Whether the property market is running hot or cooling down with the seasonal shift, buyers will always have a vision of what they want their next home to be – and your property for sale might be full of off-putting aspects.
A new study by Tapi has identified the top five home-related turn-offs, together with five aspects that make people feel positive about a property.
- A property that needs a lot of work doing to it
While some buyers have their heart set on a ‘doer-upper’ that can be ripped apart, stripped back and rebuilt to their own liking, almost half (45%) of those questioned said a home that needed too much work was a non-starter. What many purchasers are looking for is a home they can move into and enjoy from day one, without booking a plumber, electrician or builder.
- A property in need of complete redecoration
Buyers are not fond of homes where the standard of decoration is of an acquired taste or of a tatty standard. In fact, 22% of those taking part in the study said the need to completely redecorate would put them off a property. If your rooms are painted in vibrant shades or the walls covered in crayon scribbles, a trip to a DIY store may be required.
- An old kitchen
While some kitchen cabinet, tile and worktop combinations can stand the test of time, 28% of buyers would discount a property if it had an old kitchen that needed replacing. As well as a dislike of dated doors, damaged surfaces and greasy tiles, 12% of people taking part in the same survey said they were looking for modern appliances.
- Too much noise
Sometimes it’s not what’s in your property that will put off potential buyers but what’s outside. Lots of external noise was a negative for 43% of those taking part in the study. While there’s not much you can do about living under a flight path, next to a railway line or beneath a heavy-footed family fond of shuffling furniture, you can investigate a number of ambient improvements, such as triple glazing, soundproofing, more absorbent floorings and using trees as a noise buffer.
- Unsightly surroundings in eye view of the property
An attractive view is very important to some buyers, with 36% saying an eyesore visible from the property would prompt them to discount it. If the offending sight is within the seller’s boundary – such as an overgrown garden or a skip on the driveway – they have the power to change the view quite easily. If it’s a sight outside of their control, it may be possible to obscure the view with screening, plants, fencing or partial frosting to windows.
5 things buyers DO want to discover
The same Tapi survey identified property aspects that buyers did want to see when viewing a property.
- private outdoor space (52%)
- a new kitchen (51%)
- a new bathroom (42%)
- freshly painted walls (20%)
- neutral colours (19%)
With this knowledge, sellers can upgrade their property before it goes on the market, with a few tweaks giving it wider appeal. When it comes to more ambitious improvements, consult with us as to whether the cost of a new kitchen or bathroom will be recouped when selling. We can also discuss pricing your property to take external factors – such as noise and visual distractions – into account.
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