Which Qualities Most Affect The Value Of Your Property?


Image Credit

If you are investing in real estate, it goes without saying that you want to earn as much as you can from it. This, in essence, is the primary goal, and it can be surprisingly challenging making it happen as well as you would like. However, the more you understand about the whole process, the better, and that is where this comes in. One of the main things you need to comprehend well is what it is exactly that increases or decreases a property’s value. This will help you to understand better when to buy, sell and when to just sit still. Let’s have a look at a few of the most important qualities in this regard.


This first one is often referred to as one of the basic tenets of real estate. If you are happy with the location of the property, you can be fairly confident that it will have a good value. But knowing what constitutes a popular location is another matter altogether, and is generally the kind of thing that you come to appreciate through trial and error and a little bit of patience. But something that hardly ever changes is that an exotic location can really help boost the value. You are more likely to be able to charge more for a waterfront property than a suburban one, for example, so it is worth bearing those kinds of considerations in mind as well as possible.


The quality of your fixtures and fittings, as well as what kind of ones your property has, will make a huge difference to the value – much more even than the building material of the property itself. You should endeavor to keep your fixtures and fittings in the best possible state for as long as possible, as that is the number one way to ensure that your property retains its value as much as it can. Of course, a certain degree of wear and tear is expected, but you should still try to minimize this as much as you can if you care about retaining some of the property’s inherent value. Fortunately, this is the kind of thing that can be easily fixed, should it come to that.


If you were wondering whether the neighbourhood affects the value, the answer is yes. But there is one factor in particular which has an enormous influence, and it is the crime level in the local area. If you find that local crime increases, this will absolutely have an impact on the value of your home. Of course, this is the kind of thing that you cannot control, so it is merely something to consider as you are purchasing a property. But the more you know about how your property’s value is affected, the better equipped you are to try and make the most of what you have got.

The more factors you are aware of, the easier you will find it to make the most of your properties, so keep an eye on as much as you can and you should find that beneficial in the long run.


Do You Need Your Property To Hold Its Value?

When you invest in a property, usually the reason for the investment is to protect your financial future. You invest your funds into property so that your money can grow over time, increasing the amount of funds that you have for your future. Except, a property’s value isn’t always guaranteed to grow or even hold its value. You see, in order for your property to hold its value or increase in value, it needs to be well taken care of. The question is, what updates need making and how can you go about taking of your property to help it to hold or increase its value? Here’s everything that you need to know:

Don’t put maintenance off

Photo from Pixabay

One of the biggest mistakes that you can make when it comes to the value of your home is putting maintenance tasks off. The reason for this is simple; it’s because if you don’t make an effort to properly maintain your property, all sorts of problems will occur. That’s why property experts recommend that you ensure that all maintenance is kept on top of, from the small tasks to the big ones.

Take out a loan to cover the costs

When it comes to covering the costs of home maintenance and updates, sometimes they can seem too high to afford. However, if you want to ensure that your home holds its value, then it’s important to consider taking out a loan to cover the cost of any maintenance or home updates. This should make having any work completed more affordable. One loan type that a lot of homeowners choose to take advantage of is a refinance mortgage. Cash out home refinance mortgage rates are good right now, making this type of loan a good choice. The reason that a lot of property owners choose to go for this type of loan is because it can also help to reduce the rate of interest that is being paid each month, making mortgage payments more affordable.

Move with the times

Picture link

As well as ensuring that your property is well maintained, if you want to increase the value of it, it’s crucial to move with the times and ensure that you are making updates as and when necessary. The fact is that properties that have energy-efficient solutions installed, such as solar power, for instance, tend to have a much higher value than homes that don’t. Smart homes also tend to have higher values, which says that moving with the times when it comes to your home is crucial if you want to increase the property’s value, that is. There are different home updates coming out all the time; it’s just a case of being selective about the ones that you choose to invest in, that’s all.

The fact is that a property is a fantastic investment as it offers you long-term stability for your investment, as long as you take care of the property properly, that is. If you want to see your investment grow, instead of staying the same, moving with the time is crucial and updating the property to meet the current property trends is a must.

Four Steps That Will Make Selling Property A Lot Easier

If you’ve ever had a piece of property that’s hard to shift, you know what kind of hell it can be. It’s there, ever on your mind, as much of a liability as an asset. The costs keep rising and the payoff keeps shrinking. It’s a nightmare scenario worth avoiding as much as possible. Which is why we’re going to look at the steps you can take to make it easier to sell your next piece of real estate.

