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Property for sale in St Cyrus

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Real estate insights for St Cyrus

AspectSummary
PopulationApprox. 1,000 residents
Average Property Price£200,000
Rental Yield4.5%
Average Rent£800/month
Occupancy Rate95%
Capital Growth Rate3% annually
Property TaxAround £1,200/year
Transaction CostsApprox. 4% of property price
Expected ROI7.5% annually
Economic Growth ImpactModerate, driven by local employment

St Cyrus FAQ

  • What factors influence real estate prices in St Cyrus?

    Several factors influence real estate prices in St Cyrus, a small village on the east coast of Scotland. The location is pivotal; properties with sea views or proximity to the beach typically command higher prices due to demand for coastal living. Historical aspects, such as the village's heritage and architectural style—often featuring traditional stone-built houses—can also attract buyers looking for character. The local economy plays a role as well; areas with a thriving tourism sector or nearby employment opportunities may see increased demand for housing. Additionally, access to amenities such as schools, healthcare, and transportation links contributes to property valuations. For instance, a home situated near the A92 road with good connectivity to larger towns like Montrose may fetch a premium compared to those in more isolated areas.

  • How do seasonal trends affect property prices in St Cyrus?

    Seasonal trends significantly influence property prices in St Cyrus, primarily due to variations in demand and buyer behavior throughout the year. During the spring and summer months, the warmer weather and longer daylight hours make St Cyrus an attractive destination for families and professionals looking to relocate, often leading to increased property viewings and competitive bidding. This uptick in interest typically drives prices up, as seen in previous years where properties near the coast experienced a surge in value from March through August. Conversely, during the autumn and winter months, the market often slows, as colder weather and holiday commitments deter potential buyers. As a result, property prices tend to stabilize or even decrease slightly during this period, particularly for homes that may not appeal as much in winter. For instance, properties with expansive gardens may see a dip in interest as buyers prioritize other features when the outdoor space cannot be fully utilized. Thus, these seasonal fluctuations create a dynamic market environment, affecting the timing and pricing strategies for sellers in St Cyrus.

  • What are the average home prices in St Cyrus?

    The average home prices in St Cyrus, a picturesque village in Scotland, tend to vary based on property type and location. As of recent data, the typical price for a two-bedroom cottage can range from £150,000 to £200,000, reflecting the charm and character of the area's older buildings. For larger family homes, such as three or four-bedroom houses, prices can increase significantly, often falling between £220,000 and £350,000. Newer developments on the outskirts may start around £300,000, while properties with sea views can command higher prices, sometimes exceeding £400,000. The local real estate market reflects the village's appeal, with proximity to the coastline and beautiful natural surroundings influencing demand.

  • Has the real estate market in St Cyrus been increasing or decreasing?

    The real estate market in St Cyrus has shown signs of modest growth over the past few years. Property prices have steadily increased, attributed to the village's picturesque coastal location and its appeal as a more affordable option compared to larger towns nearby. For example, the average house price in St Cyrus has risen to around £220,000, up from approximately £200,000 a few years ago. This trend is bolstered by an influx of buyers looking for holiday homes and those seeking a quieter lifestyle away from bustling urban areas. However, inventory remains relatively low, which can further drive prices upward. Additionally, local amenities and easy access to nearby attractions, such as the picturesque dunes and walking trails, have made the area more attractive to prospective homeowners. Despite these positive indicators, the market has faced some challenges due to economic uncertainties and changing borrowing conditions, leading to fluctuations in buyer sentiment.

  • Are there specific neighborhoods in St Cyrus with higher property values?

    In St Cyrus, certain areas demonstrate higher property values due to their location and amenities. The neighborhood closer to the coastline, particularly around the scenic views of St Cyrus Nature Reserve, tends to command premium prices. Properties with sea views or easy access to the beach often attract buyers willing to pay more for the picturesque setting. Additionally, homes along the main road that provide convenient access to local shops and services also generally see higher property values. The presence of well-maintained historic homes around the village center can further elevate prices, especially for buyers looking for character properties in a quaint village setting. Moreover, proximity to good transport links, such as the A92, plays a role in property desirability, influencing values in sections of St Cyrus that offer easier commutes to nearby towns.

  • What is the typical price range for different types of homes in St Cyrus?

    In St Cyrus, the price range for homes varies significantly based on the type and size of the property. As of late 2023, a typical two-bedroom cottage or terraced house can be found for around £150,000 to £200,000. Larger family homes, such as three or four-bedroom detached houses, generally range from £250,000 to £400,000, depending on their condition and proximity to the coast. Bungalows are also popular in the area, with prices typically between £200,000 and £300,000. More upscale properties, particularly those with scenic views or larger plots, can exceed £500,000. Additionally, properties requiring renovation may be available at lower prices, offering potential investment opportunities for buyers looking to add value.

  • How do local amenities impact real estate prices in St Cyrus?

    Local amenities play a significant role in shaping real estate prices in St Cyrus, as they directly influence the desirability of the area for potential buyers. Proximity to schools, parks, and shops can markedly affect property values; for instance, homes located near St Cyrus Primary School tend to attract families seeking a convenient education option for their children. Similarly, access to recreational areas like the beach and nature reserves enhances the appeal for those interested in outdoor activities, likely boosting prices in nearby properties. Additionally, the presence of local businesses and essential services, such as grocery stores and health clinics, contributes to a sense of community, which can further elevate demand for homes in the area. Conversely, properties situated farther away from these amenities may experience lower interest and, consequently, reduced values.

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