Which room in your home is a trump card for prospective buyers? Is it the one they are actually interested in? A recent snap poll by Archicentre asked, among other things, which area in the home has the most pull. The Archicentre Home Buyer and Renovator Sentiment Survey received responses from 300 newsletter subscribers to questions covering a number of other areas such as who holds the purse strings on property purchases.
When asked `Who do you think has the most say in purchasing a property?’ participants indicated 60 per cent of decisions were made jointly, 32 per cent were made by women and just 8 per cent were made by men. Which room has the most influence on the decision to purchase? Living areas attracted 51 per cent of the vote, the kitchen 41 per cent.
The bathroom came in at a surprising 4.5 per cent and the bedroom ranked lowest at 2.3 per cent.
Archicentre Chief Executive Mark Stewart said that consumer sentiment on the recovery of the property market in 2012 attracted a vote of 56 per cent. While most thought the recovery would take longer than the next twelve months, 44 per cent were positive on a recovery in 2012. Thinking of selling through auction? 90% of people in the survey voted private sale as their preferred method of purchase with just 10% opting for an auction. Of those not selling, 45% of recipients indicated that they intended to undertake a major renovation in the next twelve months.
The Archicentre Home Buyer and Renovator Sentiment Surveys are conducted nationally with subscribers to Archichat, Archicentre’s monthly newsletter.
Source: Quartile research, www.quartileresearch.com.au