Photo Link

Recognize potential

If you’re looking for a quick and easy investment, you will want to ignore the vast majority of ‘fixer-uppers’. However, if you’re alright with the long game and you want the most potential profit, then you should be willing to be a bit more creative in spotting potential. If a home looks like it has some improvements just waiting to be done, like an easy renovation or space for an extension, do some pricing. Figure out if the change to the valuation is going to do much to exceed the costs of it all.

Photo Link

Know the market

The better you understand the appeal of any one property, the better a chance you have of selling it. Proximity to schools, like a lot of suburban areas, means a better appeal to families. Proximity to commercial areas, like Alta Yorktown apartments, means greater potential for professionals. Proximity to colleges has an obvious appeal to students. These subsets of people are going to be looking for accommodation or buys specific to their needs. Knowing the appeal can influence the direction you put on the advertising, helping you emphasize the greatest possible value the property has the market that sees the most appeal in it.

Photo Link

Know the costs

In part, the idea of improvements touches on this, but you should know how much it’s going to cost in the process of buying and selling. Inspections, valuations, conveyancing, these costs all eat into the profitability. If you need more work done on staging and preparing the home, you have to consider that, too. Particularly in renting, you need to go very long-term to see if there’s a potential for profit. Without the right preparations, you could be dealing with a long-term cost instead of a long-term gain.

Photo Link

Going further afield

Noticing the appeal of single areas to potential target markets is important. But it’s also worth paying attention to development and potential of whole cities, too. Looking at the best cities might mean, for instance, looking at where more jobs are moving and where new industries are growing. By paying attention to the news surrounding a whole city, you can scope out where the highest number of potential investments can be found. Rest assured that home builders and other businesses are looking at the same news and seeing the same potential.

Simply put, it’s all about spending more time to spot the right place. Think out the appeal, think out the potential gains of your efforts, and think out how the process is going to affect them.

New on the Property Ladder? How to Cut the Cost of Living

The average annual cost of living in the United States for a single adult with no children is $28,458. With food estimated to cost $271, healthcare at $273, housing costing $560, taxes taking £372, transportation coming at a price of a whopping $493 and other necessities esteemed in the region of $401: the monthly cost of living in the U.S. is $2,371, and this is all without having to spend money on childcare!

Image source

Does this sound daunting to those of you who are taking your first steps on the property ladder? If you do feel apprehensive about getting your life of independence up and running after seeing those figures, then that’s nothing to worry about: it’s only natural to think about how you’re going to manage all of the financial expenses that you have never really dealt with before. What you should worry about, however, is trying not to exceed that estimated annual cost, as well as worrying about how you can beat it. And there are a number of ways in which you can beat it — if you really want to, that is, because it can require some dedication.

Starting with the first in that list of expenses: your monthly expenditure on food. Who knew eating could end up costing you $271 a month? But it doesn’t have to cost that much, even if you love food and have no intention of cutting back on your eating habits. Whether you’re planning on eating alone, cooking for others, binging on snacks or making your lunch for work, there are many ways to become frugal when it comes to food. One bit of advice is to plan out your shopping trips and shopping lists before you head to the grocery store, and stick to them! Don’t give in to the impulse monster inside of you that is screaming that that ‘deal’ is everything you could ever need, and that snack will be a great financial venture. Now, this isn’t to say that you shouldn’t look out for deals and that you shouldn’t put treats on your shopping list, it’s to say that you should work them around your budget that you set yourself beforehand. Also, you should aim to schedule your shopping trips around your payday so as to not only get this imperative expenditure out the way as early in your new financial cycle as possible, but so you can give yourself a coherent timetable for your spending. Small expenditures, especially the ones we don’t plan for, eventually add up to big money spent, so make sure you stick to that budget.

Now, on to healthcare, possibly the most bitter pill to swallow (no pun intended) when it comes to expenditure. The price of U.S. healthcare has reached a new peak, but could come down under new legislations and the proposed repeal of Obamacare. But even if a decrease in the cost of remaining fit and healthy doesn’t come to fruition, there are ways to make sure you are getting the most out of the fees that you do pay. These include doing research into different insurance policies — you want to try and find a plan that includes your doctors and our medications, plus one that provides care for any chronic conditions. Something to remember is that information found online is not always complete or even completely up to date, so it is best to call the doctors personally to make sure they still participate in the insurance plans that you are considering.

