Modern homebuyers have much to consider, but few design elements receive more attention than an open or closed floor plan. With an open layout, the major rooms in the home exist without walls between them; a living area, kitchen and dining room might inhabit a single, large space. In a traditional or closed plan, each room has its designated space enclosed with walls. While current trends veer toward open floor plans, they may not be right for every family. Keep reading to get a better idea about the benefits and pitfalls of each option.