Is bigger better when it comes to your home? If you want to walk through an open space, gaze out large windows, and enjoy nature in your backyard, the answer is a definite yes. COVID-19 has shaped buyer and renter decisions, including your yearning for larger living areas. Century 21 covers the trend, with a focus on spacious living in White River.
FNB report reveals the race for more space
The latest FNB Property Barometer report says the property market is showing better-than-expected house price growth. It finds that bigger, mainly free-standing, properties are gaining in popularity, with buyers responding to the demands of remote working. COVID-19 will continue to play a role in buyer decisions so this trend is unlikely to fall out of favour anytime soon.
The report also finds that ultra-low interest rates are facilitating a strong demand impulse. By making mortgage payments more affordable, people whose incomes have remained intact during the pandemic are making the most of property market opportunities. Potential buyers are also seeing unprecedented support from lending institutions. As bigger properties are typically more expensive, these factors are playing a role in empowering buyers to put down an offer.
Benefits of spacious properties
Having a larger home can provide you with more options. Whether you're a first-time buyer or thinking about upsizing, having more space can be a welcome experience.
Isolate in comfort: COVID-19 brings the need to have extra space to socially distance and quarantine if your family member gets sick. If you're keeping close to home to stay safe, larger houses tend to have more windows, balconies, porches, and yard space that make being homebound pleasant.
Work/study from home: If you've become a work-from-home professional or your child has swapped over to home study, you might be feeling the space crunch. A larger home gives you the freedom to set up a study or home office that can help everyone focus without distractions.
Embrace multigenerational living: Have your parents and in-laws moved in? Are your children returning back from university? You're not alone. There's been a rise in multigenerational homes where different ages live under one roof. Having the extra space can help you keep the peace as everyone spends more time together.
Prepare for the future: A spacious home can be rewarding throughout your whole life. If you plan to have children or add a pet to the family, the extra space will be a blessing. Guests will always have a place to rest for overnight visits. Plus, you'll be able to let out that spare room as a rental, bringing in some cash during financial bumps or retirement.
Live a healthy lifestyle: If you're spending more time at home, a larger living space can assist with your health goals. The spaciousness translates to more personal space and privacy. Bigger rooms tend to be brighter and airier. You also have the potential to convert a room into a private gym or indoor playground.
Enjoy less clutter: Smaller homes support easy cleaning and temperature control. However, they aren't able to encourage your decor choices or hobbies as well as larger properties. These come with the storage space to keep your belongings, without creating an unsightly mess.
Spacious living in White River
White River is a sought-after area in the Kruger Lowveld region of Mpumalanga. The pleasant climate, tourist attractions like chocolate stops and picnic spots, and amenities have made it a favourite with buyers and renters. If you're looking to semigrate, the country living and proximity to nature will tick all the green boxes.
A notable feature is the generous property sizes. Whether you're after a free-standing house, farm, sectional title in a secure estate, or apartment, you'll find White River properties offer extensive living spaces to make every milestone in your life a great one.
Claim your space with Century 21 White River
Century 21 White River believes in finding a home - big or small - that will be the ultimate sanctuary for you and your family. Our property professionals are relentless in moving you into your ideal space. View our properties for sale and to let in White River and contact us today.