Daydream thread continues.....

Itismehonest

lostinrates wrote: »

Are the homes at 500k commensurate with yours? Are the homes at six, or seven hundred?


Valuations really are finger in the air. And the wind changes.

No, most are single properties often with less land.
A very few of those around £400K on the edge of one or two large villages have sold in the last year or two but nothing larger. It's mostly FTB ot BTL type places close or near to the big towns that have been moving. Mainly places at £300K or less.

Is your Inbox clear? I'll send you a link with details of one that has just gone for £500K

COOLTRIKERCHICK

Davesnave wrote: »

Happy Anniversary CTC Let's hope he takes you somewhere nice.....Oh, hang on, you're economising! Hmmmmmm....chippie then.

Piddling down here and just into double figures. Looking for a positive, it's probably cleaning the stream out.

we are sharing a Chinese house special curry:D:D

ITSME.... I agree with you, I have seen houses on rightmove that have been up for sale for yonks, so then you get property blind to them ..

maybe a realistic drop, but otherwise sit tight.. unless serious health implications make it totally impossible to carry on living there..

Had a filling, got to back to the dentist in a month...

The weather:mad::mad::mad::mad: this afternoon you could feel the temp dropping as it was happening.... its thermal underwear weather in flipping MAY!!!!

lostinrates

Itismehonest wrote: »

No, most are single properties often with less land.
A very few of those around £400K on the edge of one or two large villages have sold in the last year or two but nothing larger. It's mostly FTB ot BTL type places close or near to the big towns that have been moving. Mainly places at £300K or less.

Is your Inbox clear? I'll send you a link with details of one that has just gone for £500K

Yes, I have room, but, I believe you. That's not in doubt at all. It's the perspective thing really, that is so hard when in the situation.

My point is, they won't sell at that price but yours would more likely. There must be so e point in the pricing where that changes between 5 and say 8. I'm not suggesting its not galling, it is, but it might be cutting your nose of to spite your face holding out longer than you both want for more and actually ending with no more out of life IYSWIM.

lostinrates

Have a nice anniversary night Ctc.

I really, really, really crave Chinese food ATM. Harrumph!

lostinrates

Wow, I like that one actually itsme.....it has heating, which always appeals. I think that sort of agrees wit what I am saying....valuations are out. The 'correct value' is what it sold for IMO.

Itismehonest

COOLTRIKERCHICK wrote: »

we are sharing a Chinese house special curry:D:D

ITSME.... I agree with you, I have seen houses on rightmove that have been up for sale for yonks, so then you get property blind to them ..

maybe a realistic drop, but otherwise sit tight.. unless serious health implications make it totally impossible to carry on living there..

Had a filling, got to back to the dentist in a month...

The weather:mad::mad::mad::mad: this afternoon you could feel the temp dropping as it was happening.... its thermal underwear weather in flipping MAY!!!!

Thanks, CTC. I think we only have to read the threads elsewhere on MSE to see what people think when places have been on the market for years. "Must be something wrong with it" comes top of the list, followed by "I'll go along & offer a really low price because they must be desperate to get rid of it". I just don't think it's in anyone's interest to leave a property up for sale like that particularly when it isn't a case of overpriced & others in the area selling but at cheaper prices.

Hope the tooth feels better now.

Itismehonest

lostinrates wrote: »

Wow, I like that one actually itsme.....it has heating, which always appeals. I think that sort of agrees wit what I am saying....valuations are out. The 'correct value' is what it sold for IMO.

So given that our cottage is one bedroom less but both have bathrooms plus ours has a large house (20 odd rooms in total) & more cottages available & easily reinstated - on more land what would that make ours worth?

I'll PM another one for a 5 bed.

lostinrates

Itismehonest wrote: »

So given that our cottage is one bedroom less but both have bathrooms plus ours has a 5bed, 3 bath house (20 odd rooms in total) & another 2 cottages available & easily reinstated - on more land what would that make ours worth?

What someone is prepared to pay for it! It's the only answer really.

What I saw over and over is as people go up in price I. This country they expect more for their money, so a price per square foot outside London or the cities just doesn't work realistically.

If it were me I agree, I wouldn't put it on the market openly while you work out what your bottom line price and compromise position is, but I would tell a few search agents, and the bigger estate agents who might act as finders that you don't want to be on the market but you would consider Unmarketed introductions. Yours is valuable enough to be a nice thing for them to pull out of the bag for clients with a ' of course, this isn't on the market...but ...'

Alexelisey

:beer:Happy anniversary CTC!

I won't mention the holiday weather, we went to Tenerife. That probably says enough. We did lots of walking, including a hike up a set of steps that took us from sea level to 100 metres up. We spent some time wandering about including a visit to a Bluewater-type shopping centre. We took some videos of guys surfing just inside a breakwater where 15-foot waves were breaking over the top. We scrambled over some rocks to peer into the rock pools and watched the baby fish and shrimps. And all this was just the first week!

Then we moved to the south of the island where I had booked us 3 days in an all-inclusive hotel and we had a Junior Suite. It was marvellous, we had a private terrace which extended round two sides of the suite and gave us nearly 270 degrees view of the coast and town.

The food we had while we were away was really good, we ate loads! We didn't drink to excess but I got merry once :cool:. We were away for ten days total and we really needed the break.

*

Now we're back it's all back to normal. We have had a total of four viewings since the start of the year.. I suppose auction is a possibility, it's how we bought the house in the first place. I think it's just staying on the market until the end of the month. We've already adjusted the price downwards to see if we got more interest, but nothing happened. I guess for us it comes down to where we can earn money because somehow, if and when this sells, we need to have enough money to buy somewhere else where we would rather be as well as make sure that there's earnings potential. It's still a bit of a dilemma and I'm not really sure which way we should be going

Itismehonest

lostinrates wrote: »

What someone is prepared to pay for it! It's the only answer really.

What I saw over and over is as people go up in price I. This country they expect more for their money, so a price per square foot outside London or the cities just doesn't work realistically.

If it were me I agree, I wouldn't put it on the market openly while you work out what your bottom line price and compromise position is, but I would tell a few search agents, and the bigger estate agents who might act as finders that you don't want to be on the market but you would consider Unmarketed introductions. Yours is valuable enough to be a nice thing for them to pull out of the bag for clients with a ' of course, this isn't on the market...but ...'

Well, I only know what 3 EAs have valued it at. That's not what we were expecting to get for it. One almost always accepts a lower price unless the market is really hot &, as we know, it hasn't been.
We already have 2 agents acting on the unmarketed basis. The one we originally used plus another. However, when they can't shift the ones on their books & there's been no buyers asking for this type of property the unmarketed tactic doesn't work.
For example, one EA has 110 properties on its' books. 54 pre-date 2013 & a great many go back to 2011 (when ours was up for sale) & some even earlier.