Debate House Prices


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cost of building a House

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  • GDB2222
    GDB2222 Posts: 26,204 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Rabiddog wrote: »
    oooh icons? must try them out:confused::j:rotfl:naughty:

    I'd say you've got the hang of those.
    No reliance should be placed on the above! Absolutely none, do you hear?
  • For everyone who as said new builds are, boring, Pokey and on top of each other (and generally took the pee). This is what we have, I and think it is as interesting a property and have not seen many houses over the last 60 years that are as appealing. We saw fuel prices as a potential future problem that is why we purchased new.
    903292351house.JPG
    Sorry mobile picture.
  • sdooley
    sdooley Posts: 918 Forumite
    A friend of ours built his own house 3 years ago. I dunno what the land cost but it's a 2 bed detached with garage and it cost him £45,000 to build. It was probably worth about 180k at the peak.

    Does this help.

    Does this mean the market will plateau when your mates house drops to £135K?
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    moggylover wrote: »
    We were actually talking more about agri-land with possible planning permission for one build.

    quote]

    Us too.

    Re waiting it out...might depend what kind of farming they do. Our neighbouring farmer sold the family farm last year...to a hedge fund manager. He still farms it but takes a wage for doing so. I'm gutted, it was my..'when I win the lottery' house/farm. Sold at the top of the market too. I don't know, but while farming remains fun for Huge money hobby famrers and commodity investors we are going to be left waiting a while.
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!

    I don't think it's a police thing, it's a male thing - OH always insists on driving, and he doesn't have the police excuse!

    This is adding to my gender confusion then....I'm the driver here. I drove all the way to Italy and back, non stop each bar for petrol and oil checks and refused to relinquish the wheel. I make a shocking passenger :o and our (non posh) car was mine before we met. It was clean and well maintained then, now I pray the mud holds it together through just a few more MOTs. Got to the stage where have invested so muh in new bits I can't afford for it to die, but its too scrappy to be worth the price of those new bits. DH, like I, would sooner have more in the house fund, or a new horse, or maybe transport for the horses than bother with a flash car. (he'd be happy with a wheelbarrow with an engine!)
  • dopester
    dopester Posts: 4,890 Forumite
    Our neighbouring farmer sold the family farm last year...to a hedge fund manager. He still farms it but takes a wage for doing so.

    Perhaps the hedge fund manager bought that farm as part of a Inheritance Tax [strike]dodge[/strike] planning strategy.

    I'm not sure if they've closed the loop down (I doubt it) and imagine quite a few city boys have got their own investment in farm buildings / land.

    BBC News March 2007
    Under current rules, agricultural relief of up to 100% is available on farmhouses, cottages and buildings appropriate to a working farm and reports have suggested wealthy City workers are increasingly investing in farmland in a bid to benefit from its tax breaks.
  • dopester
    dopester Posts: 4,890 Forumite
    Pretty nice looking house JP.
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    dopester wrote: »
    Perhaps the hedge fund manager bought that farm as part of a Inheritance Tax [strike]dodge[/strike] planning strategy.

    I'm not sure if they've closed the loop down (I doubt it) and imagine quite a few city boys have got their own investment in farm buildings / land.

    BBC News March 2007


    I'm familiar with that, and tbh, if it still exists we would hope to make use of it in the future. Its really because the line between residential and business on a farm is very slim. Agricultural occupancy conditions could be reformed to have some little impact here....and removed from bungalows with a third of an acre, which really do NOT need to be AOC restricted.:rolleyes:
  • dopester wrote: »
    Pretty nice looking house JP.

    Cheers. Can I now stop needing to justify why i purchased.;)
    I can understand some peoples reactions though as a lot of places they do cram on as many houses as possible.
  • For everyone who as said new builds are, boring, Pokey and on top of each other (and generally took the pee). This is what we have, I and think it is as interesting a property and have not seen many houses over the last 60 years that are as appealing. .

    It looks nice - Victorian in style, I think?
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
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