What does a British person’s dream home look like? Each piece of research tells us something slightly different, but the latest findings from Ocean Finance have revealed that a detached house in the country is the most desired type of property.
Not just a detached house in the country, but one with a large garden, an en-suite and easy access to good local amenities and shops.
This dream home is not something that most possess now, however, with 25% of those surveyed currently living in a suburban semi-detached home, while 22% of people reside in a flat.
A further 21% live in a terrace house, with just 15% of people living in a detached home (most of which aren’t situated in the country).
The desire, though, is for a detached property, preferably one with a rural location. A bungalow was next on the list, with 14% of those surveyed pointing to a one-storey home as their dream property. It will be of little surprise that this type of property was most popular among over-55s (25%).
The research also revealed that luxury, extravagant features have no place in 'our' dream homes.
More practical, achievable attributes were much more in demand, such as an en-suite bathroom, a large garden and access to local amenities.
More luxury features – a wine cellar, a sauna, a tennis court, a moat and a practice golf green – were much less popular, as was the desire to be part of a gated community.
Young people cited a garden as their top priority in a dream home – with 1 in 5 of those aged 18-24 outlining this as their key feature.
Those aged over-55, meanwhile, prefer the practical luxury of an en-suite bathroom. On the whole, practicality trumped luxury for most of those surveyed, even when it comes to dream homes.
The findings would suggest that our tastes are quite modest when it comes to dream homes. Hollywood bling, extravagance and excessive luxury are not the order of the day.
Functional practicality, on the other hand, is fully welcomed. Busy families and young professionals prefer features that enhance and improve their day-to-day lives, rather than features that will be used occasionally.
As a home seller, this can work to your advantage. You are unlikely to offer things such as saunas, tennis courts, wine cellars, a moat or a panic room, but you may be able to provide a large (or decent-sized) garden, an en-suite and easy access to local shops.
If your home includes these things, use it as a big part of your sales pitch. It is likely to have significant appeal.
And, if you happen to have a detached house in the country, with a large garden, an en-suite and proximity to local shops, then you’re onto an absolute winner!