Over the years I have sold my share of newly renovated properties. The quality to how some of these properties have been fitted out is nothing less than amazing and extremely appealing to the eye. It’s just, in a lot of cases, people have got the look part right but forgot about the functionality.
As an agent, I have come to understand that before all the pretty ornaments and the stylish fittings, the floorplan is the most important aspect. A good functional floorplan is what really matters and in so many cases just forgotten about.
You need to look at it logically, don’t sacrifice space to create more rooms, work with ample dimensions and try to move away from more is better. Once somebody walks into a place and get past the wow factor, they start to look at how they would live there. If they are only able to fit a double bed in the Master bedroom or half a couch in the living area, then it doesn’t matter how nice the place looks, they just can’t physically live there. This alone will drop your interest levels immediately in a sales campaign and you might find yourself in a position where you may have overcapitalised on the renovation.
Less rooms, large spaces and stylishly fit it out and the general market will appreciate your work. You will capture greater interest and a higher level of competition between buyers. The best sales I have had the opportunity to achieve have been where somebody has got the floorplan right, kept it simple and very functional and in a lot of cases, went with a classical fitout. These are the clients who reap the most reward for their work.