How Good Design Can Increase the Value of Homes
Leveraging architectural design best practices can significantly improve the value of residential properties while ensuring longevity, sustainability, and beauty through innovative planning. Leading design studios worldwide are experimenting with various layouts, orientations, systems, technologies, and materials, to improve the aesthetic and functional appeal of modern homes being constructed.
Good design practices also incorporate green philosophies as core tenets to curtail emissions and ensure future-proofing for maximum value. Sustainability is a critical area of focus for industry stakeholders, with 32% of investors strongly agreeing that home buyers prioritize sustainability when making buying decisions. With buildings accounting for nearly 40% of global energy use, architects are exploring novel design practices to make all homes energy efficient in the near term.
Additionally, with roughly 57% of developers experiencing delivery delays, architectural studios are also exploring the role of good design in cost reduction and timely delivery. Innovative project designs can mitigate the risks of price fluctuations, delays, and remediations while ensuring better quality output and faster site work completion. These strategies can significantly improve the value of homes and enhance their marketability much faster within the buyer base.
Boost in aesthetic appeal and inherent value
Modern homes are being constructed with aesthetic value in mind, as designers across the leading markets worldwide focus on innovation through expressions. New concepts, philosophies, and visualizations are being introduced within good design practices, to improve the aesthetic appeal of new homes. This impacts the value generated by the home, both in terms of a financial and emotional investment for the home buyers that are interested in these projects.
The evolution of design practices across leading construction markets worldwide is also marked by a key focus on enhancing build value. Architecture in Dubai especially is focused on acquiring a larger spectrum of insights and buyer trends, to offer the best homes designed specifically for the residents of the city. The leading design studios in Dubai, including Prasoon Design, specialize in developing a consistent theme for each home, making them unique, dynamic, and contextually rich.
Architects are also maximizing project value by using modern design technology solutions. BIM adoption is reaching nearly 70% in many markets, as more designers use computational design and geometric experimentation to solve complex challenges for a myriad of projects. The resulting designs are highly value-driven, making homes stand out while saving costs long-term for homeowners across maintenance, energy requirements, management, etc.
Enhanced spatial use, interaction, and versatility
A vital hallmark of a good design is enhanced spatial use, making every area of a residential property engaging across levels. Empty spaces are given purpose, lesser-used zones are redesigned, and ample natural sunlight is prioritized for a more homely feeling for occupants. Good design practices are embodied at every level of planning, ensuring optimal interaction with all aspects of the home.
Architects also focus on improving the connection that physical spaces drive with homeowners through intelligent experience design. Interior zones are opened, with minimal obstructions, that blend seamlessly as residents move from the living room to the kitchen. A unique story is weaved into the design to give owners a sense of belongingness, community, and legacy, as they make new memories in their dream homes.
Design versatility is also a top priority for architects working on residential projects, as they borrow elements from traditional, modern, and contemporary movements. By understanding the various functions of the home, designers introduce highly dynamic expressions to improve homeowner satisfaction. Green spaces, skywalks, pools, and other amenities are also embedded to maximize the quality of life.
Optimal utilization of assets and resources
Architects leveraging good design practices understand the need for optimizing assets and resources, including workers, site teams, materials, equipment, etc. This is critical for large-scale construction projects that can experience around 20% of timeline delays due to several underlying factors. Through good design strategies, homes can be completed in a shorter timeframe and within budget for comprehensive value maximization.
The optimal use of assets is also vital for scalability, as more homes are designed within a complex or as a part of a multi-site project. With the quality of the entire project rising, due to better design methodologies, the value of individual homes rises as well. This collective impact also improves ROI for developers, while enabling homeowners to capture maximum equity for their dream homes long-term.
With building material prices fluctuating quarter over quarter, the cost of developing properties worldwide is shifting as well. While forecasting is key, effective design practices are essential to optimizing the utilization of resources. Through integrated 5D BIM, drones, and robotics technologies, architects can lower the cost of development, reduce construction waste, and optimize schedules, thereby increasing the complete value of any residential home.
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