Insight

The Rising Appeal of New Build Homes: Energy Efficiency Leads the Way

19.11.24 2 Minute Read

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In today's property market, new build homes are experiencing a surge in popularity. Recent data from the Property Academy Home Movers Survey 2024 reveals that 53% of home movers would consider purchasing a new build property – a significant increase from 47% last year.

In today's property market, new build homes are experiencing a surge in popularity. Recent data from the Property Academy Home Movers Survey 2024 reveals that 53% of home movers would consider purchasing a new build property – a significant increase from 47% last year.

This growing interest spans all age demographics, challenging the traditional perception that new builds primarily attract first-time buyers. The driving force? Energy efficiency tops the list, with 70% of respondents citing this as their primary motivation amid rising energy costs.

Other compelling benefits include reduced maintenance requirements (65%) and the advantage of moving into a ready-to-live-in property (64%). While buyers remain mindful of build quality (61%) and room dimensions (47%), these considerations highlight the importance of choosing the right property partner.

At Bidwells, our expertise spans both development consulting and sales. We work closely with developers from the earliest stages, helping optimise site potential and ensure final designs align with market demands. This invaluable insight then feeds into our sales process, allowing our estate agency team to match buyers with properties that truly meet their needs.

Whether you're a buyer searching for your ideal new build home or a developer seeking expert market guidance, our comprehensive property services ensure every aspect of your journey is handled with expertise and care.

Looking to explore new build opportunities in your area? Contact our team today.

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David Bentley

Head of Residential

Results-driven, David has sold 70% of Cambridge’s prime city developments and his team are working right across the Oxford to Cambridge Arc.

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Rebecca Wilson

Partner, Head of Residential New Homes, Cambridge

Having begun her Bidwells journey in planning and residential development, Rebecca has a rich foundation for transforming development visions into reality.

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