The Value of Interior Design in Residential Construction
The Value of Interior Design in Residential Construction: Insights for URITECT
At URITECT, Our mission is to enhance the value and efficiency of the design process, ensuring that every space not only meets the aesthetic and functional needs of its inhabitants but also contributes positively to the property’s overall value. A pivotal study that underscores the importance of our mission is “Designing Single-Family Residences: A Study of the Positive Impact of Interior Design in Creating New Home Value” by Shawn M. Falcone, from the University of Nebraska-Lincoln.
This comprehensive thesis delves into the quantifiable impact that professional interior design has on the market value of single-family homes. By examining twelve homes in Nebraska—half of which utilized interior designers for space planning and finish selections and half which did not—the study revealed that homes with professional design input boasted an average increase in price per finished square foot of $54.67 compared to those without. This significant finding not only quantifies the value added through design but also positions interior design as a critical component in the construction and marketing of new homes.
Furthermore, Falcone’s research meticulously outlines the evolving role of interior designers, transitioning from mere decorators to essential stakeholders in the construction process. This evolution mirrors URITECT’s vision of transforming the traditional approach to architectural and interior design through AI, emphasizing the profession’s significance in improving living standards and property value.
The study’s emphasis on the financial benefits of incorporating professional interior design aligns with our goal to offer a platform that not only facilitates beautiful and functional designs but also contributes to the marketability and value of properties.
Stay tuned for our launch and discover how URITECT is setting a new standard in the design industry, ensuring that every project we undertake maximizes both the intrinsic and extrinsic value of the property.