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The value of good design – Scott Keck
A great article from Scott Keck in The Urban Developer.com.
Excerpt:
“In this more competitive and potentially lower growth environment, how will residential property investors and developers prosper? All of the usual rules about location, proper due diligence, efficient procurement and risk mitigation hold true, however one aspect of residential property that has often been neglected in previous decades, and which will become increasingly important in the coming decade is ‘good design’.
In general terms, good design provides for outcomes that function, that feel right, that are striking, that last the test of time and are cost-effective to use and maintain. In specific terms, good design includes high ceilings, flexible spaces, high-quality fixtures and fittings, good natural light access, cross-flow ventilation, double glazing, low-energy lighting, a high level of insulation, a high level of sound separation, non-toxic building materials and robust and low-maintenance surface materials. There are many more aspects to good design, and too many to list here, however in summary good design is as much about what you cannot see, as it is about what you can see. In saying this, what I also mean by good design, is that it must be accompanied with good construction in order to be effective.”
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