Vendors are more than happy to stage the inside of their home. Now, with such a strong focus on the outside of properties, it is time for vendors to devote as much time and attention to the outside of their homes.
The demand for outdoor space is obvious
The first monthly market survey report from the Royal Institution of Chartered Surveyors (RICS) since the housing market re-opened provides a number of reasons why vendors must focus on the outside of their property.
The RICS survey collects opinions of agents across the country, so it offers useful insight into what property market professionals expect to see in the industry. The survey reported:
81% of agents predict an increase in desire for homes which have a garden or a balcony
74% of respondents predict an increase in demand for homes located close to a green space
68% of respondents believe properties with privacy and less communal space will be in greater demand
Simon Rubinsohn is the Chief Economist at RICS and he said; “There are already signs that those looking to buy a house are responding to the conditions created by the pandemic by seeking out properties with gardens or balconies and nearer green space. These and other similar features are likely to increasingly command a premium over higher-density urban locations, according to respondents to the survey.”
Gardens matter for property buyers
There has also been backing for these predictions from one of the leading property portals in the United Kingdom. Their studies suggest that while gardens have always been a popular search term for buyers, there has been an increase in prospective buyers looking for outdoor space in their next home.
Rightmove’s housing market analyst Miles Shipside said; “During lockdown people have been re-evaluating what their must-haves are, and both buyers and renters are craving a home with its own outside space rather than a flat. Usually home-movers tell us the kitchen photographs are the most important when they’re looking at a property advert, but now agents should consider giving greater prominence to pictures of gardens and outdoor spaces to attract the attention of prospective renters and buyers.”
There is consensus that outdoor space is important. Of course, when outdoor space becomes a common feature in the market, there is a need to ensure your garden stands out for the right reasons.
This is why staging outdoor space is going to become a critical feature in the property market.
Consider these areas when staging outdoor space to sell your home
Always start with the decluttering and cleaning process, as this creates space and makes the area look more attractive
Carry out repair work, focusing on paths, property walls and property doors and windows
Create borders around different types of plants and flowers
Mow the loan and ensure all borders are tidy
Ensure all border barriers, such as fences, are in good condition
Consider adding lighting to the outside of the property as this will enhance security, safety and functionality
If you have space for people to gather, consider adding garden furniture
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.