Tuesday, May 15, 2018

The Importance Of A Floorplan To Property Buyers

May 15, 2018 Posted By Cik Ash

It doesn't matter if your are buying or selling, a floorplan is one of the things that you should look out for.

Sellers might think that top-quality photographs accompanied by a beautifully-wrritten description is the most important aspect to marketing a property, but they need to reevaluate this notion. Floorplans are steadily topping the list of things buyers look at in a property ad and their importance in today's market cannot be undermined any further. Floorplans are becoming an absolute must for sellers because they have been shown to increase the chances of selling a property.

As a homebuyer, being able to understand the floorplan of your prospective property purchase is vital to knowing what you are buying, epecially if the property is unfinished or still under construction. You can take a look at https://www.propertyguru.com.sg/singapore-property-resources/newhomes/how-to-read-a-floorplan to get a well-rounded guide on learning how to propely read a floorplan.

Is it as important as photography?

One of the first things sellers do when marketing a property for sale is presenting the property via top-quality photographs. However, while it is the photograher's job to take the best images possible and to make the property look desirable and appealing to potential buyers, the seller needs to understand that the floorplan is actually the most important aspect that is taken into account when buyers are looking at property. Think of it as being as vital as the foundation of the property itself. A floorplan is the basis that supports the images your photograher takes to showcase the property. It provides a definite picture of the property layout and helps potential buyers orient themselves as to which part of the floorplan each photography depicts or represents. A floorplan is thus as important, if not more important, as photography.

Why do buyers want to see a floorplan?

Floorplans help potential buyers connect with the property, helping them visualize the layout of the property of the rooms, how the rooms fit in relation to other rooms, and in understanding the flow of the property.

Dimensions are important aspect of any property, especially if it is on the sale market. Potential buyers would want to see clear spatial dimensions, so that they can assess the property on a tangible scale and decide whether the property meets their needs in terms of size and space. These dimensions are usually noted on the floorplan itself, or even beside the room descriptions. All of this gives sense to the floorplan.

Floorplans work better than photography, as they allow buyers to visualize the space as their own, rather than as someone else's. It gives them as sense of bearing, allows them to see how their own furniture would allows potential buyers to plan ahead with their furniture, and in the case that furniture needs to be purchased for the property, the floorplan can be used as a guide and template for the layout and interior design of their new space.

A floorplan is thus a practical marketing tool that saves time for both sellers and their potential buyers. For one things, buyers will not end up wasting time viewing properties that they saw looked great in photographs but did not match up to their expectations in terms of layout or space. A staged photograph can hide the lack of space and the layout may not be apparent from photographs, but a floorplan is a tangible tool to see if the property has the space they require. In return, seller will also not waste time showing the property to potential buyers that end up losing interest as soon they walk through the door. It is a win-win situation for all.

Is a floorplan only useful before a viewing?

Floorplans are not just marketing tools thar are useful before a viewing, the are also good after the fact. They help buyers visualize the property after they have viewed it.

With the floorplan in hand potential buyers can make decisions on future plans. For example, if buyers are considering making structural alterations to the property. In this case, they can plan ahead if they want to knock-through a wall, create an additional room or even reconfigure the flow of the space. It allows buyers to see how space might be differently utilized, or better utilized. It also hepls increase "buy in" from the potential buyer by allowing the them to make notes, anecdotes and annotations on the printed floorplan when they are in the property.

Floorplans can also helps market the property even further after the viewing. It is easy to forget certain parts of property after the viewing, especially spaces that don't catch your eye and stay in your memory. We might remember the number of bedrooms and bathrooms, but lofts, basement, box rooms, pantries and cupboards are spaces that usually slip our mind. A floorplan thus helps buyers retain a memory of the actual size of the property by showimg all the available space on it. This reinforces the overall size and potential of the property in the buyer's mind. As a result, the perceived value of the property increases.

Conclusions

It is clear that floorplan is becoming insreasingly important in the marketing and selling properties. Not only do they provide an added advantage to sellers, they impart the same benefits to buyers as well. A simple inclusion of a floorplan can do wonders in generating and increasing potential interest by encouraging more viewings. This means that, floorplans are a must for must for any seller when they are putting their property on their market.