British homebuyers prioritise perception

British homebuyers prioritise perception

New-build homebuyers prioritise how their properties are perceived by others over anything else, according to new data collated by British PropTech company Pixel.

Street views of new build developments receive nearly a third more views from potential buyers using digital showhome software than the actual properties being sold, indicating that kerb appeal is of greater importance to many buyers than the property itself, the company says.

The data also indicated that downstairs living areas received nearly three times the views of the rooms upstairs. Living rooms and kitchens receive the most (49%) attention while, in comparison, the master bedroom is a priority to only 11%.

The data, which was collated by award-winning British PropTech company, Pixel, comprises over £218 million worth of property sales from more than 100 developments marketed through the company’s digital HomeSelector and OptionSelector tools throughout 2021.

Cat Smith, Director at Pixel, said: “We knew intuitively that homebuyer behaviour is evolving, and quite rapidly, but to see it in black and white is really fascinating. The context that a property will be built within is as important as the property itself to today’s buyers.  This is something that’s quite hard for developers to showcase with traditional showhomes.

“The good thing about digital showhomes and option selectors is that they allow this, while also tying in with what people expect from a buying experience. These days people want to be able to view, reserve and buy almost any item online. But when it comes to the most important purchasing decision of your life, buying a home, you don’t traditionally get very much information about the property or its surroundings until the day you move in.”

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