That being said, it’s common to see a modern home design with contemporary elements and functionality. Modern refers to a consistent approach in design whereas contemporary homes include the latest design trends. This style, established in the 1920s, differs from contemporary house plans. Also referred to as Art Deco, this architectural style uses geometrical elements and simple designs with clean lines to achieve a refined look. A modern home plan typically has open floor plans, lots of windows for natural light and high, vaulted ceilings somewhere in the space.