Boom or bust for equestrian property? 
Read the latest newspaper reports and you'll believe that the British property market is behaving like a crazed yo-yo. For every headline touting an upturn, another predicts doom and disaster.The truth, according to specialist estate agents, is a lot less dramatic. Prices are solid and stable and the market is "steady", according to Richard Nocton, of Woolley & Wallis, who sees neither "colossal peaks nor troughs"."It is quite firm," agrees William Grant of Fox Grant. "It may be creeping up a little bit but it isn't running away."The latest figures from the Horse & Hound property index, which tracks advertisements in the magazine, support this analysis. They show that the middle price for the equestrian properties advertised in Horse & Hound is £799,500. This represents a 7% increase over last year, which is healthy, but hardly anything to write home about.
This simple number, however, hides a much more complex picture. On average, prices are slightly higher, but the number of houses available appears to be lower than last year. This is because, across the country, the supply of good equestrian homes remains tight. "We're looking at lots of stuff with pony paddocks, but the market is very short of properties," confirms William Grant. This is particularly true at mid-market level, according to the Horse & Hound index. Homes priced between £500,000 and £750,000 — the most popular range in the first four months of last year — seem to have virtually vanished from the market.
- copyright Horse and Hound-Carla Passino - Find out more about
the facilities at Windsong Dressage and Equestrian Center. If you have questions you can
email Ulla Hudson, our
German Certified Instructor.Windsong Dressage and Equestrian Center
#733, Route 344, Cedar Grove, Edgewood, NM, 87015, USA
505-615-5050
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