How is VR Helpful for Custom Home Building

How is VR Helpful for Custom Home Building

Harnessing Virtual Reality (VR) in Custom Home Building: A New Age Revolution

The home-building industry, steeped in tradition and craft, has always been a fertile ground for innovation. From the dawn of the first architect’s compass to computer-aided designs, every new technology has played a transformative role. In the current era, Virtual Reality (VR) stands at the forefront as a groundbreaking technology that offers unparalleled advantages to custom home builders, promising a fusion of innovation with tradition.

Breathing Life into Blueprints with Enhanced Real Estate VR Visualizations

Gone are the days of mere 2D drawings and static 3D renderings. VR technology is reshaping client presentations. Imagine donning a VR headset and stepping into the foyer of your dream home or walking into a custom-designed kitchen before it’s even built. This sensory-rich, immersive preview is a quantum leap from traditional visualization methods. Not only does it allow homeowners to tangibly experience their dreams, but it also provides a holistic understanding of design elements, finishes, and spatial layouts. VR transcends imagination; it’s a gateway to experiential reality.

Accelerating Dreams with Faster Decision-Making

Traditional design reviews often involved lengthy discussions, primarily because of the gap between what’s on paper and what’s in the client’s mind. With VR, that gap narrows considerably. Real-time visualization means clients can see, adjust, and finalize design elements on the fly. Whether it’s the hue of the living room walls or the texture of the bathroom tiles, every tweak is instantly viewable. This interactivity leads to reduced decision-making time, ensuring the design process is fluid and efficient.

A Symphony of Ideas: Improved Client Communication

The home-building journey is a collaborative dance between architects, builders, and homeowners. VR offers a synchronized platform for this dance. No longer do teams have to rely solely on blueprints and mock-ups. With a VR headset, everyone—be it the architect in New York or a client in Tokyo—can convene in the same virtual space. This uniform visualization eliminates ambiguity, reduces the scope of misinterpretation, and fosters a spirit of holistic collaboration.

Building Right the First Time: Reduced Errors and Change Orders

Errors in the construction process aren’t just setbacks; they’re costly missteps that can escalate project budgets and timelines. Fortunately, VR acts as an invaluable auditing tool. By simulating the complete home in a virtual space, teams can run detailed walkthroughs to identify potential design issues, structural flaws, or aesthetic mismatches. This early detection is pivotal in preventing time-consuming and expensive reworks, ensuring the project remains on track.

The Future Showcase: Using VR to Attract New Clients

In a market saturated with builders, standing out is crucial. VR offers custom home builders a dynamic tool to make a memorable impression. A VR tour, with its intricate detailing and interactive design, can be exponentially more compelling than a slideshow or a brochure. By crafting immersive experiences for potential clients, builders can showcase their innovation, dedication to quality, and commitment to delivering unique homes.

Enhancing Client Relationships with VR

An often under-discussed aspect of VR is the trust it fosters. When clients can virtually step into their future homes, witness the beauty of design, and have a say in customization, it instills confidence. They’re no longer investing in an idea but a tangible experience, which strengthens the bond between the client and the builder.

Conclusion

As technology expands, Virtual Reality stands out as a beacon for the custom home-building industry. It’s more than a tool—it’s a paradigm shift, propelling every phase of home-building into the future. At Radical Galaxy Studio, our journey with VR has been transformative. Working closely with both home builders and homeowners, we’ve seen firsthand the monumental difference VR brings. It’s not just about constructing homes; it’s about crafting dreams and memories. For custom home builders and clients alike, VR isn’t a mere glimpse into the future—it’s the present shaping the homes of tomorrow.

VR Studio Radical Galaxy Partners with Apollo, Eastdil Alum to Scale Business and Open NYC Office

VR Studio Radical Galaxy Partners with Apollo, Eastdil Alum to Scale Business and Open NYC Office

With projects to date including working with major corporations such as Hyatt Hotels, Radical Galaxy Studio has earned its rank as one of the top providers of virtual and augmented reality content in the real estate industry.

Today the company is excited to announce, in partnership with Bradley Snyder, formerly of Apollo and Eastdil Secured, a major scaling and expansion of the current Bellevue, Washington business with the opening of a new office in New York City.

Mr. Snyder will serve as Managing Partner alongside Matthew Shaffer. “We are thrilled to work with Bradley to meaningfully grow the business while continuing to push the technological boundaries within the real estate industry,” said Mr. Shaffer. Mr. Snyder managed real estate investments at leading private equity firm Apollo Global Management after spending time advising real estate transactions at Eastdil Secured.

“At Apollo, I saw firsthand the tremendous impact of new technologies on the way we design, develop, manage and sell real estate,” Mr. Snyder commented. “After implementing disruptive real estate technologies such as VTS, Matterport and Leverton into my own deals over the years, I knew immediately a company like Radical Galaxy had an opportunity to impact the industry in the same way.”

