PROPERTY TURNOFFS!!

Posted on Thursday, August 19, 2021

PROPERTY TURNOFFS!!

Research has highlighted the top 15 turnoffs for homebuyers when searching for their next property.  From subsidence to unkept gardens and the financial impact they can have on the value of your home, we are able to offer full support and advice in preparation for the sale of your property.  Coming in at the top spot is subsidence which refers to the ground beneath the property sinking and as a result pulling the building down with it.  Second on the list is Japanese Knotweed, a destructive plant that can grow up to 10cm in a single day, causing significant damage to the structural integrity of the property.  Poorly maintained gardens can also decrease the value of your home by up to 14% which, bearing in mind that the demand for outside space is so high, should be one of the first places to start when considering selling.  If new power lines, mobile phone towers or wind turbines are planned nearby, this also has a negative impact on the buyers willing to pay the top price for your home.  Nuisance neighburs and flood risks or water damage can reduce a property's value by as much as 10%.  Lack of convenient parking has a negative impact on the value to the tune of 7%, while unlucky house numbers can reduce the value by up to 6%.  Structural issues 5.5%, local power stations 5%, damage or odours left by pets in the house and cluttered rooms 4%, damp or mould and asbestos 1% and woodworm 0.5% can all cause significant reduction in the value of your home.

Many of these issue can be fixed, a process which shouldn't be overlooked when you consider the related values that it can wipe off the value of your home.  Some, however will require greater input, both financially and in terms of the time they take to rectify.  From minor aesthetic adjustments to grander plans, we have the knowlede and expertise to offer valuable advice to help you achieve the maximum price for your property.