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Would you pay more than the zoopla value.

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  • Mrsstevo
    Mrsstevo Posts: 34 Forumite
    http://www.rightmove.co.uk/property-for-sale/property-35895410.html

    This is the house.
  • Mrsstevo
    Mrsstevo Posts: 34 Forumite
    Surely if it isn't selling it is over priced!
  • olias
    olias Posts: 3,588 Forumite
    Why do people always assume that. Maybe there just aren't the buyers around atm who are looking for that type of house? Doesn't mean its suddenly worth peanuts.

    Olias
  • Mrsstevo
    Mrsstevo Posts: 34 Forumite
    It's a desirable village and a classic three bed semi. I would have thought there would have been a lot of buyer looking for that type of property. Others are selling in that village.
  • UsernameAlreadyExists
    UsernameAlreadyExists Posts: 1,194 Forumite
    Bar some of the decor, I like that a lot.
    I don't know the area or surrounding house prices, but that's a quite nice place.
    Don't forget we're still in recession ... or are we?
  • moneyistooshorttomention
    moneyistooshorttomention Posts: 17,940 Forumite
    edited 18 January 2013 at 8:43AM
    olias wrote: »
    Why do people always assume that. Maybe there just aren't the buyers around atm who are looking for that type of house? Doesn't mean its suddenly worth peanuts.

    Olias

    Another possible thought as to why a house isn't selling is because of a problem that particular house has.

    I can certainly think of a house right now that I feel is very fairly priced and I am very interested in it. However, it has a particular problem that could be remedied quite easily if the will to do so is there and I have said to the estate agent that I am very definitely interested in the house IF the problem is dealt with by the vendor and the person responsible. So it's certainly not price that is stopping that house selling - it's the fact that that particular problem it has hasn't been remedied yet.

    Fingers crossed that it will be - as I will almost certainly put in an offer on it if that is dealt with. I just wouldn't want that problem passed on to me and have to try myself to get the person responsible for it to solve it.
  • 19lottie82
    19lottie82 Posts: 6,030 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    olias wrote: »
    Why do people always assume that. Maybe there just aren't the buyers around atm who are looking for that type of house? Doesn't mean its suddenly worth peanuts.

    Olias

    A house (or any good / service) is only worth what someone is willing to pay for it at that moment in time, it's simple economics.
  • LandyAndy
    LandyAndy Posts: 26,377 Forumite
    Part of the Furniture 10,000 Posts
    A house in my road sold in the last few weeks

    The sale price for it hasn't hit zoopla yet. the zoopla estimate is 339,448 based on a sale for 204,000 in 2001.

    I don't know the sold price yet but the asking price was 299,500.
  • DRP
    DRP Posts: 4,287 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    19lottie82 wrote: »
    A house (or any good / service) is only worth what someone is willing to pay for it at that moment in time, it's simple economics.


    which is why house selling can take months or years.


    Especially if the vendor is in no hurry and just wants the best possible price.
  • LisaLou1982
    LisaLou1982 Posts: 1,264 Forumite
    Chutzpah Haggler
    Ha! No i wouldnt pay any attention to the Zoopla price!

    Ive just looked at my house - its stating £20k less than i know its worth at the bottom end of the scale! And its stating that next door but one, which has just sold i might add, is worth 100k less than its just sold at! lol
    £2 Savers Club #156! :)
    Looking for holiday ideas for 2016. Currently, Isle of Skye in March, Riga in May, Crete in June and Lake District in October. August cruise cancelled, but Baby due September 2016! :j
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