A new survey has found that the biggest reason Brits make an offer on a property is simply because they fall in love with it. With an impressive 56% of us saying this is the deciding factor, if you’re thinking of selling your home, exactly what is it going to take to get potential buyers to fall hook, line and sinker?
Research carried out by conveyancing company, myhomemove.com has revealed that the number one reason people fall in love with a place is because of the location (58%).
When it comes to choosing the location of a property, 45% of buyers want an area which has good transport links, 35% want green space nearby and 32% likes to see good local amenities.
Being close to family was found to be more important for women (32%) compared to men (26%) and surprisingly, being near friends was ranked as the least important factor for both sexes.
For buyers in their 20s, having a school nearby and being in an up-and-coming area ranked in joint second place with 34% saying these factors are important to them. 43% of us say that regardless of what the property is like, if the location isn’t right, we won’t make an offer.
Naturally, price is going to play a big part when it comes to choosing a new home and for us Brits, it’s the second most important factor when it comes to making us fall in love with a property. 37% of us are more likely to make an offer if the price is right and 40% say that even if they like a property, they won’t make an offer if the asking price is too high.
If you’ve neglected your garden because you don’t think that potential buyers care about it as much as they do about the inside of the property, it may be time to have a re-think. With 29% of us saying that the garden is what makes us fall in love with a home, it comes in as the third most important factor when it comes to creating that wow factor.
The inside appearance
More than a third of us (34%) are turned off by the inside appearance of a property so if you’re thinking of selling, it’s well worth investing a bit of time and money to get the place looking great.
It may seem counter-productive spending money on refurbishments if you’re about to move but kitchens and bathrooms really do make houses sell so if yours is out of date and you’re not getting any offers, it may be worth looking into having them re-fitted.
You can make the place seem bigger by de-cluttering (https://www.cluttergone.co.uk/) and don’t forget to create a homely feel with finishing touches such as cushions, candles, flowers and artwork on the walls. Window dressings can also make a big difference because this is something people will notice from both the interior and exterior of the property. Window shutters not only look fantastic, they can also add value to your house.
Commenting about the findings of the study, CEO of myhomemove.com, Doug Crawford said:
“For most people, location is the secret ingredient which makes people fall in or out of love with their home. Brits also love a bargain, which explains why cost was the second most important factor. As house prices continue to climb and many first-time buyers struggle to take their first step onto the property ladder, younger buyers are more willing to scout up-and-coming areas to try and find a bargain to fall in love with.”