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Stephen Knight

👤 Speaker
2747 total appearances
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Appearances Over Time

Podcast Appearances

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

I mean, you could repaint the walls, you can replace the kitchen, but moving walls, depending on if they're load bearing, you know, helping to keep the roof up, that could cost you 50 to 100k or even more, right?

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

Now, Andrew, you've walked into thousands of houses, looking at them as investment properties.

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

What are some of the things that make for a really good floor plan for property investors?

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

The kids aren't coming in going, Dad, turn the TV down.

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

It's actually quite funny because in many ways, if I'm thinking about your house, it's kind of like that, right?

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

The master bedroom is closer to the lounge.

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

And then the kids' bedrooms are down the hallway a little bit more.

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

And even when I've been thinking about some other houses I've lived in or owned in my life, you start to be like, oh, yeah, that's very true.

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

Because who's likely to be up last at night?

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

It's going to be mum and dad watching TV or even if they've got friends over, right?

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

I mean, unless you've got teenage kids, but typically the master bedroom might be a little bit closer to the lounge and the kids bedrooms might be down the hall a little bit.

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

And when we say a single level layout, we're just talking about a one story house, right?

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

The other classic one when we're thinking about floor plans is if it's north-facing.

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

Now, specifically thinking about the living areas facing broadly north, because then it's going to get more sun.

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

Now, what's quite funny is if I think about my own house, the front of it is actually south facing.

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

And so what they've done is they've put the lounge and the kitchen at the back of the house so that the important living areas are north facing, right?

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

Whereas if my house was on the other side of the street, then it would be north facing or the front of the house would be north facing.

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

So you'd put the lounge and the living areas at the front of the house.

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

But sometimes you actually might deliberately have a house that is not north facing, right?

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

So if you're in a really expensive house on the hillside in Takapuna in Auckland facing Rangitoto, which is our volcano that's out in the harbour,