Don of a bright new era for suburb; NEW HOMES.
Byline: with Clare Johnston
The shoots of recovery appear to be emerging in the Aberdeenshire property market.
Following a tough few years in which prices have fallen sharply, estate agents are reporting higher interest among buyers, as well as an increase in both supply and demand.
In May, property consultancy CKD Galbraith reported seeing movement at the higher end of the market with the recent sale of "substantial rural properties".
And homes website Zoopla report a one per cent rise in property values in Aberdeenshire, where the average price now stands at PS225,149. According to the website, flats sold for an average PS154,231, and terraced houses for PS195,817.
One area that has been resilient to recent fluctuations is Bridge of Don in the north of Aberdeen. Average prices in the suburb have held up compared to previous years and have shown a small rise in the last 12 months, according to Zoopla.
With two secondary schools and seven primary schools, the area is popular with families.
In a further sign of confidence in the area, CALA have launched two new developments, describing Bridge of Don as "quickly being recognised as one of Aberdeen's most premier suburbs". CALA are pleased with the level of interest in The Grange at Balgownie and CALA at Grandhome, with six homes sold between June and August.
The Grange offers 32 three to five-bed detached homes, townhouses, terraced and semidetached properties, priced from PS349,000 for a four-bed townhouse.
CALA at Grandhome will provide 71 three and four-bed properties, as well as one and two-bed apartments, and will form part of the new community of Grandhome, with new schools, a health centre, parks and retail space planned. Prices start from PS239,000.
Mike Naysmith, managing director of CALA Homes (North) said: "We know there is a keen appetite in the Bridge of Don area following the success of The Links at Dubford and Balgownie Gate. Although the developments fall within the same locale, the product and design will appeal to two very different types of homebuyers, offering a fresh approach for the North."
Barratt are among other developers in the area, with three-bed homes at their Mill Brae development selling from PS229,995, with two and four-bed house types now sold out.
And Tulloch Homes are down to their last apartment at Westfield, Bridge of Don, where the two-bed ground floor show flat is for sale, priced PS190,000.
POPULAR The Grange at Balgownie is one of two new CALA developments in area
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|Publication:||Sunday Mail (Glasgow, Scotland)|
|Date:||Sep 10, 2017|
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