These are the top 10 things that homebuyers are prioritising in their property searches in 2023.
1.Open plan living
In today's modern home people are choosing open-plan layouts to maximise the feeling of space and light. An open-plan living area is often a multi-functional space that is home to entertaining, relaxing and dining. These type of layouts are highly sought after by buyers.
2.Home Offices
Working from home is no longer unusual and as a result, many buyers place a lot of value on having an office space that is separate from the rest of the home. Working from home has its challenges particularly when the children are around and working in a confined space, wont work.
3.Modern Kitchens
Efficient, sleek and modern kitchens have been topping buyers' must-have lists for several years now. A modern kitchen with lots of storage and worktop space adds to the functionality of home living.
4.A Pantry
Space is important to buyers. Pantries offer the ability to create space in the kitchen by storing everything you need there. They are perfect for stashing away a large weekly shop or for hiding bulk buys with ease.
5.Kitchen Islands
Kitchen islands are high on many buyers' lists of things they want because they add extra counter space, storage and a nice focal point. It quite simply transforms the look and feel of the kitchen and the house in general.
6.Storage
Buyers are looking for properties that feel spacious and storage is key to this. Ample built-in storage is very attractive to buyers to include built-in fitted wardrobes. The number of new homes built which are small, boxy and lack storage space is often cited as the most common complaint about new built homes.
7.Hardwood Flooring
Durable, easy to maintain and long-lasting, it is easy to see why hardwood floors are popular with buyers. Not only for when it comes to selling a property, but also when it comes to renting out a property tenants always prefer this type of flooring.
8.Outdoor Entertaining Areas
Since the pandemic, buyers have placed a premium on socialising spaces and outdoor gathering spaces are especially popular. A garden with a veranda/patio section would really make the difference for those perfect summer occasions for relaxing and entertaining with family & friends.
9.Garages/outbuildings
After the pandemic, buyers have become much more interested in having enough space at home for do-it-yourself projects without them getting in the way of their living space. Having a garage can also provide the possibility of converting it to extra living space which is more cost effective when you compare it to an extension.
10.Going Green
Energy bills are going up, the cost of living is going up and people are becoming more aware of how they contribute to climate change. This means that homes with EPC ratings of C or above are getting more attention from potential buyers than homes with a big carbon footprint.
If you are thinking about putting your property in Wandsworth, Putney, Earlsfield and Southfields on the market, please call us on 020 8870 5880 and we will be delighted to come and give you a free no-obligation valuation.