Fully fitted, semi-furnished or raw-which house to pick?

Flat and Apartment in Vijay Nagar Indore

Feeling confused by house-hunting decisions? Let’s break it down and find your perfect fit!

‘What budget should I put aside for the house?’

‘What type of housing will fit perfectly in my budget?’

‘Do I need a long-term investment or a ready-to-move-in space?’

These questions are supposed to cloud your thoughts before you decide on the type of housing for yourself. 

The simplest way to answer these queries is to classify the housing types into furnished, semi-furnished, and raw or unfurnished houses. 

All three types of housing have their respective features and characteristics. These characteristics set them apart from each other and hence cater to the various preferences of the prospective homeowners. Usually while looking for a space homebuyers look for location, connectivity, amenities, builder’s brand, and construction quality. 

Apart from the above-mentioned points, it is essential to understand the specified differences between the three houses and what are your housing needs.

Understanding the Housing Needs

The key factors that you must consider before finalizing the final house are:

  • Budget: The three keys to consider while finalizing the budget are upfront payment, ongoing costs, and resale value. The upfront investment of any type of property holds some hidden costs like down payment, closing costs, and potential moving expenses. These costs will vary with the type of housing you go for, whether it’s furnished, semi-furnished, or unfurnished. Owning a house entails various other costs like property taxes, homeowner’s insurance, potential mortgage payments, and maintenance costs (repairs, utilities). All the additional pointers need to be considered before settling for the final amount. 
  • Timeline: If you’re looking for a space for immediate functionality, going for a furnished or semi-furnished space might be more helpful. You’ll have all the essential items at your disposal and can start living in a fresh space right away. Going for an unfurnished space comes with its costs. However, it doesn’t guarantee a definite move-in time and is preferable if you’ve got some time in your hands, like 2/3 months. 
  • Stability: Your stability in terms of your work and income also matters before you pick a certain type of house. If you’ve got a job type that needs you to move around all the time, a semi-furnished space would be more beneficial. A steady job with a family? Furnished or even raw spaces sound like a viable option. 
  • Transaction Costs: Consider closing costs, realtor fees, and potential taxes when picking a property. All the costs will change as per the furnishings of the space. 

Fully Fitted Houses

Fully furnished are move-in ready with built-in appliances, fixtures, and other essentials. It is similar to a blank canvas with essentials that are pre-installed. 

Pros of a Fully Furnished Space

  • Move-in Ready: Forget the stress of sourcing and installing appliances. Fitted kitchens and bathrooms come with everything you need, allowing you to settle in and enjoy your new space immediately. There’s no hassle to contact places for fittings and to keep searching for electricians. No need to wait for weeks or months for deliveries and installations.
  • Standardized Quality: Usually fully furnished spaces have a modern appeal and a lasting value. The fitted kitchens and bathrooms often boast high-quality fixtures and appliances that are not only aesthetically pleasing but also built to last. You’ll benefit from a sleek, modern look that enhances the overall value of your home. 
  • Reduced Stress: A fully furnished space is peace of mind from day one, especially if it’s a hectic move. The availability of fitted kitchens and bathrooms eliminates the burden of furniture shopping and installation. 

Cons of a Fully Furnished Space:

  • You pay for what you don’t use: Furnished apartments often come with a set selection of furniture and appliances, which may not exactly match your needs. You might be paying for a bulky sofa when you’d prefer a comfy armchair, or a king-size bed when a twin would suffice.
  • Furniture depreciation: Landlords factor in the wear and tear on furniture when setting rent prices. You’re essentially paying for the depreciation of the furniture throughout your lease.
  • Style and Taste: Furnished apartments may not align with your specific taste and style. Your preference for modern furniture over traditional, or vice versa, might not sit with what is provided to you in a ready-to-move-in space. With a furnished apartment, you have less flexibility to personalize the space and make it feel like your own.
  • Functionality: The furniture provided may not be functional for your lifestyle. For instance, the couch might not be the right size for your gatherings, or the work desk might not be suitable for your profession.
  • Demand: Fully furnished apartments are in higher demand, particularly in metro cities with transient populations, which allows landlords to command a premium rent.
  • Hidden costs: The cost of furnishing an apartment can be significant for landlords. They may factor in furniture maintenance, potential damage, and replacement costs into the rent.

Semi-furnished Spaces

A semi-furnished space falls between a completely bare apartment and a fully equipped one. It usually includes needed built-in fixtures like lighting, fans, and sometimes kitchen appliances. 

Semi-furnished apartments are a good middle ground for renters who want some move-in convenience but also desire the ability to personalize their living space. Carefully consider your needs and preferences when choosing between unfurnished, semi-furnished, or fully furnished options.