Next up is the cost of making sure you have a roof over your head every night. This is the area that, understandably, drains the most out of your finances. Unless you’re still living at home with your parents and revelling in the cheap monthly rates they charge, most of your monthly outgoings will be spent on housing costs: as seen above with the monthly average being $560, but it doesn’t have to be quite as substantial as that. There are ways to save money on home insurance, for example, including: combining home insurance policies with car insurance (or any other type of insurance) policies in order to tap into discounts, deals and savings; remaining loyal to an insurer to see that your premiums come down year after year; and improving your credit rating by avoiding filing claims frequently. If none of this is of any interest to you, however, you could even look at an apartment for rent in a country that isn’t the U.S., if you ever feel that your American dream has turned into too much of a costly nightmare. Or, an idea that is slightly more ‘out there’ is to move into a school bus. Yes, you read that correctly, a school bus.

But, back into the real world, there are taxes that you have to deal with. But, it doesn’t all have to be doom and gloom when it comes to dealing with it; there are ways that you and reduce the bills induced by tax. Firstly, you should check if you qualify for the earned income tax credit, which applies to low- and moderate-income taxpayers. Karl Frank, author of the book Go Tax Free, urges anybody who is earning less than $50,000 a year to check whether this credit applies to them. However, if you want to take matters into your own hands, then you could start a start-up business. Becoming an entrepreneur can improve your tax situation because business owners are able to take more control over how they pay taxes. They have the option of keeping more money in their company instead of drawing it down as income, and they can also count certain costs as expenses. And becoming a business owner doesn’t even mean you have to add the financial headaches of said business to the ones you already have with the cost of living. Even if you don’t think your start-up warrants the hiring of an accountant, it does in order to both focus on the tax issues of registering the business and to make your business seem bona-fide. Plus, you never know, your business could even take off and go from start-up to market leader, meaning you’d never have to worry about having to cut the cost of living ever again. But if this all seems a bit far-fetched for your liking, then you could settle down and start a family as there are a number of benefits of having children when it comes to taxation. Whichever way you go in trying to cut the costs of tax, however, be sure to avoid these ten common tax mistakes.

As previously mentioned, you can combine car insurance with home insurance in order to not only save on housing costs, but to dig into the $493 (or thereabouts) that you’re spending on transportation. But this isn’t the only way you can bring that figure down. If it is a car that is eating away at the money in your wallet, and you don’t fancy walking to work every morning (or it just isn’t practical), then there are a few ways to cut down on car-based expenditure, some of which you’ve probably never tried. One way is to remove any excess weight from it, because the less weight your car carries, the more fuel efficient it will become. If you lighten your load before you travel, you will also lower your car’s fuel consumption; other ways ways to cut down on this include: checking your tire pressure; when at the pump, keeping the hose in the tank until the pump shuts off in order to make sure you allow all the fuel to put out of the nozzle; and, when appropriate, using cruise control. Other ways can be found here. But if it’s not cars that get you from A to B, but flights, then there are ways to cut down there too. If you’re a high-flyer, then you should look to optimising connecting flights as much as possible, as well as considering multiple routes.

And then, finally, it comes down to cutting down, or even eradicating, spending money on other necessities. First of all, you should take care in deciding what actually are ‘necessities’; the first thing to examine are things that you do not need. Unlike the other payments mentioned above, these expenses are not necessarily needed, so they are considered discretionary. If you have any discretionary expenses that aren’t contributing to your life, i.e. gym memberships that you aren’t using, gadget insurance for gadgets that have long passed their sell-by date, or even subscriptions to streaming services that you are using maybe once or twice a week. Make sure to check these tips to help you keep from spending money unnecessarily.

So, there you have it. A few hints and tips in helping you both deal with and cut back on the cost of modern day living. And remember, it’s not all about expenditure. You can make a profit from climbing the property ladder too.

How to Ensure Your Home Sale Doesn’t Fall Through

There are plenty of guides out there about maximising your house price before you put it on the market, but achieving a higher sale price only makes it that much more frustrating when the sale falls through.

Three in ten property purchases end up collapsing after an offer has been agreed. Not only is this extremely disappointing, it can be financially damaging too, as fees relating to valuations, surveying and other administrative duties cannot be recovered. If you don’t want to go through the hassle of selling the same house more than once, then the following tips should prove helpful.

Image source: Pixabay

Be sure about your decision

One surprisingly common reason for house sales falling through is simply that people change their minds. So, although it may sound obvious, make sure you actually want to sell your home, before you put it on the market.

