It can be one of the first things to consider when you are looking for a new home, do you want a modern or character property?

In terms of residential property, a “character property” and a “modern property” refer to two different types of houses with distinct attributes and characteristics. This blog explores each category and their typical attributes, as well as the positives and negatives of each.

Character Property:

A character property is usually an older home with unique and distinctive architectural features that often reflect the style of a particular historical period. These properties are known for their charm, individuality, and traditional craftsmanship. Some common types of character properties in the UK include Victorian, Georgian, Tudor, and Edwardian homes.

Typical attributes of a character property include period features such as exposed beams, ornate fireplaces, sash windows, high ceilings, decorative mouldings, and hardwood floors. Their design and layout can be unique and they boast cultural value that are cherished for their historical significance.

Positives of character properties:

1. Aesthetic Appeal: Character properties exude charm and character, appealing to buyers who appreciate traditional architecture and unique features.
2. Investment Potential: Well-maintained character properties can increase in value over time due to their scarcity and desirability.
3. Historical Significance: Owning a character property can provide a sense of connection to the past and the surrounding community’s history.

Negatives of character properties:

1. Maintenance Costs: Older properties may require more maintenance and renovation work, which can be costly.
2. Energy Efficiency: They often lack modern energy efficient features and services, leading to higher utility bills and therefore a greater impact on the environment.
3. Limited Amenities: Some character properties may have limited space and lack modern amenities found in newer homes such as open-plan living, a garden or car parking.

Modern Property:

A modern residential property refers to a recently built or newly constructed home. These properties are designed to meet contemporary living standards, incorporating modern building materials and design trends. They are often found within housing developments in suburban areas.

Typical attributes of a modern property include a contemporary design with open-plan living spaces. They are designed to reflect a modern lifestyle which incorporates amenities for this purpose such as; en-suite bathrooms, garages, utility rooms, smart home systems and studies as we increasingly work from home. They are also considerate of sustainability and are designed and constructed to be more energy efficient. They often benefit from more sustainable building materials and services such as ample insulation, solar panels, air source heat pumps and electric car chargers leading to lower energy costs for the occupiers, and therefore a lesser impact on the environment. In terms of location, new residential developments are often situated in growing suburbs with easy access to schools, shopping centres, and recreational facilities.

Positives of modern properties:

1. Energy Efficiency: The use of modern construction materials and technologies results in better energy efficiency and reduced environmental impact.
2. Low Maintenance: Newer properties typically require less maintenance and come with warranties for certain features.
3. Modern Amenities: Modern residential properties offer contemporary conveniences, design and integrated technology.

Negatives of modern properties:

1. Lack of Character: Modern homes may lack the unique historical charm and individuality found in character properties.
2. Location: New residential developments may be situated further away from city centres and older, established neighbourhoods.

Ultimately, the choice between a character property and a modern residential property depends on personal preferences, lifestyle needs, and budget considerations. Some buyers are drawn to the charm and history of character properties, while others prefer the convenience and energy efficiency of modern homes. It’s essential for buyers to carefully weigh the positives and negatives of each, and consider their long-term plans when making a decision.

A topical, and key difference between the two categories of property is their energy efficiency. Targets have been set by UK Government to improve the energy efficiency of residential homes. An Energy Performance Certificate (EPC) tells us the energy rating of a property. Older properties typically have a lower EPC rating but as we move to become more sustainable, we must consider environmental impact in how we build new property, and retrofit older properties to make them more energy efficient.

How do you think the energy efficiency of a residential home may affect its saleability and property value in the future?

At Avery & Co, most of our surveyors are also qualified Domestic Energy Assessors (DEA), and can provide independent and accurate EPC’s on residential properties. If you would like more information please visit the website here or get in touch on 0330 088 5040

We cover the whole of the North West and North Wales and our friendly team of RICS Surveyors would be happy to have a chat about what you need.