Opinions

bookduck

Phirefly wrote: »

eh? You do not subscribe to my way of thinking then go on to pretty much agree with my way of thinking in a roundabout sort of way? What I said was if the price reflected the fact that it needed work then its more desirable. Surely the majority of people in their sane mind would rather pay X minus the price to have a house done up to your own taste than X plus the price to have a house done up to someone elses taste plus a developers premium? Sure not everyone wants to live with work going on, but in the current climate I'd hazard that thats preferable to paying over the odds for a bit of nasty laminate and brand new shell-moulded bathroom suite you'd have to rip out anyway???

I do not know if this is a good price for this house or not. I do sort of agree, but feel the premium is being squeezed.

What I'm saying is that for a slightly cheaper price, people will see extra work, upheaval, possibly time off work plus a greater spend. For a lot cheaper people will see a bargain. In these cash strapped times, with a falling market and uncertainty to boot, I would expect a huge discount on a fixer-upper. I definitely would not pay the market value for any property in these times and we all know in winter the prices always drop still further.

Davesnave

Odd that both estate agents seem to have a bathroom fetish which involves standing on a ladder....