Robert “Bob” Maddox has been completely immersed in Real Estate since building his first “spec” home in 1963. During his 50 years of real estate experience he thought he had seen it all. R. Bob has done it all—Custom and speculative home construction, sales & brokerage, raw land development, government-assisted housing, commercial development, hotels & resorts, floor plan design and interior decorating. Yet recently, he discovered (or uncovered) a real estate “niche” which he has never developed and apparently others have not appropriately identified.
While conducting open houses on a condominium project he was selling, Bob observed an astounding trend from talking to would-be buyers. One-after-another, buyer-after-buyer repeatedly asked for the same product. Reluctantly he had to answer that not only did he not have any inventory of what they were seeking, but was shocked to learn that literally no one was selling that type of product! Week-by-week the requests kept coming. In fact, it became a game to him; as new buyers would enter his open houses he would tease them by saying, “I know just what you are looking for before you even tell me” and then proceeded to list off the description, floor plan and features of the house for which they were looking! Buyers would drop their jaw in amazement and exclaim, “Yes, please tell me where those are located!”
Always an identifier of trends, Bob began to investigate and soon his curiosity evolved into detailed due diligence. Months of driving, calling and researching revealed that this demand simply had no supply! In fact, not a single like-kind project could be found in the entire metropolitan Oklahoma City market. He was astounded.
Our Common Sense approach to floorplan design is to minimize wasted space saving our client’s money now and well into the future. The home design must also have longevity with beautiful finishes and details that are aesthetically pleasing for years to come. At Spectacular Homes, we call this Sensible Luxury and nothing less will do.