Boom In Demand For Homes With Gardens

Understandably, people are looking for homes with a garden, and this is likely to be the case for a good while to come. Anyone planning on selling their home should consider the importance of their garden.

Anyone who has access to a garden at home is likely to spend a lot of time there at the moment. Even if lockdown restrictions change in the next few weeks, many people will remain keen to stay as close to home as they possibly can.

When you have a garden, you can relax, enjoy the sunshine, exercise and simply enjoy the fresh air. Being able to do all this from the comfort of your own property, without having to interact with many people, is great for many people.

Of course, many tenants don’t have access to a garden space, and there is a strong chance some tenants will make this a priority when they plan their next rental property move.

A garden offers considerable benefits

Even if you don’t plan on moving soon, there is no harm in thinking about your next move. There is a strong chance the way we are dealing with the coronavirus lockdown will influence our thinking in all aspects of our life. Tenants may well have the past few weeks in mind when they plan their next move, and this means many people are likely to make a garden a key feature when they search for a new home.

Rightmove have reviewed the market, and they say there has been a significant increase in tenants looking for homes with a garden. Compared to the first week of lockdown, the number of tenants searching for a home with a garden has doubled.

More people are looking for gardens

Rightmove also provided statistics which show an increase of 16% searching for a garden compared to the average figure for the first two months of this year. There was also a 26% increase on the corresponding week in 2019.

Miles Shipside is the Commercial Director and Housing Market analyst at Rightmove, and he spoke about the demand for gardens in a rental property.

Miles said; “Having a garden is often a rarity for many rental properties in larger cities, and so it may be that during lockdown people are rethinking their needs and location and are searching for some outdoor space and tranquillity. That allure may draw them further away from where they have habitually lived and travelled to work from, as can be seen by some of the coastal locations that have seen the largest search increases.”

While the same sort of movement hasn’t been seen in the property market, this shouldn’t be a surprise. The rental market moves at a faster pace than the housing market, which means changes occur here first. Over time, the demand for gardens will likely increase in all aspects of the housing sector.

Miles also said; “Interestingly we’ve not yet seen this trend mirrored by those looking to buy a home, perhaps as renting is usually a much quicker process and so renters are thinking sooner about what changes they want for their next place.”

We know these are challenging times, but if you have any questions about the local letting industry, please feel free to contact us. At Ariston, we aim to support the local community as best we can, and we look forward to assisting you in any way.