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How much to put house on at??
Dillence
Posts: 153 Forumite
Hi
We are about to put my deceased parents dorma bungalow on the market, but I am unsure as to what price to put it on at. It was valued by 3 estate agents last March for between £260,000 and £275000 but I am not sure what that means now.
Its on a main road with a variety of different houses and bungalows, some like my parents have very large gardens. The last comparable one that sold was for £297,500 in Oct 2005 - but I can't seem to find out how that relates to now.
We are not desparate for a sale and don't think that it will be possible to get planning for another house at the back of the garden.
I am seeing the estate agents on Wednesday but wanted an idea before she trys to persuede me one way or the other. We just don't want to loose out.
Thanks for any opinions.
We are about to put my deceased parents dorma bungalow on the market, but I am unsure as to what price to put it on at. It was valued by 3 estate agents last March for between £260,000 and £275000 but I am not sure what that means now.
Its on a main road with a variety of different houses and bungalows, some like my parents have very large gardens. The last comparable one that sold was for £297,500 in Oct 2005 - but I can't seem to find out how that relates to now.
We are not desparate for a sale and don't think that it will be possible to get planning for another house at the back of the garden.
I am seeing the estate agents on Wednesday but wanted an idea before she trys to persuede me one way or the other. We just don't want to loose out.
Thanks for any opinions.
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Comments
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Declutterbug-in-progress.⭐️⭐️⭐️ ⭐️⭐️0
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Thanks for that.
Nationwide puts it at nearly £285,000 on both sold house and last years value for the East Midlands, but Zoopla at £350,000.
Would love to go with the Zoopla one!!!0 -
I would get the average of the three EA's and put it on at that price then sit back and see what happens. EA's get stick on here for 'over valuing' sellers to go with a high price to get them signed up. In my experience EA's advise the current market rate as they dont get paid until you've sold.
Although you are not desperate to sell there is an inherent drain on your time and money by having an empty property to look after.
Deceased estates usially attract a lot of interest as people are expecting a bargain i.e renovation project.0 -
However the market has resummed falling again so if you over price now you could end up chasing the market down.:exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.
Save our Savers
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Thanks for your opinions, after discussions with the estate agent have gone for £295,000, which gives us some flexiblity to achieve at least £275,000.
Properties rarely come up for sale in this road and we thought we would test this price first, we can always come down.0
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