Why do architect-designed homes sell for more?

The long term Toronto building boom shows no signs of slowing down, and with the rising cost of real estate, buyers tend to focus on finding the best dollar value for the most space rather than prioritizing quality design details. However, in recent years, Instagram has created a consciousness of perfectly styled living spaces, setting the bar for modern dwellers seeking a more design-conscious living.

Architects are basically wizards with blueprints. They can take a patch of land and turn it into a masterpiece of modern engineering. Got a weird-shaped lot or a tricky zoning requirement? No problem! They’ll come up with a solution that’ll make you wonder why you ever doubted them.

 

So, what’s the difference between an architect-designed home and a builder’s custom home?

When you buy an architect-designed home, you’re not just buying a house, you’re buying a statement piece.

Architect-designed homes are often one-of-a-kind homes that cost more than the average house in the same neighborhood. A home buyer who can spot the design details will understand why. They are designed specifically for the individual client, taking into account their needs, lifestyle, and preferences. This level of customization and attention to detail can make the home stand out in a crowded market and appeal to a specific type of buyer who is willing to pay a premium for such a unique design.

Architect-designed homes are often built with high-quality materials, with a focus on the environment, natural light, sustainability and energy efficiency. They may also feature innovative technologies and design elements that make them more desirable to buyers who are willing to pay extra for such features.

 

Modern versus contemporary designed homes can have relatively different meaning.

Many modern buyers often confuse the terms “modern” and “contemporary.” While a contemporary home is often a sub-category of modern, associated with trending colors and finishes, or clean, unadorned lines, a modern home describes the design process, which includes the composition of mass, space, form, and careful selection of materials. The design of the house from start to finish is a holistic process that cannot be easily copied, down to the trims and material transitions, architectural reveals, and hardware.

Architects who have a reputation for designing high-quality homes with unique designs and superior craftsmanship may attract a premium price for their work. Buyers may be willing to pay more for a home designed by a renowned architect whose work they admire. These homes can appreciate in value more quickly than traditionally built homes due to their unique design, sustainability features and the high-quality materials used in their construction. As such, buyers may be willing to pay more upfront for a home they believe will appreciate in value over time.

So if you’re looking for a truly special and high-quality home, consider working with an architect to design your dream home. And if you’re a
seller, remember that a unique and thoughtfully designed home can be a valuable asset that sets your property apart and helps you get top
dollar 

 

Anne Lok is a Toronto Real Estate Broker with an architectural background. With over 18 years of experience, Anne can assist in all aspect of residential real estate; from modern houses, infill development from acquisition to design and construction, condos, lofts, commercial and residential leasing in urban Toronto. You can search modern listings and learn more about Anne at mdrn.realestate.