Whether you are buying or selling property, key selling points are crucial. These are the factors which make a difference in so many property transactions, and when Rightmove lists the crucial elements in present-day property transactions, we listen.
Garden offices are a big factor these days and are listen eleven times more commonly than they were a decade ago. Bi-fold doors have also seen a significant rise in listings, up by 589% on ten years. Orangeries have increased by 173% and underfloor heating has risen by 114%.
The number of summer houses listed has risen while greenhouses have fallen.
What do the experts say?
Tim Bannister, Rightmove’s Property Expert, says: “Agents and developers have their finger on the pulse when it comes to the home features that will attract suitable buyers. Where dining rooms and fitted wardrobes may not be as important to some potential buyers compared with ten years ago, other features like an outdoor office space have soared as working patterns have changed, and the findings indicate a move towards greener features too. With outside space coming at such a premium, it may be that homeowners are ensuring what they build outside can be used in a number of different ways. For example, summer houses and orangeries are likely to have fewer or smaller windows than conservatories, and so can more suitably double up as home offices during the week and entertaining spaces at the weekend.”
Steve Rule, Group Design and Technical Director at Cala Homes, says: “Over the last couple of years there has been a real shift in what home-hunters are looking for. Buyers are considering in much more detail what they really want and need from their home, and truly optimising their space, especially as many are spending more time there through home or hybrid working. From a sustainability point of view, smart home tech has become very important. Underfloor heating is becoming more popular, both for environmental reasons and for the improved aesthetic it offers. We’re also rolling out various energy-saving measures in our homes which have risen up the agenda for our buyers – from air source heat pumps and EV charging points to water-saving fittings and PV/solar panels.”
Adrienne Minster, CEO of Rated People, comments: “Homeowners want to reduce their impact on the planet and cut the cost of bills by making their homes more environmentally friendly – in fact, the number one reason for making eco improvements is to lower their bills. So, with the rising cost of living and increasing awareness of the importance of living sustainably, it’s no surprise to see that more homeowners are choosing to make greener swaps and invest in the likes of underfloor heating.”
Contact Williams of Petersfield for all your 2022 housing market needs
At Williams of Petersfield, we aim to support the Petersfield community as much as we can, and we know this is an extremely trying time. A lot of people are looking for support and guidance, and if you have any property or housing related questions, we are more than happy to assist you, so contact us today.