Stags Head of Waterside Ben Stephens reflects on the West Country waterside property market.
As we move into the busy spring and summer months, Stags Partner and Head of Waterside Ben Stephens looks back on the first quarter of 2019 with a significant sigh of relief.
Three months ago, I anticipated a diminishing market, with buyers sitting on their hands until the political wrangling had been completed and we could see our way ahead.
Reality has been somewhat different and throughout our network of 21 offices, we can report a staggering 18% increase in viewings when compared to the same time in 2018.
While some buyers are not yet in a position to proceed, this activity is a clear indication of travel and one that any tentative seller should take heed of.
As the market improves in other areas of the country, any pent-up demand may release quite suddenly. At this stage, if your property is on the market, you stand the very best chance of achieving an attractive price. If you prevaricate and delay the launch, you might run the risk of being joined by other likeminded sellers, potentially creating too much choice for buyers.
2018 proved to be an impressive year for Stags Waterside department with nearly all indicators showing an uptick on previous years. With an expectation of more forward momentum, Stags is holding a Waterside valuation week across the West Country from 29 April to 3 May. Throughout the week, sellers of waterside properties are invited to discuss the possible sale of their homes with our experienced agents who have both a broad understand of the West Country market and an in-depth local knowledge.
If you have a property you’d like us to promote to buyers in the capital at the forthcoming London and Country Property Show in Chelsea on 14 May, contact your local office today and do keep your eyes peeled for the next edition of Stags Waterside magazine, due in June.
Four fabulous West Country waterside homes for sale:
This contemporary coastal home sits in an elevated position above the beach at Porthallow and benefits from stunning sea views, a garden and sun terrace. Stags Truro
On the market for the first time in 62 years, this truly private property would make a perfect writer’s retreat, holiday home or development project. Stags Bideford
Just a short walk from the unspoilt fossil-rich beach at Charmouth on Dorset’s Jurassic Coast is this substantial detached home with self-contained flat. Stags Bridport
