Asking Price!! Is it fair??!!!!

rosyw

Prices vary hugely around Norfolk! I'm not too far from there and where I am prices have risen not dropped over the last couple of years, albeit by a small amount. I don't think the price is out my much, but it may be worth a cheeky offer

trailingspouse

A house is only worth what someone is prepared to pay for it, regardless of where it is or how many bells and whistles it has. If you're not prepared to pay that much for it, then don't. BUT it might be worth your while making a cheeky offer for the amount you are prepared to pay for it. You never know.

Charitymanager

Wow if that house were that price near me in rural Yorkshire I would snap their hand off

phoebe1989seb

Not a fan of new houses at all myself, but if I were and was looking in that area/that property size etc I would think that was a pretty fair price for a reasonably attractive house - until I saw the price paid in 2008. Unless they have done significant work to add value and/or prices have risen in that location I wouldn't want to pay that much more than £180k. Speaking from experience as someone who bought in 2007, did a major (and very tasteful ) overhaul but still lost big-time when we sold last year it does stick in my throat a bit when I see people trying to cash in like that - bitter, me? Never

Still worth making a cheeky offer if you love it though......

DRP

phoebe1989seb wrote: »

Not a fan of new houses at all myself, but if I were and was looking in that area/that property size etc I would think that was a pretty fair price for a reasonably attractive house - until I saw the price paid in 2008. Unless they have done significant work to add value and/or prices have risen in that location I wouldn't want to pay that much more than £180k. Speaking from experience as someone who bought in 2007, did a major (and very tasteful ) overhaul but still lost big-time when we sold last year it does stick in my throat a bit when I see people trying to cash in like that - bitter, me? Never

Still worth making a cheeky offer if you love it though......

I would say it is largely irrelevant what they paid for it - it may have been priced low for any number of reasons. It would be far more important to me that I secure the house for not too far from current market sold prices.

MouseTrap

No the asking price is not fair! We just paid £50k more than that for a 2 bed terrace in our part of the world! Where is the fairness in that?

As for the increase since 2008, chances are it was bought as a project and renovated/extended. This can be expensive work and they would also expect to see a return on that investment.

That asking price seems more than reasonable to me, but then I would love to live somewhere like that at that price, if only commuting was possible!

k3lvc

McKneff wrote: »

Wow, that is one nice house, up here in north Yorkshire you wouldnt get any change out of £300k for that.

Bloody long commute though :rotfl:

20400keith

According to property Bee this was reduced by £10k yesterday...

26 September 2012

• Brief Description changed: LOOKS LIKE A MILLION MODERN FAMILY LIVING Executive four bedroom detached family home situated within walking distance of Dereham town centre and offering luxury modernised accommodation to include a double detached garage, gas central heating, generous conservatory and en-suite.
• Price changed: £239,995Guide Price £229,995

08 August 2012

• Initial entry found.