Getting the Most Value Out of Your Home: Open Floor Plans

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by Sean Finucane on January 8, 2019 · 0 comments

If you’re planning on selling your home in the near future, then you may be planning some home improvements. In today’s post, we’re going to talk about how your floor plan can influence your home’s value.

Specifically, we’re going to talk about the pros and cons of open floor plans.

Open floor plans utilize large, open spaces and minimize the use of small, enclosed rooms such as private offices. In residential design, open floor plans typically eliminate walls and doors being used as barriers in order to bring together functional areas that would otherwise be separated. For example, an open floor home would combine the kitchen, dining room, and living room into a single great room.

Some people love open floor plans, but there are plenty of problems associated with this architectural layout. Here are some of the noted disadvantages of open floor plans:

  • Less privacy — With open floor plans, there isn’t all that much privacy. Though the new owners of your home will likely be a family, privacy is still important inside the home and becomes a rarity when every area is wide open and in someone’s sight line.
  • Food odors — The smell of ginger and other spices can be nice in the kitchen, but when it spreads throughout the entire home — not so much. Open floor plans don’t protect odors from traveling throughout every inch of the home, which isn’t the best for the family that enjoys a weekly fried fish!

Conversely, there are a few advantages, as well. Here are some benefits of open floor plans:

  • Entertaining — Entertaining guests in a home with an open floor plan is much easier than other layouts. Guests won’t have to all be corralled into a single room. Instead, everyone can roam freely because there are no walls or separate areas, making everyone feel like cramped.
  • Safety — For families that have young children, open floor plans are great in terms of safety. You don’t want your child (or hte children of whoever moves in after you) to be one of the 110 million ER patients in a given year. Open floor plans allow parents to keep an eye on their young children when cooking, folding laundry, or performing other household tasks.

Total flooring sales in 2017 covered 19.7 billion square feet. That’s because upgrading your home’s flooring material can provide serious ROI. However, if increasing your home’s value is your goal, then selecting the right floor plan is essential.

You have to keep in mind that every home is different and every homebuyer prefers their own individual style and layout. Try and find the best floor plan to get the highest resale value, but don’t worry if potential buyers would prefer a different kind of floor plan. Try to have a little fun during this process and good luck!

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