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Undervalued House by Estate Agent?
Comments
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That house is right in the middle of the biggest council estate in Stafford. If you do a google street view you will see the difference in area and it is a pretty big difference.
I am getting the EA in this week who sold my neighbours house and like I say it needed a LOT of work.
rightmove.co.uk/property-for-sale/property-19020129
This is comparable to my house and this property is smaller.
The house you listed in your opening post and the one above are miles apart in my opinion!! (as the list price suggests)0 -
The house in your OP may well have sold for considerably less than the asking price. "IF" it sold for 100,000\105,000 and it needs renovation then I would say that £125,000 for yours in good condition is a bit OTT to be honest. I know Stafford a little and I wouldn't pay more than £120/£125,000 for yours.My home is usually the House Buying, Renting and Selling Forum where I can be found trying to (sometimes unsucessfully) prove that not all Estate Agents are crooks. With 20 years experience of Sales/Lettings and having bought and sold many of my own properties I've usually got something to say
Ignore......check!0 -
Thefunkygibbons wrote: »I assume that there are other agents that you can also get in
What's the point if he is going to rent it out?My home is usually the House Buying, Renting and Selling Forum where I can be found trying to (sometimes unsucessfully) prove that not all Estate Agents are crooks. With 20 years experience of Sales/Lettings and having bought and sold many of my own properties I've usually got something to say
Ignore......check!0 -
Get 3 valuations.0
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The house you listed in your opening post and the one above are miles apart in my opinion!! (as the list price suggests)
I agree with this comment - the design of your neighbour's house (which you say is very similar to yours) is a very basic, council house type design (not saying there is anything wrong with that at all) whereas the one in your other post that is on at a higher price has been much improved to the front with good off road parking and has a really great interior.
Unless you give us photos of your property we are not really going to be able to help further than suggesting going to another estate agent for a second opinion.:hello:0 -
I see from another thread that you have already put an offer in on another property... perhaps you should have got all of this sorted first to be sure of your sums.:hello:0
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Tiddlywinks wrote: »I see from another thread that you have already put an offer in on another property... perhaps you should have got all of this sorted first to be sure of your sums.
We are sure of the sums. Just not sure on the best option given the market at present. I mean we can afford both but that would just be pointless.0 -
Got other valuations 142k, 140k, 137.5, 135 -
Neighbours we think gone for 115k
oh well here it is: http://www.rightmove.co.uk/property-for-sale/property-19593759.html
It just gone on but let me know what you think.0 -
I think your EA should have used a flash when he took the pictures, the rooms look dark. Could you get him to come back on a sunnier day and re-take them? I don't think the photos do the place justice, they need more natural light - particularly the lounge.
The EA details could do with having room sizes too.
To be honest, it doesn't have the same kerb appeal that the other house priced the same has... although I can see why you were put out that the first EA valued your house only marginally above your other neighbour's house.0 -
There's no room sizes on yours that you can see but the under offer property at 139,950 looks a fair bit bigger imo. If I was buying in that area and looked at those two properties side by side, I'd think yours was significantly overpriced - sorry0
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