What affects the Price of your Syston home?
When moving home, the price of the property plays a major part in the home-moving journey, so we want to highlight the main factors that affect the price of your system home.
Leicester property prices have become part and parcel of every day conversation topics in our area, but just what decides how much your home is worth? There are a number of factors which determine house prices, some are logical, based on economic theories and population density whereas others are based on more vague factors such as the feel of the neighbourhood around your property and predicted expansion growth in the future.
At Open House Leicester, we’ve put together the top features we’ve noticed that can affect your Syston home price:
- Location, location, location
This is the most obvious one. Home that are in good access to the city centre with public transport links or are close to the beautiful surrounding countryside tend to sell at a higher price. Leicester is a vast and varied county but if you look at any map you’ll see a highly-concentrated area of housing and suburbs outside of the city centre.
The majority of people want to live close to where they work with a good array of local amenities on hand. This naturally causes higher demand for property prices in Leicester and the surrounding area.
- Home improvements
Updating bathrooms, kitchens, redecorating and transforming your garden can all significantly add to the value of your home. However, it is important to know exactly how much you should spend improving your home as you do not want your efforts to be wasted. Make sure you talk to us beforehand so that we can advise you on your investment and what parts of your home to prioritise.
- Parking
We all know that the number of cars on the roads in Leicester is constantly on the rise. We all know that parking is at a premium in Leicester, so if a home has parking or even a garage this can significantly increase the value of a home.
- Schools and nurseries
A main factor we at Open House Leicester believe adds value to a home is being in a catchment area for an outstanding or good school. We have seen examples of homes in good school catchment areas selling a lot quicker and getting a lot more interest. Although this is something that is out of you control, it is important to bear in mind, whether you are buying or selling a property.
As you can see there are many things which can impact the price of your Syston home, but it seems the consensus is that a location will really help increasing the price of a property. Do your research, keep an eye on local news, visit the area and talk to us at Open House Leicester – we’re more than happy to help you on all aspects of selling your home. Call 0116 243 7938 or email info@openhouseleicester.co.uk
