No-one can truly predict the current market trends due to the property scene fast-paced nature, but that doesn’t stop us from wondering what homebuyers might be looking for in the next 5-10 years and how we could think about leveraging this to our own advantage when looking at properties in 2022.
Here we take a glance at where things could be headed and the types of developmental changes that we could potentially begin to see as the years go by. As always, this is purely speculation, and nothing is set in stone when it comes to the ever-changing property market. Keep up to date with your local estate agents Gravesend branch for all of the latest news and views.
Smarter and more advanced technology could become a common essential
If recent trends continue, then it is highly likely that we will begin to see technology advancing and becoming widely used in all modern homes or renovations. Some technology that may become widely used as ‘the norm’ includes:
State of the art security systems – as technology advances, some homes may be wired with state-of-the-art security systems to give homeowners the peace of mind when it comes to safety.
Camera doorbells – ‘Ring’ doorbells are already a popular installation in many homes. These could become a standard as time goes by.
Entertainment and media systems – Media systems, speakers and charging stations may begin to be more commonly installed in all new-build properties and renovations.
Electric car charging ports – with electric cars set to become popular, it is likely that more homes will come with their own charging point.
Of course, there are many more advances and technology-based updates that could also become standard in the future.
Will properties with additional land become the most valuable?
Additional land is already a huge selling point when it comes to listing your property. Homes with acres of land are likely to be snapped up, due to the additional potential they offer buyers. Whether you are looking for space to build on, or to use as farmland and keeping livestock, the potential is endless.
More homes may begin to opt for solar panels and ‘green’ means of living. As our climate changes, so might the way we use and develop our homes and surrounding land. With many families already turning to more self-sufficient means of living, such as growing their own crops and produce, taking things back to basics could provide the quality of living that so many now desire.
Will the rise in remote working change what we require from our homes?
Since the COVID-19 pandemic, many businesses have actively encouraged their staff to work from home or to work more flexible office hours. This could see a rise in homes being developed with detached office space for remote based work. With the popularity of this scenario rising, adding an annex or home office to your property is a real no-brainer.