Also, make sure you have a clear idea of how much you would like to sell it for (as well as the lowest offer you will accept). If you don’t have some firm figures in your mind then you are much more likely to back out of a deal after you’ve accepted it.

Exchange contracts early

Selling a house can be a long, drawn out process, with lots of different stages on the way to completion. There’s getting the house valued, putting it on the market, arranging viewings, having it surveyed, and a whole host of other duties to be performed.

One of the ways to improve your chances of completing a sale to is exchange contracts as soon as possible in the buying/selling process. Once you’ve exchanged, the purchase or sale of a house is legally binding and a date for completion is set. Pulling out of a purchase after contracts have been exchanged is extremely rare as there would be large penalties involved.

Cut out the middleman

A less common way of preventing your sale from collapsing is to cut out estate agents altogether. Rather than going through the traditional process of selling a house, there are alternative options that result in quicker sales and are less likely to fall through.

There are a number of organisations, for example, that boast “we buy any house,” with many of them guaranteeing you a cash offer so you can finalise the sale quickly, sometimes in less than a week. This is ideal if you need money fast, are having trouble selling a property through traditional methods or simply can’t bear for another sale to fall through.

Avoid chains if you can

One of the most common reasons for property sales falling through is due to a break in the sales chain. A chain occurs when a sale is dependent on another transaction happening first. If possible, it is good to try to avoid property chains but if you cannot, make sure you are upfront and honest at all stages to reduce the likelihood of the chain breaking.

A property sale or purchase is a major transaction – perhaps the biggest that you will ever experience. Watching one fall through can be extremely disheartening, but there are steps you can take that will bring your sale closer to completion.

5 Tips On Running A Buy-To-Let Business

Image source

Everyone has dreamt of being able to do it. For many, it is part of their retirement plan; buying a property or two, renting them out for a sum that will cover both the mortgage and running costs, all while you sit back and watch the price of your property inflate. What better way is there to enjoy a fruitful retirement?

What’s more, thanks to low-interest rates, a booming property market and an ever-growing pool of tenants, now is a great time to invest. However, it is no walk in the park. Running a buy-to-let business has plenty of challenges.

Read on for some top tips on being a successful landlord:

1. Research The Market

If you are new to this area of investment then make sure you do all the research you can, and not just the property market; there may be better alternatives to investing your money. We suggest going to the experts for advice, someone who has experience in dealing with a wide range of investment opportunities, such as Enness Private Clients. It may be that a high-interest rate savings account would better suit your needs, or the return from an income-based investment fund; something that isn’t attached to the same risk as property and doesn’t tie up a lot of capital.

2. Hire The Right Agent

If you decide property is the route you want to go down, make sure you get yourself a good agent. A good agent will be able to talk you through the steps, from the rules and regulations, you must follow to the setting up your tenancy. They will also ensure all potential tenants have good a credit history and suitable references. They will also be able to consolidate all the necessary paperwork, albeit at a cost. Just make sure they are registered with the Association of Residential Letting Agents.

3. Negotiate Fees

There are a lot of fees you will have to consider, all of which will add to the running costs of a property. But as a rule of thumb, agents will typically expect to be paid ten per cent for finding you a tenant and twenty per cent for managing your property, which will include everyday maintenance. However, you mustn’t be scared to negotiate these percentages at the beginning and to find out what hidden costs there may be, such as renewal costs.

4. Insurance

The only way you will get a good night sleep after a tenant moves in, is if you have landlord insurance in place, one that includes public liability cover. This will cover any damage, as well as any accident or break-in.

5. 24/7

Most of the time being a landlord will consist of radio silence. But be prepared for that dreaded call whereby you found a pipe has burst and water is cascading into the property below, or a tenant has lost their keys or thinks they have carbon monoxide poisoning. These things happen, and you need to be prepared to drop everything to sort it out. Being a landlord is not just a matter of receiving payment at the end of the month, it is hard work too.

Image source

Is There Still Money To Be Made In Property? You Bet There Is!

Since the boom in the late 2000s, not a lot has been said about property prices. They shot up dramatically compared to their historical average from around 1995, but then they soon fell back down, following the crash of 2008 and 2009.

Since then, however, prices have been creeping back up again. In fact, in 2016, house prices were at their second highest level ever, compared to the historical average, just behind the peak we saw in 2007. People who stayed in the market are now seeing the rewards, making fantastic money in the process.

There are many ways to make money with real estate according to the Huffington Post. Here’s just a few of them.

