Southampton Homeowners - Do you know how big your Southampton home is?
What is the square footage of your Southampton home?
Don’t worry, most of us don't - yet it
could be fundamental as Southampton home buyers search for new homes.
Us Brits are obsessed with our homes, yet
most Southampton homeowners need to learn the square footage (those born after
the mid-1970s) or square metre(age) of their homes.
As an agent, I find homebuyers usually assess the size of their intended house purchase chiefly by the number of bedrooms the property offers. However, could we all make more effort to calculate how much actual space we require in the home outside the number of bedrooms?
Let me see how the properties locally are split down regarding bedrooms.
The split of bedrooms in Southampton is as follows:
·
20.6% of properties
have one bedroom compared to the national average of 10.7%
·
30.2% of properties
have two bedrooms compared to the national average of 26.7%
·
36.7% of properties
have three bedrooms compared to the national average of 40.6%
· 12.5% of properties have four or more bedrooms compared to the national average of 22.0%
As one would expect for our location in
the UK, we have a higher number of 2 and 3-bedroom homes in our locality.
So, are more bedrooms better? Not
necessarily.
Unless you are buying a Southampton property to develop and then sell on straightaway, I believe it is imperative to enjoy your property for what it was designed to be – your home.
Though room for growth and resale ability
potential of the house purchase is vital, the manner of the way you and your
family live and how you use your home must be the primary consideration for
improving your quality of life. And because of this …
I have noticed a slight change in how Southampton
buyers (and tenants) have been asking and enquiring about property in the last
18 months.
The first is asking for a property’s energy efficiency rating. This can be seen on the property’s Energy Performance Certificate (EPC). That was expected, with the rise in gas and electric bills.
Yet the second is that more and more Southampton tenants and buyers are asking about the size of the property, which can be found in the EPC mentioned above.
Talk in the property industry suggests a
move towards home movers wanting homes with minimum square footage instead of a
property with a particular number of bedrooms.
I am noticing mature Southampton
homeowners who are downsizing are asking for the size of a property, as they
require fewer yet larger rooms.
Should we all consider how we use our space in our Southampton homes before we decide to move? Before we do, let’s look at the average sizes of the properties locally.
These are the averages for the Southampton area.
·
The average size of
a house is 1,065 sq. ft. compared to the national average of 1,103 sq. ft.
·
The average size of
a bungalow is 818 sq. ft. compared to the national average of 862 sq. ft.
·
The average size of
a flat/apartment is 398 sq. ft. compared to the national average of 464 sq. ft.
·
The average size of
a maisonette is 538 sq. ft compared to the national average of 657 sq. ft.
·
The overall average
is 904 sq. ft. compared to the national average of 994 sq. ft.
Again, as I would expect due to our location, the average home is smaller than the national average.
In the last few years, with lockdowns, as a
nation, we have started to use our homes differently.
Rooms in our homes have become
interchangeable - having more bedrooms isn't automatically the status symbol it
once probably was.
Spare bedrooms have become offices, dining rooms have become gyms, and so on.
Are you willing to sacrifice living room space for an extra bedroom,
even if it makes the living room feel cramped and uncomfortable?
Before selecting a home based solely on the number of bedrooms it offers,
there are several factors to consider.
Evaluate
your current living space and how you use it.
Determine if you utilise all the rooms to the best of the space available, if you have enough storage, and if the layout works for you. If you value space and openness, prioritise square footage instead of bedrooms.
Consider your current life stage and living space needs. If you have a
family, bedrooms may be a priority, but assessing how many are needed is
essential. It would help if you also considered whether you need a separate
space for work or a top-of-the-range ensuite.
If you plan
to rent out your Southampton property, the number
of bedrooms
is crucial.
However, it is essential to consider the type of Southampton tenant you want to attract and what type of space would be most marketable.
Instead of moving to a new Southampton home, renovating your current space might be a better option?
By reconfiguring the space or extending it, you could improve your quality of life or increase the value of your Southampton property. A home makeover could give you the open space or environment you desire?
By answering these questions, you can determine whether the number of bedrooms, other rooms, or square footage is the most crucial factor when selecting a new home.
What do you think?
Before I go, if you are a Southampton
homeowner or property buyer and you want to pick my brains on your best
options, please don't hesitate to pick up the phone or drop me a line and we
can start a discussion without any obligation or cost.
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