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Stephen Knight

👤 Speaker
2371 total appearances
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Podcast Appearances

The Property Academy Podcast
This Floor Plan Mistake Could Cost You $100K⎟Ep. 2434

Because me and my wife have an en suite upstairs.

The Property Academy Podcast
This Floor Plan Mistake Could Cost You $100K⎟Ep. 2434

But if we had kids, they'd have to go down the stairs to the bathroom and then back up the stairs and then like the guest bedroom.

The Property Academy Podcast
This Floor Plan Mistake Could Cost You $100K⎟Ep. 2434

It is a little bit of an odd layout, right?

The Property Academy Podcast
This Floor Plan Mistake Could Cost You $100K⎟Ep. 2434

Well, yeah.

The Property Academy Podcast
This Floor Plan Mistake Could Cost You $100K⎟Ep. 2434

And for like kids, once we start popping them out.

The Property Academy Podcast
This Floor Plan Mistake Could Cost You $100K⎟Ep. 2434

No, you'd actually be downstairs, so it'd be a little bit more okay.

The Property Academy Podcast
This Floor Plan Mistake Could Cost You $100K⎟Ep. 2434

But all I'd say is this comes down to money, right?

The Property Academy Podcast
This Floor Plan Mistake Could Cost You $100K⎟Ep. 2434

I bought this house anyway because I liked the house at that price, and it works really well for us right now.

The Property Academy Podcast
This Floor Plan Mistake Could Cost You $100K⎟Ep. 2434

If it had the perfect layout, as we're describing, it'd be more expensive, but it suits me as it is today.

The Property Academy Podcast
This Floor Plan Mistake Could Cost You $100K⎟Ep. 2434

And then in the future, I might pay the money to change it or I'll sell the house and move it somewhere else.

The Property Academy Podcast
This Floor Plan Mistake Could Cost You $100K⎟Ep. 2434

And so it's just to say that sometimes if we want the perfect layout and the perfect house, that's going to mean that we're going to have to spend more money on that.

The Property Academy Podcast
This Floor Plan Mistake Could Cost You $100K⎟Ep. 2434

And then we just have to consider, well, are people willing to pay the additional rent for that to be a good investment?

The Property Academy Podcast
This Floor Plan Mistake Could Cost You $100K⎟Ep. 2434

So it's just about to say, you're never going to have something that's totally perfect.

The Property Academy Podcast
This Floor Plan Mistake Could Cost You $100K⎟Ep. 2434

Now, just before we get to the bad stuff, anything else on your list of the perfect floor plan?

The Property Academy Podcast
This Floor Plan Mistake Could Cost You $100K⎟Ep. 2434

Well, let's talk about the bad side as well.

The Property Academy Podcast
This Floor Plan Mistake Could Cost You $100K⎟Ep. 2434

Some of the failures.

The Property Academy Podcast
This Floor Plan Mistake Could Cost You $100K⎟Ep. 2434

What makes a house floor plan bad today?

The Property Academy Podcast
This Floor Plan Mistake Could Cost You $100K⎟Ep. 2434

And I think one of the classics which you see in older properties is a long hallway that kind of goes nowhere useful.

The Property Academy Podcast
This Floor Plan Mistake Could Cost You $100K⎟Ep. 2434

So if I think about a classic 1920s villa,

The Property Academy Podcast
This Floor Plan Mistake Could Cost You $100K⎟Ep. 2434

What you typically have is a long, dark hallway, basically running the length of the house in between.