Rent Smaller Units


One of the strangest things about the property market is that it’s possible to make more money out of a house or apartment, just by splitting it up into several units. A three bedroom house meant for a family of four can be divided up for three young professionals who can be charged more in total than a family sharing the property.

Buy Low


Finding apartments for sale that are undervalued is an excellent way to generate additional income in the property market. But it all depends on where you buy the property. Buying in an area that is on the decline, like Detroit, is probably a bad idea. But finding an apartment for sale in a city like San Francisco where the economy is booming means that there’s a higher chance that the price of the property will rise in the future.

Leverage Your Returns


Say for example you have to put 20 percent down on a property. Well, the cool thing about that is that you get to keep rental income based on 100 percent of the property’s value. Let’s say that the property you rent is worth $100,000 and that you can charge $750 a month rent. Well, if the mortgage is only $500, then you’re making $250 gross profit every month. That equates to $3,000 a year, or around 15 percent of your initial investment. Now that’s not bad, compared to what you’d get if you just put the money in the bank or in the stock market.

Profit From Lump Sum On A Refinance

Let’s say that you bought your property for $100,000 and put $10,000 into making various improvements paid for by tenant rents. And let’s suppose that those improvements mean that the property is now worth $125,000. This means that you can refinance the home based on the higher value and net $25,000 dollars in additional cash. That $25,000 can then be put towards you next property where you can again generate a $3,000 a year income.

Increase Your Equity

Another tactic you can use is to plow rental income back into increasing your equity in the property you own. Many landlords start off by paying a 20 percent deposit on an apartment or a house and then use subsequent rental income to build their equity. This additional capital can then be earned back when the house is sold.

Millennials Need To Take These Steps To Get On The Housing Ladder

Millennials Need To Take These Steps To Get On The Housing Ladder



Millennials are always in the media these days. Most of the time, it’s because they are finding it incredibly difficult to get their foot onto the housing ladder. Is it really that difficult, though? If millennials took the following steps, they might find that buying their first property isn’t quite as out of reach as they think.

Look In Cheap Areas

One thing is for sure. There is just no way a millennial will be able to buy a home in London in the current economic climate. To be able to afford a house, they should be looking elsewhere. The further away from London you go, the cheaper houses get. Just look at Leeds for example. It is often thought of as the capital of the north. There are lots of jobs, and housing isn’t very expensive. You can see the type of prices online at

Save, Save, Save!

Many millennials don’t have enough saved up for a deposit. You only need a ten-percent deposit for a mortgage on a property. That isn’t that much when you think about it. If you don’t have anywhere close to that amount, you need to start saving right now. Even if you don’t have that much money spare at the end of the month, every little counts. It will probably take a few years to save up a good deposit, but you will get there in the end!

Use Government Schemes

The government knows just how hard it is for millennials to get on the housing ladder. And that is why they have created some schemes to try and make it easier. One of the best is the Help to Buy scheme. People who want to buy their first property can open a Help to Buy ISA to help them save up. The government will give you a bonus on top of your savings. This is to increase the size of the deposit you can use towards a house.

Get Help From Parents

They might not like the idea of this, but sometimes it is the only way they will be able to buy a property. If possible, millennials should ask for financial help from parents or other family members. They might be able to give you something to go towards a deposit. The other way they can help out is by becoming a guarantor for your mortgage. You can find out about guarantor mortgages at

Keep On Looking

Don’t become disheartened and give up looking. You never know when a bargain might come onto the market. And if you take your eyes off the current houses for sale, you might miss out on this fantastic bargain. So keep on looking to make sure you don’t miss out on any fantastic deals on property in your area.

Millennials and property just don’t get on? If they follow this guide, they’ll get on like a house on fire!

Real Estate – Choosing Properties for Your Self Directed IRA

The self directed IRA offers a number of distinct tax advantages to holders. It’s an ideal method of entering the property market. You need to beware of what you can and can’t do, though. That list of prohibited transactions will soon become your best friend.
We go through how you can find a property to add to your portfolio in this article.

The Property Market

Unlike precious metals, the real estate market fluctuates radically. We’re gradually starting to leave the remnants of the massive housing bubble burst of 2008. Now is the time to start looking into using a self directed real estate IRA to enter the market and take advantage of rising housing prices.

Demand will always be high and supply will always be there. It’s just a matter of waiting for the prices to rise again, and this is happening. Whether you buy to rent or build something yourself, there’s money to be made.2  

The Mortgage Issue

2To get started, you need to understand the type of mortgages available for Self Directed IRA.  A Self Directed IRA can only get a non-recourse loan.  A non-recourse loan is one where the bank only holds the property as collateral.  The IRA holder does not sign a personal guarantee in behalf of the IRA account.

