If you’re flipping a house, an open floor plan is a beautiful way to structure it. It typically provides a large, open space for the kitchen, eating area and living room. There may be some other rooms included in this mix as well. If buyers are a fan of entertaining or have families of their own, an open floor plan allows them to have everybody together at all times. There are a lot of benefits to this design idea, and just a few potential negatives to think about. Let’s take a closer look at open floor plans if you are going to be renovating a house in the near future.
More Open Space
If you have a few smaller rooms that are all next to each other in the home, an open floor plan can really make the space feel larger and more inviting. When you take down the adjoining walls, you can see everything that is going on in a much larger area of your home. The extra space allows for easier entertaining for those who like to have people over for parties or gatherings. This is something that a lot of potential buyers enjoy and that could attract them to buying the house.
Something to keep in mind with open floor plans is, as LKR says, that quiet, private relaxation may be harder to come by with an open living area. If potential buyers don’t mind the extra noise, then this won’t be an issue for them. Many people like the opportunity to see what their children are doing in the living room while they are cooking in the kitchen. You just have to figure out the logistics of everything to make this a successful setup. You may very well have a television, computer, and radio all in one main space. Then, you add in the people that live in your home.
Choose Safe Complementary Colors
You’ll want to give some thought as to how buyers will be decorating this main living space after the remodel is done. Because this is an open floor plan, you’ll need to pick complementary paint colors for the walls. This will allow for more versatile decoration options when buyers move in. To highlight areas of interest in your floor plan, try using an accent wall. According to the Impressive Interior Design, using accent walls rather than just having one paint color helps to give the space some character. Make sure that the color palette you use is consistent throughout your open floor plan. The last thing you want is for potential buyers to be turned off from the property because the colors of the walls in the different rooms don’t flow well together.
When flipping a house, it’s important to make sure that you take things like these into consideration before deciding if you want an open floor plan. You'll also want to consider hiring contractors for the renovation, so be sure to have commercial insurance that's tailored to your business or growing hobby! Get in touch with an expert at Alliance for some free tips on saving money in your home business plans.