Mr. Shaffer will continue to lead the team based in Bellevue, Washington while Mr. Snyder will lead the expansion in New York. The New York office made its first hire by welcoming Taylor Nederlander on board. Ms. Nederlander will focus on marketing and business development.

About Radical Galaxy:

Radical Galaxy Studio, LLC (https://radicalgalaxy.com/) is a creative studio specializing in visual solutions for the un-built architectural environment focusing on virtual reality (VR), augmented reality (AR) and mixed reality (MR). The Radical Galaxy team consists of designers, architects and developers who have teamed together to push boundaries and use cutting edge tools to create inspirational work. In addition to VR/AR/MR, Radical Galaxy offers architectural renderings, 360 videos and panoramas, animations and real-time PC walkthroughs.

Virtual Reality: The New Normal for Commercial Real Estate

Virtual Reality: The New Normal for Commercial Real Estate

Skilled commercial real estate brokers have vivid imaginations. They can walk into an old office building or unfinished retail space and picture all the possibilities: glossy new floors, modern furniture, the new elevator that opens out into a freshly-remodeled amenities space. The average tenant, however, lacks such imaginative powers. Even small, easy-to-fix issues like a bad paint job or dated lighting fixtures can put off potential leasees, making them walk away from an otherwise perfect space.

But what if a simple tool could allow the would-be tenant to see what the broker sees?

This is exactly what virtual reality (VR) technology allows. By wearing a VR headset, potential clients can look at a detailed and realistic 3D virtual world of what a finished office space will look like and take what feels like a physical, built-to-scale tour of the completed space.

Of course, VR isn’t exactly new in real estate. The residential market has been quick to adopt these new tools, as the New York Times reported last year. In fact, right here on the Radical Galaxy Studio website, visitors can explore realtime walkthrough animation examples for apartments and condos. And with a VR headset, these virtual environments can be made infinitely more experiential and interactive—bringing to life un-built architectural spaces.

But the commercial real estate space has lagged far behind the residential market. And because large commercial leasing brokers have been slow to adopt these new technologies, building owners are losing potential revenue while clients hesitate to sign on to a space that doesn’t yet look perfect.

With all that untapped potential, virtual reality is poised to become the next game changer in commercial real estate. After all, aside from fully finishing and furnishing a vacant space, virtual reality is the most effective way to let potential tenants see what they’d be getting. Virtual reality real estate tours, for example, allow cautious clients not only to visualize the final space but also actually move around it, interacting and experiencing every aspect of their future offices, from walking in the lobby to riding the express elevator.

In fact, virtual reality can give potential tenants an interactive, game-like experience. Beyond moving in, out, and around buildings, VR tools allow users to see how the light might change from day to night, and even review different floor plans and design options, swapping out the layout of a floor and moving objects around.

Despite these benefits, in our opinion no large commercial real estate broker has stepped up as of yet to take the lead in the industry with VR technologies. Some of the more innovative companies have taken small steps, creating content for Oculus Rift, Windows Mixed Reality, and other VR headsets and viewers, including those created for use with iPads and mobile devices. Cushman & Wakefield, for example, created a 360 video to give virtual reality real estate tours of Costa Mesa’s Park Tower. Construction companies too have begun to employ VR technologies to help clients visualize finished projects. However, these projects remain, for the most part, case-studies. The first large broker to fully invest in VR marketing has the opportunity to attract clients and claim the market for this value-added service.

The challenge, at the moment, is that the cost of VR technology can seem high at first glance, especially for the more advanced, immersive experiences. Yet because VR tools are so effective at marketing properties, they can quickly and easily recoup their up-front costs. A $10,000 VR project, for example, costs far less than leaving vacant a $50,000-per-month office space. In addition, prices for VR tools are dropping quickly as innovations ramp up and scale. Pioneering entrepreneurs who invest in VR technology now will be positioned to profit in the not-too-distant future. Goldman Sachs projects that by 2025, VR will become a $2.6 billion market in real estate alone.

This means that soon, potential tenants will simply come to expect VR technology as a matter of course. And property owners too will expect their commercial real estate brokers to employ VR tools, demonstrating their commitment to showcase the buildings in innovative ways that attract the best prospective clients to the properties.

Since it’s only a matter of time before VR will become de rigueur in commercial real estate, forward-thinking property owners and brokers are already embracing these tools, integrating them into their business practices today. Those businesses that fail to adopt and adapt to VR now will likely get left behind.

High-Profile: This Virtual Technology Is Making Designers’ Dreams Materialize Before Their Eyes!

High-Profile: This Virtual Technology Is Making Designers’ Dreams Materialize Before Their Eyes!

Imagine being able to walk through your project before construction begins, without having to build model rooms or show suites. Radical Galaxy Studio is making that all possible with their team of designers, architects, and developers who are creating fully immersive virtual reality and augmented reality experiences.

Real estate developers historically used tools like renderings and model rooms for internal decision making purposes and for pre-construction sales and leasing. Virtual reality and augmented reality take renderings to the next level.  While the industry is still in its early ages of adoption, the technology saves clients time and money, and is being adopted by many of the largest developers, construction companies, property managers and architects around the country.

