• How to create the winning floor plan

    How to create the winning floor plan

    As a real estate agent, I’m always in other people’s homes – reviewing for listing and potential sale, selling and auctioning or just having a sticky-beak like we all do.

    What never ceases to surprise me is how some properties will sell for over and above their price range expectation, whilst others will sometimes struggle to sell at all –they simply don’t meet what buyers are looking for.

    As the heat of the property market cools down for Winter, it’s probably the right time to consider how you can future-proof your property purchase. I’m not talking about areas or streets, interior design or make-overs – something more fundamental than that. 

    Did you realise that it’s selecting the right floor plan that can underpin your strongest opportunity to increase property value and buyer appeal in years to come? 

    Styles, trends and fashions will come and go, however it’s getting the basic floor plan right that’s important, and this applies equally when you are renovating an existing property or selecting a property to purchase.

    Here are some important floor plan considerations which could keep your property up the top of the buyer wish list:

    1.  Good natural lighting

    A north-west aspect will ensure a nice, bright and sunny outlook and assist managing those winter chills. However, beware as too much glass can increase summer temperatures and energy costs.

    2.  Multiple bathrooms

    A three bedroom family home ideally commands two bathrooms – one may be an en-suite off the master bedroom. Many buyers will expect a large family bathroom and potentially, a separate water closet or powder room.

    3.  Multi zones

    Kids are staying at home longer and homes need to be flexible to provide areas for parents and kids to co-exist. These areas need to be flexible to adapt as the family changes and children become older. 

    4.  Open plan living spaces

    Gone are the days of the formal dining room.  Today, we come together over food and meal times so the kitchen becomes a place of social engagement and needs to integrate easily with open living spaces.

    5.  Kitchen design

    Functionality together with a mix of casual dining and ample storage, cooking and food preparation areas are all essential ingredients in a winning floor plan for a ‘well-thought out’ family home.

    6.  The Laundry

    It may not be the sexiest room in the home but together with the kitchen, it’s the ‘operational hub’ of the house and a well-designed laundry is essential.

    7.  Alfresco living

    We all appreciate access to an outdoor space, fresh air and a place to relax, socialise and enjoy a garden outlook therefore; having an outdoor dining space is a valuable addition to any floor plan.

    8.  Wardrobe and storage

    Ample and creative storage solutions which utilise wall cavities, ceilings or under floor will add immediate value to your property.

    9.  Off-street parking

    In many metropolitan areas, off street parking is becoming a premium.  Multi-dwelling developments put extra parking pressure on our residential streets so car parking for one or two cars is a valuable feature.

    10.  Guest bedrooms

    The ability to accommodate visiting friends and family is always an added bonus, particularly for home owners from abroad. 

    Incorporating as many of these features into your floor plan should help to ensure that your home appeals to the widest buyer group as possible, so that when it comes time to sell, you have a better chance of a successful sale. 


    About the author

    • Nikki McCarthy

      It was Nikki’s role on property show ‘On Display’ (CH9) that led her to residential real estate. She understands what it takes to get the best results when buying or selling a home having worked with developers and agents through the course of the show.

      Nikki is now living the dream and working closely with clients as she continues to pursue her love of all things property. It is her goal to work closely with her valued clients to achieve the best possible results when buying or selling their home.

      Nikki McCarthy

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    The information here is of a general nature only and is not intended to constitute financial or tax advice. You should consult your professional adviser, accountant or taxation expert for advice specific to your personal circumstances.

    The views and opinions expressed in this article are those of the author alone and do not necessarily represent the views or opinions of RAMS Financial Group Pty Ltd ABN 30 105 207 538 (RAMS),  Westpac Banking Corporation ABN 33 007 457 141 (Westpac) or their related bodies corporate. This article is strictly for information purposes only and neither RAMS, Westpac nor any of their related bodies corporate make any representation as to the accuracy or completeness of the information in this article or endorse the views expressed in it.