Tag Archive for: sell your home

Demand for Private Property Surges in Scotland: A Look at the Current Property Landscape

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Demand for Private Property Surges in Scotland: A Look at the Current Real Estate Landscape

In recent times, the Scottish property market has witnessed a notable surge in demand for private property, marking a significant shift in the housing landscape. According to recent reports by Insider, home sales in Scotland have risen to their highest level since July 2021, indicating a strong resurgence in buyer activity and confidence within the housing sector.

 

rise in demand for homes for sale Scotland

What has caused a demand for homes for sale in Scotland?

This surge in demand can be attributed to various factors, each contributing to the changing dynamics of the property market in Scotland. One of the primary drivers behind this trend is the ongoing impact of the COVID-19 pandemic. With many individuals reevaluating their housing needs and priorities, there has been an increased emphasis on the importance of private property ownership, driven by a desire for more space, privacy, and stability.

Furthermore, the rise in remote working arrangements has also played a significant role in reshaping housing preferences across Scotland. As remote work becomes increasingly normalised, individuals are seeking properties that offer greater flexibility and functionality to accommodate their evolving work-from-home needs. This has led to heightened demand for properties with dedicated home office spaces, outdoor amenities, and proximity to green spaces.

Additionally, the current low-interest rate environment has incentivised prospective buyers to enter the housing market, capitalising on favourable mortgage rates and favourable financing conditions. With borrowing costs remaining historically low, many individuals are seizing the opportunity to invest in property, viewing it as a stable and lucrative asset in the long term.

The surge in demand for private property is further underscored by changing lifestyle preferences and demographic shifts, particularly among younger generations. As millennials and Generation Z increasingly prioritise homeownership as a key life milestone, there has been a notable uptick in first-time buyer activity across Scotland. This demographic cohort, characterised by its tech-savvy and socially-conscious mindset, is driving demand for modern, energy-efficient properties that align with their values and lifestyle aspirations.

In response to this growing demand, developers and estate agency professionals, such as ourselves, are adapting their strategies to meet the evolving needs of today’s buyers. From innovative architectural designs to sustainable building practices, there is a concerted effort to deliver properties that offer both quality and value to prospective homeowners.

Looking ahead, the demand for private property in Scotland is expected to remain robust, fuelled by a combination of economic factors, lifestyle changes, and shifting housing preferences.

 

contact and instruct home west to deal with your house sale in glasgow

Considering selling your home in Glasgow or Edinburgh?

We at Home West are one of Glasgow’s most trusted independent estate agents, having recently now branched out in to Edinburgh. We specialise in dealing with our client’s one on one and handle the full sales process for them.

Get in touch with us via innes@home-west.co.uk or phone 07833 564 331

Demand in houses for sale Glasgow Southside

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Demand in houses for sale Glasgow Southside

Glasgow South continues to be one of the most sought after areas for house hunters in the city, with Shawlands topping the scales when it comes to popularity. But just what is it that makes the area so in demand?

Situated just on the outskirts of Glasgow City Centre, the area allows homeowners to enjoy the best of both worlds. The quietness of suburban living and the social/nightlife aspects of the city.

As well as this, the area has a great cafe culture and community feel, as well as being dog friendly throughout – all complemented by the many neighbouring large parks.

So if you have a home in the area and you’ve been debating making a move, it seems like there’s no time like the present to get in touch with your local Estate Agents.

Read on to find out why.

 

prestige homes neighbouring parks within glasgow Southside perfect for families and first time buyers

Homeowners are looking for more space and a sense of the outdoors

Since lockdown, more people have begun to work from home, this means that homeowners are seeking larger spaces for a better work/life balance.

Known for their high ceilings, decorative coving and large fireplaces, this is why the large sandstone tenement buildings in the Southside are now becoming the starting point for many a house hunt.

As well as this, locality to the likes of Queen’s Park and Pollok Park is also key, as it provides the ideal opportunity to unwind after a long day or week.

 

tenements flats in Glasgow's Southside with street parking

The variety and heritage of property type in the area

However it’s not just tenement buildings that generate interest in the area, there are also a number of period properties, as well as new builds in Glasgow’s Southside.

It is this eclectic mix which attracts such a diverse group of individuals to the area and creates the unique and wonderful local community that Shawlands is known for.

It is this group that brings in the small independent businesses and the local markets with their support local, community ethos – making for an all round great place to stay and live.

 

cafe scene attracting new home buyers to Glasgow South

The variety of bars and restaurants locally

And with this amount of bars and restaurants on your doorstep, you may not even have the need to travel any further than your local neighbourhood for a night out with friends – again another draw to the area.

With rising house prices, as well as the current cost of living, homeowners are looking for ways to save. And by having a thriving local scene, minutes from your front door, is a great attraction.

 

three bedroom properties for sale Glasgow South

Our current available properties in Glasgow South & property market overview

House prices are on the rise within Glasgow, thought to have increased by a minimum of 0.7% last month, great news for those considering selling!

Even better news is that latest reports from the Scottish Land Registry suggest that the average house price in East Renfrewshire, neighbouring Glasgow South, sits at £290,500.

In our case we have constant demand from buyers and renters for the Southside and we currently have both apartments/ flats and houses for sale. This includes new build options which are having to be created to meet demand.

On average we are seeing a one month turn around on average between properties entering the market and selling. And this is not just limited to one house type.

At the moment we have our three bedroom flat on Quentin Street or as well as the last remaining plots in the current phase of Urban Union’s Pollokshaws Living development – where there are three, four and fire bedroom townhouses available. As well as limited two bed apartment options.

It is this experience of the area and variety of properties with which we have experience that gives us the edge.

Interested in selling or letting your property? Contact Innes directly on 07833 564 331 or email innes@home-west.co.uk