Hunting for a new home this year? Finding the right features can not only increase your comfort and satisfaction with the property but also boost its resale value in the future. Let’s look at the latest trends, from eco-friendly designs to flexible living arrangements.
1. Good energy efficiency
Many of us worry about energy bills. After all, a typical household now pays an average of almost £500 more a year than it did four years ago. As a starting point, look at a property’s energy performance certificate (EPC) to see its rating.
A good rating – closer to A than G – will help you save on your long-term energy bills, and lower your carbon footprint in the process.
2. Sustainable living
You might also seek out the following eco-friendly features:
- Insulation: wall, loft and floor insulation work to keep in the heat
- Heat pumps: while the installation cost can be high, once these are installed, your heating will be more efficient than other systems
- Solar panels: by generating your own electricity, you can reduce how much you rely on the grid
- Modern double or triple glazing: for your windows
- LED lighting and energy-efficient appliances: Washing machines and dishwashers consume the most energy, so these are good places to start
You could add these to a property, too. Just make sure to research the costs and restrictions. For example, listed buildings with historical value require planning permission for solar panels (see this guide for further info). Heat pumps might be installed with government financial support (see this guide on the types and costs of heat pumps).
3. Electric vehicle (EV) charging
A Motors and Cazoo study found that nearly a quarter of people expect their next car to be electric. It’s then worth considering whether there’s an EV charger at a property or at least a driveway or area to install one. While it’s not essential to have your own charger as an EV driver, it definitely adds convenience!
4. Smart technology
Whereas once smart devices were a luxury, they are increasingly seen as must-haves. People value technology that makes their lives easier, such as:
- Smart lighting and energy monitoring
- Video doorbells and home security systems
- Smart thermostats and heating controls
Before you get excited about all the latest gadgets, though, consider whether the property is likely to have a strong internet connection. Some areas are better connected than others for full-fibre broadband.
5. Flexible living spaces and home offices
Our family lifestyles are changing, from children living at home for longer to the rise of multi-generational households. This means flexible living spaces are sought after. Can a garden room also work as an office space? How about converting the kids’ playroom into a downstairs bedroom? An open-plan layout can be helpful here, allowing a home to be adapted over the years.
6. Outdoor space
Gardening and a love of nature are no longer the preserve of the older generations. A recent study found that 70% of 18 to 35-year-olds are interested in gardening. But if you think that requires a sizeable outdoor area, think again: a balcony or small urban patio can give you enough space to grow honeysuckle up a wall or other fragrant blooms.
In a changing market, find out how much you could let your property for?
Book your free rental market appraisal today and find out how
Winkworth can help with your rental property.