Top 2019 Design Studio Trends for Homebuilders

Top 2019 Design Studio Trends

for Homebuilders

Forward-looking trends for your new home design studio to help

increase upgrade revenue while improving design center workflow

and construction efficiency.

Table of Contents

The Opportunity: A Critical Analysis of Your Design Studio ........................................................................... 3 Front Line Trends: Improve Your Design Studio Experience .......................................................................... 5 Back Office Trends: Connect Your Design Studio to Your Build Process ..................................................... 9 Future Trends: Virtual Walkthroughs ................................................................................................................ 13 Use Technology to Meet Trends in 2019 and Beyond ................................................................................... 15

The Opportunity: A Critical Analysis of Your Design Studio

Leading homebuilders agree that to effectively and efficiently grow the business, building 100% "custom" homes is not an option. At the same time, homebuyers are increasingly demanding personalization of their homes. Buying a home can be the biggest and most intimate purchase that a family can make, and customization of home interiors is the homeowner's chance to create something that reflects their personal needs and values ? and the builder's chance to increase overall margins.

CASE STUDY:

The Rise of The Global Home D?cor Improvement Market

Growing consumer interest towards home decor

Increasing cost of raw materials

Growth in real estate industry

Improving life style

Increasing disposable income

Increasing rate of urbanization

2014

2020

Source: Secondary research and AMR analysis

"The Home Decor Market is expected to garner $664.0 billion by 2020, registering a CAGR of 4.2% during the forecast period 2015-2020. Furniture, textiles and floor covering products are key components of home decor. Expansion and

developments in real estate industry have supplemented the growth of world home decor market. Globalization facilitates easier and wider availability of home decor products and designs for consumers. Moreover, growing consumer preference towards adoption and usage of eco-friendly products, known for their minimal impact on the

environment, has also boosted the growth of the market."

*Source - Home Decor Market Report, published by Allied Market Research

Top builders are enlisting effective and efficient design studio management trends highlighted in this guide. Top production builders are empowering homebuyers with interior personalization, while improving overall construction efficiency and increasing profit margins on each new home sold. Interested to know how you compare with other production builders? Find out if you are maximizing profits and customer value through these advanced design studio management strategies.

Homebuilders and developers are perfectly positioned to take advantage of this growing market. Adopting an operational strategy of new home personalization through design studios can improve new home sale margins while fitting in the overall building cycle.

4

Front Line Trends: Improve Your Design Studio Experience

Design studio appointments should be an engaging experience ? they are the perfect opportunity to amaze your homeowners. For effective design studio appointments, look no further than these top 5 Trends currently found in the leading design studios from the top residential builders across the country. These insights and best practices can help make your design studios more efficient for your homebuyers, and more lucrative for your sales and your design agents.

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