Whether you have the available funds, have fingers crossed for that elusive lottery win or are working hard to achieve your property goals, you’ve most likely referred to some form of survey or review to glean information about your dream home.
Country living comes top of many people’s aspirations and a survey by Savills Research identified that during the previous five years or so a farmhouse purchase was top of the list. More than four hundred people outside of London who were considering a move indicated that for them, a farmhouse easily outranked any other type of house.
From the results it would seem that many are feeling positive about this area of the market and also the potential renovations involved, with 82% of forty-something couples more likely to spend money on a house and keen to take on work.
Interestingly the survey also found that over half of couples in their sixties were thinking about buying a new property, looking for modern finishes and easily available technology, whereas for younger people the idea of an older property with a great outlook, bags of character and potential to make a house very much their own had greater appeal.
Of those polled 27% of buyers desired a farmhouse, 12% believed that a farmhouse would provide growth over the next five years and 54% thought a farmhouse has the most potential to add value.
The author of the survey, Sophie Chick, believes that one reason farmhouses top the list is because “they offer better value and more space with lots of potential to use the outbuildings as offices or holiday lets.”
In addition, the number one property attribute when it came to buying was the view, followed by the number of bedrooms and then privacy. The data also found favour for the farmhouse in that 50% of those surveyed would rather live in the countryside than in a more urban environment and of those who already lived in the country, 68% wanted to stay there.
It is easy to see why a farmhouse could be a desirable type of home to live in; with characterful history, stunning scenery for miles around and the potential for renovation with the multitude of barns and stables that often come included. All these things make the farmhouse a hugely desirable option for those looking to move and settle down in the countryside.
Other General Blog Posts
- Strengthening the business
- Grand Opening Event - Wantage
- February 2022 Major Business Developments
- May 2021 Waymark COVID 19 Lockdown Announcement
- November 2020 Waymark COVID 19 Lockdown Announcement
- Viewing information for applicants
- Viewing information for clients
- Important News - The housing market reopens
- Faringdon in all its beauty
- Welcome to the team Louise Polley
- RAINBOWS RAINBOWS RAINBOWS
- Welcome to the team Hugh Sutcliffe
- How technology is helping in these unprecedented times
- COVID-19 Telegraph Article
- COVID-19 and Waymark
- Different property types sell best at different times of year
- Shire Desire – Countryside Aspirations
- “So, what’s the market like?”
- The Perennial Property Dilemma
- Simeon Spencer Joins Waymark
- General Data Protection Regulations - GDPR and Waymark
- How Rightmove has Changed Asking Prices
- Development Opportunity, Highworth, SN6 7QQ
- Goodbye 2017 and Hello 2018! This Year's Property Predictions
- Online & On the High Street – Waymark is the Best of Both Worlds!
- Housing Autumn Budget 2017
- The White Horse Show 2017 - And What a Show It Was!
- Waymark Property and the 2017 White Horse Show
- Getting the most out of the Vale of the White Horse Countryside
- The Eurovision House Contest 2017
- New Railway Station for The Vale of the White Horse
- New Homes Versus Second Hand - A Prices & Transactions Comparison
- Property Pricing Expectation v Reality and the Impact of Over Valuing
- National Trust’s Uffington White Horse April Fool!
- March 2017’s Budget and Property Impact
- Is This The Future of Property Viewing?
- What do People Find Frustrating About Estate Agents?
- Choosing a Solicitor or a Conveyancer
- 8 Top Tips For Your Moving Day
- Mark Scobey Joins the Team at Waymark
- Building Insurance For Your Home – Is Your Sum-Insured Figure Correct?
- New Year. New Market. New Property Blog!