“Virtual reality is not just a marketing tool, it has varied applications that help improve and speed up the development process,” said Matthew Shaffer, founder of Radical Galaxy Studio.  “Every week saved during the development process becomes a great cost savings especially for projects with external financing.”

Virtual reality is being used throughout the development cycle.  During the design phase, developers and architects can use it to get a sense of scale and make modifications to early stage plans, or to review different options instantaneously such as changing ceiling heights or room dimensions. Further along the process, developers have the ability to use virtual and augmented reality for community relations, city council meetings and shadow studies.  Lastly, virtual reality is also being used for marketing purposes to either lease-up or sell a property.

“While experienced professionals can visualize unfinished projects and picture all the possibilities: new hardwood floors, contemporary furniture and the roof top deck with stunning views of Boston, the average tenant often lacks such imaginative powers,” said Shaffer. “Virtual reality allows the potential tenants to see how the building will look when completed, along with giving them the ability to switch between different design schemes until they see one of their own liking.”

Potential buyers can also be given the power to change the flooring options, back splashes, countertops, and other elements to customize the space to their own liking, thus leading to more presale opportunities.  Within the virtual reality world, users can also walk freely into and out of buildings or up and down the stairs, take elevators, peek into closets, and even toggle on light switches and faucets, giving them a better sense of the space layout and allowing them to make better informed buying decisions.

The qualities of virtual reality run the spectrum from mobile VR which can be used with Google Cardboard to high end VR built-outs that use more advanced hardware like the Windows Mixed Reality platform and Oculus.  The more advanced VR is very technical and complex to create, but the results are spectacular and showcase projects in a way that couldn’t otherwise be done.

Virtual reality will continue to transform the real estate business and will soon become common practice, whether it’s real estate brokers or property management companies in New England using 360 video tours integrated in virtual reality portals or developers, interior designers, architects, engineers and construction companies using more advanced solutions as a tool throughout their process.  Along with the increased usage of the technology, hardware is also advancing quickly.  Many of the major tech corporations along with venture-backed companies are investing heavily into the space looking to make the next break-through.

 

Check out the High-Profile article here: https://www.high-profile.com/virtual-technology-making-designers-dreams-materialize-eyes/

Baltimore Business Journal: VR company coming to Owings Mills wants to help you walk through a room before it’s built

Baltimore Business Journal: VR company coming to Owings Mills wants to help you walk through a room before it’s built

Imagine getting to walk through your remodeled kitchen or bedroom before renovations even start. You could get a feel for the space, make changes to the decor and flooring, even see how the room would look if you moved a wall.

Radical Galaxy Studio offers that experience for homeowners and developers, using virtual reality.

Check out the Baltimore Business Journal article here: https://www.bizjournals.com/baltimore/news/2017/11/22/vr-company coming to-owings-mills-wants-to-help.html

Oculus’s planned expansion continues to drive our Seattle region as a hotbed for Virtual Reality!

Oculus’s planned expansion continues to drive our Seattle region as a hotbed for Virtual Reality!

Geekwire: Oculus will need somewhere to put all those people, and the real estate and virtual reality communities are buzzing about a massive expansion for Oculus in the Seattle area. Real estate sources tell GeekWire that Oculus is looking around for 200,000 square feet of research and development space in Redmond. Additionally, the company is rumored to be in the market for a big chunk of office space — possibly as much as 500,000 to 1 million square feet — in the Seattle area, according to three real estate sources not involved in Oculus’ search.


An Oculus spokesperson declined to discuss the company’s future plans or real estate needs in the Seattle area, but did provide the following statement: “We recently shared our vision to get 1 billion people into VR, and we’re growing the Oculus team in Seattle to help make that happen. We’re excited about the talent and growth in Seattle, and welcome engineering, product, and hardware experts who want to join us!”

Oculus’ job site lists 239 open positions worldwide, and Redmond, where its long-term research efforts as well as hardware and other operations are focused, accounts for 117 of those openings. In Seattle, Oculus has another six openings. Menlo Park, where Oculus is headquartered, has the second most job postings at 71.

Seattle’s reputation as a tech hub is no secret, but beyond the giants of Amazon and Microsoft, and the title of cloud capital, the Seattle area is becoming a hot bed for virtual, augmented, mixed — and every other kind of tech-enhanced reality. Microsoft has the high-end HoloLens headset, which recently expanded to 29 new countries. Valve, which works with HTC on the Vive headset, is based in Redmond’s neighbor of Bellevue, Wash. HTC’s Creative Labs offices are in Seattle’s Pioneer Square neighborhood. Earlier this year GeekWire reported that Amazon Web Service is building a team focused on mixed reality.
https://www.geekwire.com/2017/facebook-owned-oculus-makes-big-hiring-push-seattle-region-amid-rumors-real-estate-expansion/