Advantages of Semi-furnished Spaces

  • Cost-effectiveness: Semi-furnished spaces are comparatively cheaper to rent than fully furnished spaces since you don’t need to pay for furniture and other essentials that are not your preference. 
  • Customizable: The spaces that are semi-furnished offer you the freedom to customize as per your preference. 
  • Move-in ready: Since semi-furnished houses are almost complete, it becomes easier to move in without thinking about the immediate fixtures. 

Disadvantages of Semi-furnished House:

  • Furnishing effort: You’ll need to acquire furniture to make the space fully functional, which requires effort and planning.
  • Uncertain stability: The one issue that persists across furnished spaces of any kind is furniture and fittings. It might not suit specific tastes and or needs, and you might end up replacing it anyway.

Raw Spaces:

Delivered unfurnished, with basic electrical and plumbing. It is primarily a blank space that provides the most flexibility for customization. It typically includes unfinished walls, and ceilings, along with the essential electrical and plumbing hookups needed to build out a functional space. 

Pros of unfurnished spaces:

  • Most cost-effective: As there are zero or no furniture and fixtures or any pre-assembled features, these raw spaces are generally the most economical and cost-effective. You only need to pay for the basic building space and utilities and avoid the cost of unwanted features. 
  • Good choice for long-term investments: With complete design control, it depends on how you want to decorate and design the space. You can tailor the space to perfectly suit your needs. It is ideal for business planning to occupy the space for a longer period. 
  • Freedom of customization: Raw spaces allow you to give wings to your ideas and creativity. You are free to design the living room, dining area, kitchen, bedroom, and every corner of the space as per your preference. You can choose everything from the flooring to the lighting. 

Cons of unfurnished spaces:

  • Huge upfront investment: As unfurnished spaces are vacant by all means, depending on the condition of the space, you can add any construction or renovation of your choice. It is a significant investment for the first time as it will entail multiple additional costs. 
  • Additional renovation work: Depending on the condition of the unfurnished space, you might need to invest in additional construction or renovation to make it functional for your purposes. It includes walls, painting, or adding plumbing fixtures. 

Here are some additional things to consider when deciding on a raw space:

  • Location: Choose a location that is convenient for your target audience and employees.
  • Size: Consider the amount of space you need for your current and future operations.
  • Building code compliance: Ensure that any renovations you plan comply with all local building codes and regulations.
  • Timeline: Building out a raw space can be a time-consuming process. Factor in the time it will take to obtain permits, complete construction, and install furniture and equipment.

Making the Right Choice

Factor Fully Furnished Semi Furnished Raw Spaces
Cost Highest (includes furniture rentals, etc.) Moderate (may need to buy furniture and work on some fixtures) Lowest (buy only what you need)
Move-in Time Fastest (furniture and fixtures already there) Faster (less furniture to buy) Slowest(need to buy and arrange everything)
Level of Customization Lowest Moderate Highest
Suitability Ideal for short stays, frequent moves Good for mid-term stays  Better for long-term stays

Additional Considerations for the Final Decision

  • Hidden Costs: The potential hidden costs for furnished houses include society maintenance fees, appliance repairs, and other minor repairs and damages. Be sure to factor in all these housing budgets. Similar to furnished housing, but with potentially lower costs due to fewer furnishings. You might be responsible for repairs on the included appliances. While you won’t have the upfront cost of renting or buying furniture, you’ll be responsible for purchasing or renting everything you need. 
  • Location and Amenities: Keep a check on whether the atmosphere of the housing suits your preference. Whether it’s lively and bustling, or calm and quiet? Is there easy access to parks, cafes, or nightlife? Ensure that the connection and conveyance of the public transport system are accessible. Always look into the distance of grocery stores, pharmacies, and other necessities from the housing spaces.
  • Move-In Costs: Factor in additional costs beyond rent, such as security deposits, furniture rental fees (for furnished options), and utility connection fees.

Conclusion

Ultimately, the lead house type depends on your individual needs and priorities. Consider the budget, timeline, lifestyle, and desire for customization. 

Do you crave immediate move-in convenience and modern amenities? A fully furnished space might be perfect, despite the potential lack of personalization and premium rent. For a balance between affordability and customization, a semi-furnished space offers a middle ground. 

If you have the time, resources, and a strong design vision, a raw space provides the ultimate freedom to create your dream home, but be prepared for upfront investment and additional renovation work. 

Imagine stepping into your haven at Royal Greens. Lush greenery unfolds outside your window, sunlight dances through the trees, and a sense of peace washes over you. This luxurious township in Niranjanpur, Vijay Nagar, offers a variety of housing options to suit your desires, all nestled amidst captivating natural beauty. Over 200 families already call Royal Greens home, enjoying a life of comfort and elegance. So, choose your canvas and start painting your dream at Royal Greens.

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