Property market boosted by new builds

editorial image

The Arbroath property scene is performing positively with the town becoming a popular location, according to an estate agent.

Aberdein Considine believe that the many new developments in the town are not only just bringing more homes to the market, but also benefit the market as a whole, with buyers of second hand homes also seeing advantages.

They say that the market across Arbroath has remained steady over the past year with the average house price rising positively by almost two per cent.

Laura Considine, partner at Aberdein Considine, said: “The town has become an increasingly popular location among commuters and the new build developments in the area play a significant role within the local market, beyond the introduction of new properties.

“Many may not realise it, but the part exchange schemes offered by housebuilders have a positive knock-on effect to the wider market, stimulating activity not just among new build but also second hand homes.

“There are a number of housebuilders across the area operating part exchange and it is proving very effective in overcoming the challenges associated with trying to sell an existing home in order to secure a new one.”