Demand is high but future still uncertain
ROB Kennedy, director of Philip James Kennedy, comments on the local property sales market and offers and insight into the year ahead THE property sales market in Didsbury and West Didsbury villages is continuing to excite, with demand far outstripping supply.
However, the biggest question of all is how will the market perform moving over the next 12 months? Will prices increase again, level out or reduce?
As a market leading agent, Philip James is working at the cliff face; valuing properties based on how much current properties are selling for, and judging the price level registered buyers would expect to pay for certain types of property.
The team at Philip James Kennedy appreciates that the advice it gives to buyers and sellers alike is of great importance, and that clear professional recommendations are part of the service that we give. We have built a reputation on providing a professional service to buyers while negotiating impressive sales prices for our sellers. We recognise that it is not only about generating viewings and offers for sellers, but how well we can negotiate the offers for our clients.
As the largest and most experienced team in Didsbury village, we have the expertise and the training to give us the edge through our negotiations. Our success and reputation is reflected by the fact we have sold the majority of exclusive properties between £750,000 and £3m where we provide a bespoke and personal service.
The local market is difficult to navigate with many buyers only willing to sell locally if they can find a suitable property close to Didsbury or West Didsbury villages.
I always think that Didsbury’s name is bigger than the area it covers as it is geographically quite small once you look at where suitably sized properties are located – whether the accommodation is suitable; which way the garden faces, and whether it is within the catchment for certain schools.
As a team, we appreciate this and try to take a very pro-active approach when informing clients of new properties coming available and creating a very detailed brochure with stylish pictures laying out all the information a keen buyer would require.
This makes for a far more professional experience when viewing clients’ properties.
Equally, we have hand-picked our viewing consultants who carry a high level of expertise and knowledge about the properties they are showing on open day events so they can answer any questions you have on the appointment.
With an election next year and the threat of an interest-rate hike, I think it is fair to say that I would anticipate modest price increases in 2015.
Traditionally in Didsbury, prices go up during the first quarter of the financial year with prices set to maintain current levels for the rest of 2014.
However, we are trading at about a 10 per cent increase since autumn 2013. ●● IF you are considering selling, contact Rob Kennedy for a personal assessment of your property and bespoke advice about marketing on 0161 448 1234.
●● The Philip James Kennedy Didsbury office, and right, the company’s director Rob Kennedy