Rural Homeowners Face Selling Competition

During the pandemic, there was significant interest in rural property from people leaving the city. Now, there is a reversal in these moves, and it seems as though many individuals and households are leaving the country to return to the city.

If you are looking to sell your home, you might face higher competition, and a lower level of demand. This is a tough environment to sell a home, which is why you need help from the experts.

At Prestige & Village, we are highly experienced in selling rural property. We believe we can help you connect with willing buyers, and we’ll do everything we can to make a sale on your terms.

The following factors all matter when selling your rural home:

1. Location

When it comes to attracting buyers, the location of your rural home is key. Buyers will be looking for a peaceful and scenic setting, so be sure to highlight the best features of your area in your marketing materials. If your home is located near popular tourist destinations or amenities, be sure to mention that as well.

2. Size and Layout

The size and layout of your rural home will also be important to potential buyers. Many buyers will be looking for a spacious property that can comfortably accommodate their family and guests. If your home has unique features or a particularly desirable layout, be sure to highlight that in your marketing materials.

3. Quality of Construction

The quality of construction is another important factor that buyers will consider when considering your rural home. Buyers will want to know that their new home is built to last, so be sure to highlight any features that showcase the quality of your construction, such as energy-efficient windows or durable materials.

4. Curb Appeal

Curb appeal is important for any type of property, but it’s especially important for rural homes, as buyers will often judge a book by its cover when it comes to these types of properties. Be sure to spruce up your landscaping and make any necessary repairs before listing your home for sale.

5. Marketing Materials

Your marketing materials are also critical when it comes to attracting buyers to your rural home. Be sure to use high-quality photos and descriptions that accurately showcase the best features of your property. You may also want to consider hiring a professional photographer or real estate agent who specializes in marketing rural homes.

6. Pricing

Finally, pricing is always an important consideration when selling any type of property, but it’s especially important when selling a rural home. Buyers will often have a limited budget when searching for a rural property, so be sure to price your home competitively from the start.

What the experts say

A Halifax spokesperson says: “The pandemic transformed the UK housing market. Homeowners wanted bigger homes and better access to green spaces, fuelling huge demand for larger properties away from urban centres. This accelerated house price growth in the suburbs and more rural areas, while in cities it was much slower. That trend didn’t disappear completely this year, as house price growth in these areas remained strong. But, as daily life started to get back to normal for many, the opportunity to live in cities became more attractive again, driving up demand. There’s evidence of this in locations across the country, with property price inflation in the majority of cities outstripping increases in their surrounding areas. Clearly the economic environment has changed considerably in the last few months, with the likelihood of more significant downward pressure on house prices, as the cost of living squeeze and higher borrowing costs limit demand. The extent to which such trends will continue to shape the housing market is therefore uncertain.”

Contact Prestige & Village for all your property market needs in 2022

At Prestige & Village, we care about our community, and supporting others. We aim to provide you with as much help and assistance as we can. If you have any property or housing questions, please feel free to contact us today.