Function or Design: What Is More Important In An Investment Property?

Investing in the Australian property market can be highly challenging. And, to be successful, you need to develop the right strategy. From the outset, it’s vital to understand the important relationship between functionality and design. When you align aesthetic and practical considerations throughout your build, it will significantly impact the success of your project.

Whether you’re an experienced investor or a new developer, prioritising these elements is key to making informed and profitable decisions. With property values and economic forces constantly changing, having the right information at your fingertips is a major asset. Let’s look at the importance of functionality and design in real estate, and how to align these key ingredients to create a high-value investment property.

The importance of functionality and design

Are you planning to design and develop a new property? Do you want to understand the base elements of every construction? While there are numerous factors to consider when embarking on this journey, you should always start by analysing functionality and design.

  • Functionality describes how the construction is used. It’s about space, flow, and how the building ‘works’.
  • Design describes how the construction is formed. It’s about aesthetics, style, and how the building ‘feels’.

Design encompasses the visual appeal of a building, whereas functionality focuses on its practical use. During planning and construction, our suggestion is to choose features based on performance and flexibility. When you develop a building with a dual purpose, you allow design elements to shine while prioritising their core functionality.

Many building elements are both highly functional and aesthetically pleasing. For example, double-glazed windows shield noise and maximise natural light, open-plan layouts add natural flow and style, and high-quality materials and fixtures add longevity and luxury. By implementing these ideas, you can create a unique space that meets the needs of the market.

How to make functional design choices?

As you can see, you don’t have to choose when it comes to design and functionality. While practical construction is undeniably important, design considerations also play a vital role. Regardless of its size or location, it’s important to align functionality with design to create a building that works and feels great. Functionality alone gets boring, and impractical design often results in costly mistakes.

The functionality and design of a building significantly affects its livability and marketability. A lack of functional design elements introduces potential financial risks and may lead to a decrease in property value. It’s essential to carefully consider your options and choose outcomes that add the most value to your space. Make practical decisions that look beautiful, and avoid design elements that hinder accessibility or increase maintenance costs.

Finding the perfect balance

If you want to seamlessly combine stylish design with convenient functionality, it’s important to have a plan. From early concepts to planning permits and construction details, finding the right balance is much easier when you’re ahead of the curve. Our recommendation is to incorporate smart features that serve a specific purpose while ensuring long-lasting operation and cost-effective maintenance.

To bring your vision to life, we encourage you to collaborate with experienced architects, builders, and interior designers who can understand your investment expectations. By briefing them about your specific market needs, you can manage the process effectively and align it accordingly. This way, you can achieve a property that perfectly fits the demands of your lifestyle or market.

If you’re in search of a builder that knows how to strike the right balance between functionality and design, look no further than Costas Constructions. Get in touch today and we’ll help you to create an exceptional property.