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real estate property upgrade

 

As a seller of property you have trouble to achieve the price you desire at your intended time schedule ?
                   As a buyer you have found an undervalued property that has not met all of your expectations ?

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You want to know whether you can upgrade a certain object to all of your special needs, without exceeding your budget ?

First, the property will undergo a general, neutral testing in a pilot analysis.

initially an actual-state inventory takes place

This pilot investigation is problem solving in small scale. In this phase it is important to define the exact problems and weaknesses. (What is to be changed ? What are the objectives ?) and to check the resources available.
This actual-state inventory serves as neutral record of the current state of the property and the local market situation, from a wide variety of perspectives.

Review

This is followed by a constructive review of the property´s actual state. This constructive review serves the analysis and evaluation of the collected actual data.
The underlying causes of the identified weaknesses are pointed out, so not only symptoms are treated.

Target conception & generating problem solutions

The next phase is divided into two steps: generating problem solutions and selecting solutions. Analogous to the process of evolution a distinction is made between the phase of variation, wherein the solution space will be opened as far as possible (target: many different types of solutions) and a phase of selection, in which the solutions are reduced to the most appropriate.

The crucial factor in the phase of solution generating is the creativity and the experience of the specialists of INDOOR Architecture. Result of the phase of the problem solving process are as many different, new solutions as possible.

Special care is taken to develop an optimum of beneficial results with very limited costs and without having to move into time-consuming details.

The usual and simple "modernization" of the property may not be successful, because these activities cannot achieve a unique selling proposition for the object, and thus only occurs in a tough price competition. Whenever success is not sought on the most favorable price, superior performance must be offered. In a highly competitive market the offered property have to appear as the more interesting, the better option, otherwise the rival bid is preferred.

Whenever this competition cannot – or should not - be won by the lowest price, outstanding quality must be offered.

Within the triangular relationship between seller, market and buyer INDOOR Architecture is developing successful initiatives.

At given objective data of a property the crucial key to add additional value is by focusing on emotional and affectively toned extra benefits.

These emotional strategies may have different strategy cores.

INDOOR Architecture provides the property with aesthetic components to increase the property’s value by creating an outstanding profile for a focused target market.

This carefully planned interior architecture has the following focal points:

  • A practical dimension, which increases the performance, usability and support of the application functions of the property.

  • A symbolic dimension to increase the expressive power of the property. This statement extends on one side from the object to the owner and on the other side from the owner to the society. ("Which statement gives this property of its owner ? Which image of its owner should the property convey and reinforce ?").

  • An aesthetic dimension, which emphasizes the subjective sense of beauty and personal ideals of the individual, to be a daily source of inspiration for its users.

 

Within these dimensions INDOOR Architecture uses for example the following design repertoire:

The aesthetic functionalism

In architecture this style corresponds to the so-called classic modernism. This style meets the claims for harmony, unity, simplicity, autonomy. This style is the result of extensive reflections on possibilities of reducing forms and improving the usability at the same time. Everything opulent would distract and disturb only. Characteristic of the Bauhaus design is that it is characterized by the effort to simple forms with high usability.

The Technicism

operates with technical aesthetics, modular principles, technical forms (eg. cooling fins). Technical design principles (eg. visible joints, delicate wire tension) provide technical aesthetics, without any restrictions to the usability. An Example is the Parisian object "La maison de verre" of Pierre Chareau.

The demonstrative Aestheticism

stresses the beautiful cover, the continuous line. Joints must not be disturbed by handles, knobs or the like. Interior design in this style shows the value their owner puts on aesthetics.

The Deconstructivism

has also found his expression in interior design. This design solution seems to defy gravity and negate both the vertical and the horizontal, conveys the free spirit and strong will of their followers.

Postmodernism

is working with historic style references (eg. columns, capitals, pediments, friezes). As it were with a twinkle in the eye functional conditions (eg. boxes) get happy new clothes.

Memphis Design

a protest against the reduced, cool, aesthetic functionalism. These design solutions should provoke. The usability steps back behind the pleasure principle.

Gadget Design

goes a step further. Changes in dimensions are in the foreground. Usefulness is no longer in the focus.

 

With the cosmopolitan design lines of INDOOR on the subject of British, Tuscan, Spanish, Moroccan, Japanese, using traditional architectural experiences of different world-cultures, distinctive individuality and international lifestyle may be underlined.

 

In recent years, not only in the field of prime residential properties, but also in restaurants, office buildings and in shop-design the symbolic dimension has become significantly more important.

Solution rating & Selection

After the phase of generating multiple solutions the best solution is evaluated and selected.

So at the end of this pilot procedure an informed decision is possible, through which solution-approach the most value for the property may be added and is advised to be realised in a detailed project to gain the maximum profit - or if the upgrade process cannot realise an added value for this property.

Properties, upgraded by our procedures, get additional values that exceed the inserted costs and efforts by far.

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property

development

upgrade

value

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