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Floor and site plans for IP - worth it?

Discussion in 'Property Management' started by Burramys, 11th Sep, 2016.

  1. Burramys

    Burramys Well-Known Member

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    In the near future a property will be available for lease. I have an architect who can prepare a floor plan for $50 and a site plan for $25. Is this worth it?
     
  2. Gockie

    Gockie I'm an ISTP-A female, so I might be a bit quirky! Premium Member

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    My question would be, how could they do that for $75? Surely no profit in it.
     
    Joynz likes this.
  3. Burramys

    Burramys Well-Known Member

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    It's a friend in another country. The first plan was free, but I insisted on more, and offered $50, which is a lot there. The average pay is about a third of that in Australia, and $A50 is the pre-tax pay there for half a day. The job took much less time than this.
     
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  4. Westminster

    Westminster Tigress at Tiger Developments Business Member

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    I'd do it - the more information you can give buyers or renters about it the better I think
     
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  5. Propertunity

    Propertunity Exclusive Real Estate Buyers Agent Business Member

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    Yes. Do it.
     
  6. Azazel

    Azazel Well-Known Member

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    You're questioning $25 and $50?
    How much is the property worth?
     
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  7. Pumpkin

    Pumpkin Well-Known Member

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    A lot of professional photographers do photos + floor plans.
     
  8. D.T.

    D.T. Adelaide Property Manager Business Member

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    Yes worth it for floor plan, but not site plan unless there's something unique there you want to show case.

    I always include a floor plan on my listings where possible. Sometimes rooms look bigger or smaller in the photos and people like to be able to see the floor plan to see how it fits together.

    Its also about quality of people who come along to the Open. No point having a bunch of people through and they all say they don't like the layout or size. Get fewer people who love it.
     
  9. Azazel

    Azazel Well-Known Member

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    How do they do the floor plans?
    Do they need to physically measure it?
     
  10. Gockie

    Gockie I'm an ISTP-A female, so I might be a bit quirky! Premium Member

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    Laser measures are so quick and easy these days
     
  11. Azazel

    Azazel Well-Known Member

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    I guess that's why they said photographers do it now.
     
  12. Burramys

    Burramys Well-Known Member

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    The property is worth about $400,000. I'm not questioning the cost-value - my mind had been 99.9% made up to get the plans. I was and am interested in what other people think about plans.

    The site is nothing really special, just big, lots of grass and family room. That's a good point about a fewer people who love it. I've been to many OFIs where the rooms are way smaller than indicated. A scaled plan means that potential buyers and renters can focus on the places that work best. By going to an OFI that is found to not suit, the property that cannot be visited as it's at the same time or too far away is missed.
     
    Perthguy likes this.