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House Buying
mattrobbo99
Posts: 70 Forumite
We are having an offer of £250k considered on a house on for £275k. How do we know if it is overpriced or not?
We are currently checking what other houses have sold for in the area and also considering similar houses currently on the market in this town. Is there anything else we should check?
There are similar houses on the market fthat could probably be bought for about 25k less. however, this house is immaculate with high end kitchen and bathroom. There is also a ground floor extension. The house is also nicer from the exterior / gardens than the cheaper ones, it's just that the upstairs is similar sized (3 bed semi in Bollington Cheshire)
I suppose what we want to know is if the extra 25k is worth it for an extension, great interior and nicer appearance?
We are currently checking what other houses have sold for in the area and also considering similar houses currently on the market in this town. Is there anything else we should check?
There are similar houses on the market fthat could probably be bought for about 25k less. however, this house is immaculate with high end kitchen and bathroom. There is also a ground floor extension. The house is also nicer from the exterior / gardens than the cheaper ones, it's just that the upstairs is similar sized (3 bed semi in Bollington Cheshire)
I suppose what we want to know is if the extra 25k is worth it for an extension, great interior and nicer appearance?
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Comments
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Post a right move link and we will give feedback:D0
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If you can afford it, and it's worth it to you then yes.
A rightmove link would be needed to get others opinions on whether they would pay that for it or not though.0 -
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That's a lovely house and it would cost you more than £25k to do all that. I'm surprised it hasn't been snapped up.
The only thing it is missing is an ensuite, otherwise it would be pefect.0 -
What a nicely presented, good sized house. Nice looking leafy road too. Good luck! Keep us informed.
You're doing all you can in checking other sold prices, etc. How long has it been on the market? If it's overpriced anyway at £250k and they're marketing at £275k, my guess is they're looking for that £250k figure. I would get myself into a really good position as a buyer - everything in place - and be firm. Definitely wouldn't want to pay just over the stamp duty threshold.
Have you checked its rightmove marketing history on Property Bee (firefox)?
Jx2024 wins: *must start comping again!*0 -
The only thing I might be concerned about is the flat roofs, but then I don't have any experience of them, so they might be fine.0
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I think it's lovely!0
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looks to me as if it has been on the market since maybe sept/ oct of last year. leaves still on trees newly mown lawn, nice and sunny.0
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Yes, looks like a nice house and realistically priced for a relatively good area. (I used to live in Hale.)0
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bwhomeresponse wrote: »looks to me as if it has been on the market since maybe sept/ oct of last year. leaves still on trees newly mown lawn, nice and sunny.
Yes, according to Property Bee it was first listed on 29/9/11.0
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