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Dublin: 10°C Wednesday 23 June 2021

Which house types will be popular with first-time buyers in the coming year?

New homes specialist Riona McCaughey gives her take on what will be popular in the market in 2021.

Image: Shutterstock/abd

STARTING YOUR FIRST home search can be a daunting endeavour. In order to get a sense of what’s happening out there, it might be helpful to understand what first-time home buyers are typically looking for.

We chatted with Knight Frank estate agent Riona McCaughey to get her take on what first-time buyers are currently interested in, with a specific focus on newly built homes. 

Energy efficiency

“Top of the list for first-time buyers is to have an A-rated property, which is really only available in new homes, unless you’re putting a lot of extra money into a second-hand house to bring it up to a much higher standard,” said McCaughey.

“The high BER rating gives you an extra guarantee of your house being at the highest standard of build construction and energy efficiency.” That energy efficiency will, of course, save you money in heating your home for years to come. 

Tech savvy

McCaughey explained that first-time buyers tend to be especially tech-savvy, “First-time home buyers are usually a younger demographic, mid-30s is generally the average for first-time buyers, and in that regard, they will look at ways of adapting their house for the latest tech,” explained McCaughey.

She explained certain developments actually include security systems or high-tech doorbells in their packages, which has been a draw for purchasers. Likewise, when top-of-the-line appliances are included in the home purchase, that can be appealing. 

Remote working

First-time buyers are obviously having to take remote working into consideration when looking for a new home. “A lot of feedback we’re getting is that there would be an office space requirement now due to working from home,” she said. “A lot of purchasers will buy a property and future-proof their purchase with an extra room. That office can turn into whatever they desire down the line, a nursery or guest bedroom, playroom or even a storage room.”

McCaughey said she has even had buyers save for an extra few months “in order to purchase a larger style of home in order to have that office space.” 

Finishing touches

Finally, McCaughey explained that first-time buyers looking at new homes are keen to have modern, contemporary kitchens and bathrooms finished for them. “Getting the kitchen right can be make or break for a lot of properties,” she said, “After all, it’s the main room that they use.”

She reported that many first-time buyers like the touch and feel of a show-house, so they’re on the lookout for newly built homes that are move-in ready rather than require a lot of finishing work. 

After considering these elements, you might be ready to log online for a few virtual viewings as you begin your home-buying journey. 

At Glenveagh Homes, our vision is that everyone should have the opportunity to access great-value, high-quality homes in flourishing communities across Ireland. We understand that buying a home is possibly the biggest decision you will ever make in your life – but we want to make it your easiest. Click here to find out more about Glenveagh developments.  

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Glenveagh Homes

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