Although real estate appears to be problematic according to the news over the recent years, architecture isn’t. This is because people are not exactly looking for new properties, they are looking to redesign the properties that they already have. This is why according to many sources, architects still stand strong as one of the highest-paid professionals in the real estate and construction industry.

Brian Setencich, a well-known freelance architect, and real estate analyst give us the lowdown on the profitability of architects in 2018 and beyond:

• High median salary – an average architect working in the United States will get a salary of $70,000 a year, which is almost more than half of the usual median average for all the jobs combined. Average worker salary in the US is only around $ 40,000-45,000.
• Architects are flexible – an architect can work will in many sub-industries in real estate–they could be participating in private properties, industrial companies, as well as tourism-related opportunities. The possibilities are endless for the profession.
• The Architects have an increased growth rate – it is reported that architects have an expected growth rate of 4% by 2024, which means that there will be more opportunities for advancement in the future.

Wha are some ways that architects are constantly building through a booming industry? Brian Setencich explains it all.

4 Ways Architects Are Creating A Booming Industry

Architects are paving the way for sustainability development

The real estate industry may be experiencing some growth problems due to millennials’ difficulty in purchasing their first homes, but architects are still on the rise. Why? This can be attributed to the fact that more property owners are focusing on the renovation of their spaces for increased sustainability.

For example, the term “sustainable homes” is creating a buzz in the real estate community. Many people are opting for natural materials, recyclable finishes, and other things that can help them make the project zero-waste. There are also some models that architects have made over the last couple of years such as pre-fabricated homes. These homes have less waste as you won’t be needing construction materials to establish them. Most construction projects often leave waste and pollution during the process. Having pre-fabricated homes eliminate this entirely.

Architects are embracing modernism

Most people have now attempted to simplify their lives. The signs are evident as many have become cult followers of the minimalistic movement, diminishing materialism, and creating a better balance of their work life and personal life. This ultimately reflects how people live, and it affected the way they want their spaces made.

The term “modernism” is now adopted by architects and is now used by many professionals as a term of reference for simple and fuss-free architectural styles. Now that people have embraced these types of designs to create their living and workspaces, architects also have made ways to help their clients express themselves through this style.

Architects have incorporated technology in the real estate industry

It isn’t just the creation of styles that should be advancing when it comes to real estate. More importantly, architects have incorporated technology to help improve the current state of modern properties.

For example, there is computer-aided training for architects to assess the safety of a building plan or to improve its built-in security features. Additionally, high-profile companies seek the help of an architectural technician to help them create a blueprint for a property that will yield the best results for their company goals.

Architects help in the tourism industry

With tourism in its all-time high, more people are looking for opportunities to travel domestically and overseas. A big factor that helps them decide if they’re going to book a resort or hotel is its facilities.

Architects partner with aspiring hotel and resort owners to create a space that’s appealing for the traveling population. In this case, it is not only the real estate industry that’s gaining from the architect’s work but also the tourism economy in that region.

As another decade will soon come to a close, architects will remain as a precious asset to many industries. Their expertise and ingenuity are one of the reasons real estate continues to survive.