In a current survey by the Nationwide Affiliation of Realtors, ground plans ranked because the third most desired itemizing function for homebuyers, after photographs and detailed itemizing info. However ground plans are a relative rarity on a number of listings providers: solely 10-15% house listings within the U.S. have ground plans.

CubiCasa, an actual property software program firm based mostly in Finland, launched a brand new product to allow householders to generate ground plans for gratis by means of their app.

After placing within the property deal with, CubiCasa’s 2D Flooring Plans app permits a scan by means of a cellphone gathering uncooked scan imagery. In 24 hours, the ground plan sketching expertise offers a high-resolution ground plan file of the home, the corporate mentioned.

“By providing a free model of our cellular scanning expertise within the U.S., we’re serving to potential consumers make extra knowledgeable choices, whereas empowering brokers and sellers to market their properties extra successfully, and supporting a contemporary valuation course of for each appraisers and lenders,” mentioned Jeff Allen, president of CubiCasa.

Whereas ground plans are in excessive demand by homebuyers, they’re nonetheless a distinct segment product within the U.S., mentioned Allen. “In different actual property markets world wide, ground plans are fairly widespread, and we expect it’s time the U.S. caught up,” he mentioned.

The app options optionally available add-on picks the place customers can get ground plans with mounted installations resembling kitchen cabinetry, lavatory fixtures and home equipment and a Gross Residing Space (GLA) report aligned with American Nationwide Requirements Institute (ANSI) requirements for $15 every. With a $10 fee, customers can request to obtain the ground plan in six hours, in line with CubiCasa. 

How sensible house expertise can profit renters and property managers

FinLedger lately spoke with Merrick Lackner, CEO of Rently, about self-touring proptech and the way sensible house options profit renters and property managers.

Offered by: Rently

CubiCasa mentioned its expertise precisely calculates sq. footage helps reduce inconsistencies and variation within the property information assortment and inspection course of. In keeping with the agency, sq. footage calculation is the second-highest driver of a house’s worth, after location.

The Finnish agency claims that its expertise is utilized in 172 international locations and created greater than 1 million ground plans.

In September 2021, Clear Capital purchased CubiCasa, which is now a totally owned subsidiary of Clear Capital that operates independently of its company mum or dad. With the acquisition, CubiCasa’s automated ground plan sketching expertise was built-in with Clear Capital’s ClearInsight Platform, a cellular property information assortment software.