If you are looking to sell your Petersfield home, it is helpful to know what buyers are looking for. In the current housing market, the demand for homes far outstrips the supply of property. This is positive news for homeowners looking to sell, but you shouldn’t be complacent.
If you want to maximise the return you receive on your property, you want to connect with buyers in the most effective manner. At Williams of Petersfield, we know the local market well, and we know what property buyers are looking for. This ensures we represent you in the most effective manner.
We also know the national market, staying in touch with what is happening across the country. This ensures we help you make informed decisions.
Going green makes sense in the housing market
One trend we see at the moment, both locally and nationally is energy-efficient homes are in greater demand, and many buyers are willing to pay more for this style of home.
If you are a homeowner looking to connect with buyers, it makes sense to carry out home improvements which boost the energy efficiency rating for your home.
A recent study by FJP Investment spoke with more than 1,000 people. 44% of respondents said they would pay more for a home that has a high energy efficiency rating. When focusing on people aged between 18 and 34, 59% said they would pay more for a home with a higher energy efficiency rating.
This is important information, as it should guide you in how to best enter the market. The study also showed only 22% of respondents said they would buy a home with a low energy efficiency rating, and make improvements from there.
Give homebuyers what they are looking for
If you plan on selling your Petersfield home, it is far more productive to give buyers what they want from the start. At Williams of Petersfield, we will make sure you connect with buyers in the most appropriate manner.
Jamie Johnson, chief executive of FJP Investment, said: “The energy prices hike will see homeowners across the UK facing much higher energy bills compared to previous years, and our research shows that more people are starting to take green credentials more seriously when it comes to their next home or property investment. Greater energy-efficiency will continue to increase as a key factor in preferences as homeowners seek to reduce energy bills and live more sustainably. Now, more than ever before, developers, construction firms and designers must prioritise sustainability in future projects to meet the demands voiced by homeowners, with most seeking a property already equipped with energy-efficient features rather than one that needs retrofitting further down the line.”
Jamie Johnson also said; “While the tax relief announced in the Spring Statement on solar panels, insulation and heat pumps is a step in the right direction, the measures don’t go far enough to solve the affordability issue facing many households who will find these energy incentives largely out of reach. Driving sustainability in new homes and removing the affordability barriers to green renovations and sustainable home ownership needs to be at the forefront of the government’s agenda, who must work hand in hand with the construction industry to ensure greater progress is made.”
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.