Help Your Property Stand Out From The Crowd
A recent report has highlighted that there are now almost 10 buyers for every property that is up for sale. Even with this increase in the numbers looking to buy, it's still important that your property has the edge. Buyers are becoming choosier about the houses they purchase, and you want yours to attract them for all the right reasons.
The latest Countrywide Quarterly Market Review reported that for every single property that is on the market, there are, on average, 10 buyers waiting to snap it up. The figures for November 2013 show that there were 9.7 buyers for each property, compared to 8.5 in November 2012.
The report from the property services company also showed that there are an increasing number of first-time buyers who are over 25. By 2023, it's expected that 87% of first-time buyers will be between the ages of 25 and 44. As this group of property hunters becomes older, they will start to expect more from their first property. Rather than looking for a cosy starter home, they'll want a place where they can raise a family.
Sell Your Property
In any type of housing market, your home needs to look good to sell itself. However, as buyers compete for properties, there's the opportunity to seek out a quick sale if you've got the right house. Before you think about putting your house on the market, it's important to look at it from a buyer's point of view. What areas of differentiation does your house have over others on the market? What can you do to increase the likelihood of it selling?
Every home owner knows that the right type of DIY and redecoration can make all the difference when it comes to selling a property. However, there are also more major projects that can go a long way to enhancing the saleability of your house. Increasing the amount of space both inside and outside the property is a good way of improving the look. This can range from laying a decking area in the garden or installing a wrought iron balcony to constructing a full extension or building a conservatory.
One way of giving your house that extra edge is with a balcony. The availability of outside space with a property can be a big selling point, especially if not many other homes in the local area have much. If your house or apartment is lacking in this area, then adding a balcony could increase its appeal. The style and design of balconies can vary, depending on your requirements and budget. You can opt for a fairly simple shape combined with a stainless-steel handrail. Alternatively, there's the option to choose a wrought iron balcony with an ornate design through the balustrades.
Whether you're looking to sell in the near future or have more long-term plans, thinking about how your property can look better will pay off when you put it on the market.