How important is ‘kerb appeal’ to first-time buyers?

What features give prospective buyers a strong first impression? How important is ‘kerb appeal’ to first-time buyers? Let’s find out.

The content of this article was relevant at the time of publishing. Circumstances change continuously and caution should therefore be exercised when relying upon any content contained within this article.

Modern brick houses, built to traditional designs on a housing development in Northern England.

Image source: Getty Images

With house prices rising, it’s getting harder for first-time buyers to get on the property ladder. And if they’re shelling out a large deposit, they’ll be looking for a house that ticks all of their boxes. With that in mind, it’s likely that first impressions count. So, just how important is ‘kerb appeal’ to first-time buyers? Let’s find out.

[top_pitch]

5 Stocks For Trying To Build Wealth After 50

One notable billionaire made 99% of his current wealth after his 50th birthday. And here at The Motley Fool, we believe it is NEVER too late to start trying to build your fortune in the stock market. Our expert Motley Fool analyst team have shortlisted 5 companies that they believe could be a great fit for investors aged 50+ trying to build long-term, diversified portfolios.

Click here to claim your free copy now!

What can negatively impact kerb appeal for first-time buyers?

Established lender Evolution Money conducted research and revealed the features that most negatively affect kerb appeal for homebuyers. The study revealed that the most off-putting features were:

  • Cracks in the outside walls – 64% 
  • Damaged windows – 61% 
  • A roof with missing or uneven tiling – 57% 
  • A damaged front door – 54% 
  • Leaky gutters – 49% 
  • Missing pointing in brickwork – 43% 
  • A shabby front door – 42% 
  • Old-fashioned or single glazed windows – 35% 
  • Dirty windows – 28% 
  • An unmown lawn – 26% 
  • Dirty or discoloured walls – 24% 
  • Weeds in the front garden – 23% 
  • Wonky or wobbly flagstones – 21% 
  • Visible bins – 21% 
  • A messy gravelled driveway or path – 19% 
  • Rusty front gates – 19% 
  • A dirty flagstone path or driveway – 14% 
  • Dirty cars in the driveway – 10% 
  • A lack of outdoor lighting – 9% 

The data revealed that most homebuyers, including first-time buyers, would be put off by cracks in the outside walls, damaged doors and windows and leaky gutters.

[middle_pitch]

How can you maximise your kerb appeal?

Evolution Money also explored the features that offer the most kerb appeal to a home. The survey showed that the most appealing features were:

  • A well-maintained roof with no missing tiles – 37% 
  • Double glazed windows – 37% 
  • Well maintained plants and trees – 25% 
  • Freshly painted or pointed walls – 24% 
  • A freshly painted front door with a decorative knocker – 19% 
  • A freshly mown front lawn with no weeds – 19% 
  • A security camera – 18% 
  • Lighting around the front door – 14% 
  • Freshly jet washed or sandblasted exterior walls – 13% 
  • A bin storage unit – 13% 
  • A jet-washed driveway or path – 12% 
  • A freshly raked gravel driveway – 12% 
  • A clean car in the driveway – 10% 

Some of these features could even persuade potential buyers into offering more than the asking price for a property. In fact, two-thirds (68%) of house-hunters responded that they could be persuaded to offer more money for a home with kerb appeal, with 30% prepared to offer an extra £5,000 or more.

What is the cheapest way to improve kerb appeal?

Typically, new homes already have the key features that give prospective buyers a strong first impression, as long as they’re well maintained. But owners of older properties looking to sell may have to do some extra work.

Making home improvements can improve the kerb appeal and boost your home’s value. But making significant changes can also be very expensive. So, it’s important to be smart in the way you go about it.

You don’t have to go over the top. Simply refreshing exterior paintwork, cleaning windows, clearing gutters, tidying up your driveway and trimming your lawn can improve the kerb appeal of your home.

It might also be wise to consult experts to avoid making unnecessary expensive changes. These experts can offer advice on whether more extensive renovations or improvements are required.

Is this little-known company the next ‘Monster’ IPO?

Right now, this ‘screaming BUY’ stock is trading at a steep discount from its IPO price, but it looks like the sky is the limit in the years ahead.

Because this North American company is the clear leader in its field which is estimated to be worth US$261 BILLION by 2025.

The Motley Fool UK analyst team has just published a comprehensive report that shows you exactly why we believe it has so much upside potential.

But I warn you, you’ll need to act quickly, given how fast this ‘Monster IPO’ is already moving.

Click here to see how you can get a copy of this report for yourself today

More on Personal Finance

Note paper with question mark on orange background
Personal Finance

Should you invest your ISA in a model portfolio?

Which model ISA portfolios offer both high performance and low fees? Hargreaves Lansdown, Interactive Investor and AJ Bell go under…

Read more »

Economic Uncertainty Ahead Sign With Stormy Background
Personal Finance

Is it time to exit emerging markets investments?

Investors may well be sitting on losses from emerging markets funds. Is it worth keeping the faith for a sustained…

Read more »

Personal Finance

Share trading? Three shares with turnaround potential

Share trading has been difficult in 2022, but which companies have turnaround potential? Jo Groves takes a closer look at…

Read more »

Man using credit card and smartphone for purchasing goods online.
Personal Finance

Revealed! Why Gen Z may be the savviest generation when it comes to credit cards

New research reveals that Gen Z may be the most astute when it comes to credit cards. But why? And…

Read more »

Environmental technology concept.
Personal Finance

The 10 best-performing sectors for ISA investors

The best-performing sectors over the past year invested in real assets such as infrastructure, but is this trend set to…

Read more »

Road sign warning of a risk ahead
Personal Finance

Recession risk ‘on the rise’: is it time for investors to worry?

A major global bank has suggested the risk of a recession in the UK is 'on the rise'. So, should…

Read more »

pensive bearded business man sitting on chair looking out of the window
Personal Finance

1 in 4 cutting back on investments amid cost of living crisis

New research shows one in four investors have cut back on their investing contributions to cope with the rising cost…

Read more »

Image of person checking their shares portfolio on mobile phone and computer
Personal Finance

The 10 most popular stocks among UK investors so far this year

As the new tax year kicks off, here's a look at some of the most popular stocks among UK investors…

Read more »