view

Simone Chin from Hodges Brighton was recently an expert for RealEstateView.com.au, commenting on the value of a view. Properties with picturesque views are more likely to attract the attention of buyers.

“Clients will pay millions of dollars for a picturesque view in the right location,” she says.

“When you buy the ‘best view in the best street’, you’re investing in the ultimate trophy prize: an incredible, irreplaceable view that only grows in value as demand increases.”

Views only add value to a property if they are in the right position. “I recently sold a property with enviable views with fierce competition, driving the price up substantially,” Simone says.

Views in main living areas, sitting at eye level are more valuable than a property located in an enviable location without the glamorous horizon.

“While a property may have an enviable view, it’s important to also acknowledge the impact weather can play in any location.”

“Properties cliffside, on a hill, or near the beach can be also susceptible to strong southerlies, so be sure to ask your agent about the ‘worst case scenarios’ weather wise to be sure the view creates an enjoyable atmosphere to feel comfortable during all seasons.”

To read the original post, click here.