People who have not moved for years, but are now considering doing so, might be surprised to learn what has now become important to the buyers looking at their house, and what they find is important to them when looking for a new home.
What have recent studies proven?
There have been several studies over the last few years relating to top priorities buyers look for when moving home, and even before the pandemic, more than two thirds said they would by “put off” by a home with slow WiFi. Apparently, two in five people decided against a property after finding out the area had poor broadband connection.
So, with that in mind, you can image how a reliable internet connection has climbed the ranks this year! According to one report, following Covid-19, 93% of people said a reliable internet connection was a priority when house hunting.
Understandably, this reflects the growing need for a better connection that can help to handle home working, alongside using several devices at once and streaming videos etc.
Also, keep in mind that the buyer of your property may be a landlord looking for rental income, so broadband is going to be a huge factor in the rental market.
I know it seems crazy that alongside all the other factors that people have to consider when moving house, such as location, property type, garden size, number of bedrooms, the list goes on, that buyers would add internet as a priority, but I guess that is the world we live in now.
If you are trying to sell your house, particularly in a more rural area which is more likely to be affected by slower internet speeds, be prepared for buyers to scrutinise your internet speed. This has become so important to buyers, that a study looking at average UK house prices by ISPreview, found that if you have really slow internet speed, 24 percent could be knocked off the value of your home. Naturally, to coincide with this shift in what people prioritise in their search for a home, a home office or a spare room is now becoming more important whilst ‘ commuting time to the workplace ‘ is less important.
If you are struggling to sell your home because it does not have all or some of the buyer’s top priorities (garden, office, spare, room, location), WeBuyProperty may be able to help.
WeBuyProperty can give you a n0-obligation quote to buy your home for cash. We aim to complete transactions within a matter of weeks.
Phone Number: 0207 449 9797