The impact of the pandemic and lockdown has reinforced how vital it is to feel comfortable and happy in your home surroundings. A lot of people have re-evaluated what their home means to them in the past year. Even though many people have moved home already, we know many others are still considering their options.
At Holmes Estate Agents, we are pleased to have helped many buyers and vendors in South West London. We know what buyers are looking for, and we know how homeowners who are selling up can connect with these buyers.
If you want to make an informed decision in the property market, choose a company who understands what is happening. We pay attention to local activity, and we stay in touch with the latest studies and surveys.
Homeownership dreams are changing
The study from GetAgent examines how people have changed in the past year when it comes to owning property. Homeownership is a dream for many people and households, but does the dream end with merely owning a home?
We know many people we work closely with spend a lot of time and money transforming their home. By doing so, they create a house where they feel at home.
The findings from the study were as follows:
38% of homeowners said owning property was their main aspiration
45% of respondents said that there was more to property ownership than having a roof over their heads, and it’s important that their home fits with their lifestyle
A further 17% of respondents said it was very important that their home fits with their life
The survey also asked people to rank what was important to them in their home, with the following results:
24% of respondents said safety was a priority
20% said size was a priority
Energy-efficiency was stated by 19% of respondents
8% said having a garage
6% said having a garden mattered
A home bar mattered to 4% of respondents
3% of respondents stated an integrated media system mattered
People want to love their home
Colby Short, Founder and CEO of GetAgent.co.uk, commented: “There’s no doubting we’re a house-proud nation but the definition of being house proud has certainly evolved over the years. Gone are the days of presenting a pristine show home to impress friends and family and today, we love to put our own unique stamp on our properties in all manner of ways.”
Colby concluded by saying; “For some, it’s energy-efficient improvements such as solar panels, for others a space to get their hands dirty working on their latest project is important. Others prefer to entertain, while the latest technology integration or entertainment system makes some of us tick. Whatever it is, we love to spend time at home doing the things we love and so it’s no surprise that they’ve become more of an extension of who we are rather than simply a roof over our heads.”
We have considerable experience and expertise in the South West of London. We are ideally placed to help vendors, tenants and landlords during this challenging time. If you have any questions regarding the South West London property market, please get in touch with Holmes Estate Agents today.