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Bury St Edmund’s Vendors – Here’s What Buyers Want

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Thu 24 Oct 2019

Bury St Edmund’s Vendors – Here’s What Buyers Want

Selling your home is a challenging process, but it becomes an awful lot simpler when you know what buyers are looking for. We are pleased to say we have helped many local vendors sell their home, but we know the market is continually evolving. It is helpful to update your knowledge of the market, and to look for information on what buyers want when they view homes.

A recent study undertaken by Hyperoptic suggests the following factors are essential for buyers when reviewing a property:

·         The number of bedrooms in the home

·         A fast and reliable internet connection

·         Being close to a pub

The number of bedrooms in a property has always been important for buyers, and it is no surprise to see this feature prominently. Obviously, the need for a fast and reliable internet connection is a more recent thing, but it is an integral aspect for many modern buyers. It is also a feature that is here to stay.

The internet is here to stay

The reliance on the internet for everyday life looks to be a permanent fixture, perhaps eventually superseded by something even more engaging and connecting, but for now, virtually every home needs a fast and reliable internet connection. As for the other necessity, people like pubs!

A surprising aspect of the findings suggest that a large living room is often deemed more important than having a contemporary kitchen. For several years, the kitchen was viewed as the hub of the home, and one of the most crucial elements in selling your home to a buyer. It is perhaps not surprising that for some people, this cycle has moved on, and the living room is as good a room as any to focus on.

Local shops help a homeowner feel at home

Another interesting point which arose in the survey is buyers find local shops to be of more importance than storage space. It could be argued you can buy off-site storage for all your needs, but the convenience of a local store cannot be triumphed. Yes, online shopping is improving all the time, and Amazon can send orders in two hours in some places, but there are times when the service provided by a local store is critical to a happy or easy life.

Other interesting findings include:

·         30% of respondents keen to live close to a train station

·         33% of respondents looking for a corner shop close to their home

·         More than 25% keen to have a post box close to their home

These are not results and findings you naturally associate with the pressing needs of a property buyer, but it indicates there are many things for buyers to consider.

If you are selling your home, and the local area offers these features, make sure buyers know what is available close to your home. Vendors should focus their time and energy on creating a stylish and appealing home, but it is also helpful to promote the local area and community.

If you want to sell your home, call on the local experts for support. At Coakley & Theaker, we offer a free instant online valuation service, and you can book a property valuation. When you need support selling your house, contact us today, and we’ll be pleased to help.