Good Design is a Good Return on Investment
At Ectypos Architecture, we design for our clients’ unique needs and desires. More often than not, the singularity of a design for a person, couple or family also translates into a great return on investment. For the most part, projects we have designed remain with the people they were intended for. But when they have been sold due to changing lifestyles, moving to sunnier climes or downsizing to travel more for instance, our clients have realized a significant return on their economic investment. The houses have been purchased by new owners, not for the land as a tear-down, but because they are quintessentially livable. They contribute to an improved quality of life for the purchaser and an economic gain for the seller.
There are many factors that go into the resale value of a home: location, market, age, condition and neighborhood are the most common ones that come to mind. Architectural design, however, is the unsung hero of the puzzle. The distinct qualities that you prioritized in the design and construction of your home are the same things that will draw buyers later. The architectural quality will be the deciding factor for most people. When a family finds a house they love because of the design, when they envision themselves in the space of their dreams, they will move heaven and earth to be the next owners of that home.
When people talk about “re-sale value” they often mean lowering their expectations to meet broad market demand. Good architectural design, though, does not cater to the lowest common denominator. On the contrary, good architecture meets and exceeds needs and desires AND is a good return on investment.