The Importance of Floor Plans in Selling your Home

Written by Posted On Thursday, 09 January 2014 17:57

 

Creating an electronic floor plan of the home you are trying to sell is a powerful aid in achieving that end. Research by Rightmove (http://www.rightmove.co.uk/news/articles/property-news/maximise-chances-finding-buyer-floorplan), a U.K. property portal website, indicated that 1/3rd of buyers were less likely to inquire about a property that did not include a floor plan. Having a floor plan was actually the second most desired feature in a listing after quantity of images of the property. Another survey, published by Homegain in 2011 (http://www.prweb.com/releases/homegain/listing-preferences/prweb8305349.htm), showed that Home Buyers rated room sizes and floor plans the 3rd and 4th most important features in listings that they viewed, after having a wide selection of photographs and showing the location of the property on a map.

Per the Rightmove research, prospective buyers want to know room sizes and their configuration in a house so that they can understand the flow of the property. Having room dimensions on the floor plan was considered the most important feature. Buyers felt that floor plans were more precise and definitive than photographs. Use of a 2 dimensional floor plan with associated photographs was preferred over 3D and interactive floor plans which allow you to drag and drop furniture into rooms,etc. according to the Homegain research

Floor plans provide other benefits, as well. For example, they can be sent to vendors of various kinds such as Home Depot as an aid to determining the amount of remodeling supplies needed to complete prospective projects. Designers and contractors can modify plans interactively to consider 'what if' scenarios such as removing walls, adding rooms, adding doors and windows, etc.

Below are images from a 2D floor plan created from a real property. Magicplan (http://www.sensopia.com), an application for the Ipad and smart phones was the application used. This software, which is free, uses the camera on the mobile device to create a plan. It is very inexpensive ($3 a plan or $20 for 10 plans) to create a plan using this application. To get the maximum sales benefit from such a plan, it should be associated with specific images from the property in a virtual tour. Images and floor plans can be displayed in side-by-side fashion to provide the greatest utility. I would strongly encourage your Realtor to include a plan in your property's virtual tour. You could even create it yourself. Original article.

 

 

 

 

 

 

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