By using precise 2D floor plans, significant cost savings and efficiency gains were achieved in a refurbishment project. Optimal use of space, higher rental income and an improved negotiating position led to sustainable success.
Client
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The accurate representation of properties in the form of 2D floor plans is a crucial factor in structuring and executing renovation and modernization measures. Our collaboration with a client, a large housing cooperative, highlights how the use of detailed 2D floor plans not only simplifies planning processes but also significantly contributes to efficiency increases and cost reductions. Particularly in complex renovation projects, these plans provide a clear structure and enable targeted and economical implementation of construction projects.
Thanks to the detailed 2D floor plans, renovation projects could be planned precisely, and errors were avoided. This reduced the number of necessary changes and significantly lowered both material and labor costs. The client benefited from a cost reduction of up to 5â10% of the total project costs, as unnecessary cost overruns were avoided.
By using accurate floor plans, the available living space was optimally utilized, and rental areas were precisely defined. This resulted in an increase in rental income of up to 5% per apartment. For 500 apartments, this led to total savings of âŹ1,625,000. The precise calculation of areas not only ensured fair rent calculations but also enabled a significant increase in revenues.
The clear and accurate 2D floor plans also improved our client's negotiating position, as they provided potential buyers and tenants with a better understanding of the property. This led to faster sales and rental processes and further increased the rental and sale prices by up to 0.5%. Overall, the client achieved savings of up to âŹ124,000 through optimized negotiations.
By utilizing the detailed 2D floor plans, the client was able to create more accurate cost estimates for materials and labor. This helped avoid budget overruns and significantly increased the project's profitability. This provided a better basis for negotiations and reduced the risk of unexpected cost explosions.
The use of 2D floor plans not only provided the client with significant financial advantages but also enabled more precise and efficient planning. Whether in reducing construction errors, optimizing space utilization, or avoiding costly changes, the floor plans played a central role in ensuring project success and sustainably increasing profitability.
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