There are options where you can partner with your IRA and you assume the loan but you have to be very careful that you structure it properly.

Building a Home

This is where it really gets complicated. Don’t waste your time with this option if you don’t have a significant amount of money. You can’t use so-called sweat equity or the favors of friends and family to get the job done. This would be a breach of the account terms and conditions.

You’ll have to pay for everything to get your house built. And this will nearly always be more than simply buying a home that’s already built.

What Can You Charge?

Let’s assume you intend on renting your investment home out to people. Before you purchase anything, find out about the going rates in that area. You need to determine how much you can realistically charge before you can predict how long it will take you to start making a profit.

The same thing applies to homes you intend on simply selling to someone else. Get an idea for pricing trends in the local area. If they’re on the up, it might be a good idea to purchase the home. If prices are fluctuating, and there are economic problems, stay away from it.

Many Small or One Big?

The debate over whether yourself directed IRA should contain lots of small properties or a single large property has many convincing arguments. In general, you should treat your investments as you would the stock market.

Diversify your market portfolio. One big property is always a risk because there’s no defense if the price crashes or it’s affected by some sort of natural disaster.

Yes, having more properties might mean more time spent managing them, but you can outsource this work. There’s nothing with contracting all the maintenance work out to a management company. As long as the company isn’t related to any branch of your family, there’s nothing stopping you from doing this.

Check with Your Custodian

Whenever you make a purchase or make a transaction of any kind, talk to your custodian. They’ll be able to check if you’re remaining within the rules. Get into the habit of doing this and you’ll never have to deal with the wrath of the IRS.

What to Consider When Buying a UK Holiday Home

Investing in propertyBuying a UK holiday home for letting purposes is very much something that needs to be done as much with the head as with the heart. For example, a property may strike you as being lovely and somewhere you would wish to spend your holidays but would it necessarily seem so to others? Of course, you cannot please all of the people all of the time but there are a few general points to think about before you start identifying target properties and thinking about holiday home mortgages.

One of the few things that people won’t debate is that this continues to be the single most important aspect when selecting a holiday let property. Almost any property which has a pleasant view whether it be coastal, river, countryside or even over a pretty village, is going to be desirable to significant numbers of people. Those properties which simply look out over onto a road or a property directly adjacent, are likely to be less appealing to many as holiday accommodation.


Whatever might be the case in Mediterranean high-density holiday locations, in the United Kingdom, most people wish to have a degree of privacy. So, properties which are overlooked or have gardens that are overlooked may prove to be something of a turn-off to many.


With today’s internet facilities and the ability to look down directly on to a location by satellite, properties that have a great view one side but which are only 200 yards from a cement factory on the other side are going to be spotted and rejected. So, think carefully about the wider surroundings – not just an immediate picturesque view.

Many people, once past a certain age, don’t particularly enjoy the prospect of needing to rough it on holiday. So, properties that have good bathroom, dining and kitchen facilities may be much appreciated. That also goes for things like a washing machine and dryer.

Elderly and infirm
Things such as spiral and open staircases and may look great on an architect’s drawing board but they may prove to be exceptionally difficult for elderly or slightly infirm people. Given the aging population and the need to think broadly in terms of your target market place, it might be sensible to favour practicality over design ascetics.

Access and car parking
That cute village-centre coastal property may look idyllic but it might not be particularly attractive to families and older visitors if the nearest car parking is half a mile away. Keep in mind that even on holiday, people may need to shop and engage in other occasional similarly mundane activities.  That won’t be much fun if the weather has turned against them and they can’t park their car anywhere near the property concerned. It can also be an issue in terms of initially dropping off suitcases and baggage etc.

Match the property with your target marketplace
Larger multi-bedroomed properties may be very attractive to families but they might be rather less interested in locations that are isolated inland and a long way from anywhere else. Young children can only sit and appreciate views for so long. That type of location might suit couples looking for a romantic getaway but then they will probably be looking for smaller and more intimate properties.

Garden areas
Many British people are hopeless optimists and they look forward every summer to the chance of having some barbecues and al fresco dining. Even if in reality these opportunities are not easy to come by, nevertheless, remember you are selling the dream. So having a reasonable garden with somewhere that you can put some furniture and a barbecue might be essential in appealing to significant numbers of potential customers.

%d bloggers like this: