Buying and selling property can be a tricky business, especially in today’s modern world when Trends can change in a flash. No matter whether you’re putting your home on the market or looking to buy your first property, it helps to have an idea of what people look for when buying a house.
There are many things sellers can do in order to make their home more appealing to potential buyers. However, there are also some things that buyers looking to buy a property should be aware of.
Let’s explore what people look for when buying a house.
What’s important to people when they’re buying a house?
People value the location of a house more than its style. This is a sensible approach to consider cosmetic and structural modifications that can be made to improve the appearance of your house, but nothing can change its location.
When it comes to location, look for somewhere that’s convenient to travel to work, family, and friends and that has a welcoming feel to the neighbourhood. Remember, you’re probably going to be living in your new home for a while, so you want to be sure you feel happy and comfortable where you settle.
What are people willing and able to pay more for?
A UK bathroom design specialist surveyed a range of hopeful house hunters of various ages to find out how much more they’d be willing to pay for an extra bathroom. The study revealed 86% of respondents would pay more for a home with two or more bathrooms, and 10% would pay upwards of £10K for each additional bathroom.
It’s clear an extra bathroom will make a house more appealing and therefore could be sold for a higher price, but the type of bathroom was revealed to be of importance too.
42% of respondents thought an ensuite bathroom off the master bed was the most appealing design when purchasing a home. A separate bath and shower was the second most popular choice, with 41.5% indicating that this is their top priority.
What should you do before you buy a home?
When buying a house, it’s essential to check the condition of the property. This includes checking for damp or mould, as well ensuring that all heating, electrical and plumbing systems work properly.
You’ll also want to ensure you’re investing in a good area with convenient amenities and a respectful neighbourhood culture. Be sure to check the value of houses in your chosen area before making any decisions, to ensure you don’t invest in a neighbourhood where house values are dropping.