If you frequent Instagram, Pinterest, and TikTok, then chances are you have seen this beloved style of home plenty of times before. And if you've seen HGTV's "Fixer Upper" show, then you may already be a modern farmhouse expert. The show by Chip and Joanna Gaines has made this style more popular and trendy than ever before.
But what exactly makes modern farmhouse style homes SO popular? Keep reading to find out...
Modern farmhouse style is a newer take on the classic farmhouse style adding smooth lines, glossy finishes, and more monochrome color schemes on top of the original, comfortable, practical, and relaxed style. It blends old with new, is less rustic, more sophisticated, and incorporates contemporary elements like stainless steel appliances, marble countertops, sleek lighting, and industrial style elements.
This style of home is warm, cozy, and approachable. It is simple yet versatile and can be made completely unique to its owner. The mix of modern and traditional means the needs of modern-day life are met but the classic farmhouse character remains.
Modern farmhouse style is the opposite of cold and uninviting, in fact, you may even struggle with guests who never want to leave your beautiful home! It is the perfect blend of traditional and nostalgic with fresh, modern, and new, with an emphasis on simplicity. Inspired by nature and organic materials, it has an air of authenticity and a lack of pretentiousness to it that is super appealing. People can’t get enough of the warm, welcome, and comfortable ambiance and vibes.
If you’re remodeling a home, it is a great style to consider as it’s incredibly popular with prospective buyers due to its very versatile style and how it blends well with other styles. It doesn’t cost a fortune to remodel in modern farmhouse style - simple upgrades like adding shiplap, monochromatic paint colors, some modern house numbers, and some updated hardware (like matte black or brushed brass) would make a world of difference.
Some of the most common features of modern farmhouse style homes include:
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To ensure that the buyer (and lender) is paying a fair amount for the home, buyers insert an appraisal contingency, which allows the buyer the ability to walk away from the purchase without penalty if the appraisal returns a value lower than a set value (usually the purchase price). Aside from walking away, the buyer can renegotiate for a lower price with the seller, request that their lender make an exception, and approve their loan as if the property had appraised to match the purchase price or make up the difference between the purchase price and appraised value via their own funds. In most cases, if the buyer makes use of the appraisal contingency to walk away, they are likely to receive a complete refund of their earnest money. However, buyers must be cautious and include this in the contract to avoid problems at a later stage.
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