free with the Home Equity Dashboard, a tool designed to provide homeowners with insights into their home’s financial health. With the Dashboard, you can accurately assess your estimated current home value, track changes in equity over time, and forecast future equity growth.

When considering remodeling options, the Dashboard’s Renovation Calculator can help you plan your ideal home upgrade with ease. Select your project and quality level to get average costs, potential value increase, and insights to guide your decisions. Plus, estimate how your renovation will impact your home’s value over time for confident choices.

Discover the power of smart renovation choices with the Home Equity Dashboard and its Renovation Calculator feature, so you can maximize your potential ROI while staying ahead of evolving design trends.

You should know

We do our best to make sure that the information in this post is as accurate as possible as of the date it is published, but things change quickly sometimes. Hometap does not endorse or monitor any linked websites. Individual situations differ, so consult your own finance, tax or legal professional to determine what makes sense for you.

Hometap is made up of a collaborative team of underwriters, investment managers, financial analysts, and—most importantly—homeowners—in the home financing field that understand the challenges that come with owning a home.

More in “Financial Goals”

Header Image
Financial Goals

What Is a Home Renovation Consultant (and Do You Need One)?

5 min read
Home being renovated
Financial Goals

Financing a Home Renovation: What Construction Loan Is Best?

11 min read
person sitting on a bed, using a macbook
Financial Goals

Compare Common Renovation Financing Options

7 min read