We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
whats it worth
bootalishus
Posts: 106 Forumite
hi
going to look at a bungalow. been on market for over a year. Started at £635k sold for £600k then fell through. Back on at £580k sold for £550k just fallen through.
On a large plot for demolition and rebuilding a house. I really don't think it is worth any where near this amount.
once take into account build costs, stamp duty etc, and continuing house price falls you would be making a loss.
Is it worth even making an offer yet, as I really can't see them taking anything less than £500k if that.
Any ideas welcomed
going to look at a bungalow. been on market for over a year. Started at £635k sold for £600k then fell through. Back on at £580k sold for £550k just fallen through.
On a large plot for demolition and rebuilding a house. I really don't think it is worth any where near this amount.
once take into account build costs, stamp duty etc, and continuing house price falls you would be making a loss.
Is it worth even making an offer yet, as I really can't see them taking anything less than £500k if that.
Any ideas welcomed
0
Comments
-
has it got planning permission ?
why did 2 sales fall thru ?0 -
hi
no planning permission yet, but fairly certain in this road. Also I think sales fallen though due to buyers getting cold feet in this market.0 -
Why not wait, then?No reliance should be placed on the above! Absolutely none, do you hear?0
-
It's worth absolutly zero.
That is, it's worth what someone is prepared to pay for it.
So far, no-one is prepared to pay what the buyer wants.
It's worth what you are prepared to offer for it.Bankruptcy isn't the worst that can happen to you. The worst that can happen is your forced to live the rest of your life in abject poverty trying to repay the debts.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.1K Work, Benefits & Business
- 603.7K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards