At Quality & Town, we go to great lengths to help you connect with potential buyers and display your house in the most favorable light possible. There are some aspects of the property market that have withstood the trial of years, and there are other aspects of the market that are only fleeting fads.
For some families, Feng Shui is an essential part of their way of life, whereas for others it is just a passing fad that won’t stick around for long. Some individuals are under the impression that it has an effect on the value of their property.
What exactly is Feng Shui?
1. Feng shui is an old Chinese tradition that involves organizing your house in such a way as to attract prosperity and good fortune.
2. Although it was first used in residential settings, it is now applicable in commercial settings and even in automobiles.
3. The objective of using the principles of Feng Shui is to design an environment that brings its occupants joy, good health, and financial success.
4. Chi (energy), Yin Yang (opposites), and Ba Gua are the three fundamental concepts that underpin the practice of Feng Shui (8 trigrams)
5. When arranging the chairs in your sitting room, you should keep these three guiding principles in mind in order to achieve a sense of harmony with the surrounding environment.
6. A sofa placed against the hallway on the other side of the room, for instance, will prevent chi from easily flowing through the front entrance.
According to research, Feng Shui has an effect on the home market
According to research conducted by Manor Interiors, 86 percent of prospective purchasers of residential real estate claimed that the original design and arrangement of a house are essential to them. Among the other results are:
Seventy percent of those who responded claimed that this factored into their most recent house purchase.
38% of respondents reported that as immediately as they moved into their new house, they immediately made further alterations to it.
72% of those who were polled claimed that they paid a higher price for their current house as they liked the style and layout better.
Judging by the current estimated value of £256,405, Manor Interiors thinks that a Feng Shui premium might add up to £19,743 to the value of a house, given that the current value of the typical property is £256,405.
In addition to this, they predict that an unfavorable Feng Shui Master Singapore condition might shave as much as £25,641 off the value of the house.
According to Manor Interiors, the price difference between having a house that has strong Feng Shui and one that has poor Feng Shui might be as high as £45,384.
According to a separate study published in the International of Mortgage Market and Analysis, good Feng Shui has the potential to increase the value of a house by as much as 7.7%, while negative Feng Shui has the potential to reduce property value by 10%.