PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

EA's valuation varies considerably on our Bungalow...

13»

Comments

  • BertieUK
    BertieUK Posts: 1,701 Forumite
    edited 9 February 2013 at 5:08PM
    I spent 30 years selling houses, the last 15 on new build developments.

    If I had a £1 for every person who asked me if we were going to be building bungalows I would be a very rich lady. :rotfl: Unfortunately most of the major developers just don't build them any more. Land costs make them prohibitive.

    Bungalows are always popular and they often represent terrific value for money, especially if they are detached because they were built at a time when plot sizes were more generous than they are today.

    You sound like keen gardeners. The money you have spent on outbuildings, your garden and the watering systems whilst making your property more attractive and therefore more "saleable" will not significantly increase the value of your actual house.

    Sometimes a large garden can be a little offputting to less active retirees. However if it is well laid out and landscaped then that should help a lot. A nice conservatory is a lovely bonus, it can add money to a property but usually not as much as it costs to build them. However, a good conservatory, with central heating radiators is a big selling point and will make a house more attractive.

    You have floored the loft, but that hasn't actually increased the available square footage for living space, so again, although a floored loft is a nice thing to have it doesn't actually add monetary value.

    I would try another couple of agents if there are any more in your area and then do a bit of snooping on the websites that other posters have mentioned.

    Good luck.

    I am sure that once you have worked out the right price you will find it quite easy to sell your bungalow. They are always at a premium and usually attract a lot of interest.

    Many thank's to you for your time and constructive comments. I have noted some of your previous posts that you have given many sound constructive and unbiased comments and I have notice that you, like myself, do not suffer fools to gladly.

    We are very keen gardeners I must say and now have the garden balanced quite well with everything quite manageable.

    Thank you once again.:)
  • BertieUK
    BertieUK Posts: 1,701 Forumite
    ognum wrote: »
    Some of the external improvements you have made will suit some buyers, others will consider them a hinderence so I don't think you will make much return on them.

    When choosing an EA I would go for a company that provides you with one contact point, I have tried to deal with teams and IMO its difficult to get any help or advice.

    As long as they both use Rightmove/Zoopla etc to advertise and I would look at the costs of selling through them and how long Thier contract period is. I would always want an 8 week contract it tends to concentrate the effort.

    Your constructive comments have been noted and we are in complete agreement with them.

    The first EA stated that the property would be with all the main property portals, including:

    Rightmove - Zoopla - Findaproperty - Primelocation - Globrix.com (a new property search engine, like Google) and finally Property Live. Plus of course their own WebSite. Which on the face of it looks quite impressive.

    They have no lock-in period only the 21 Day notice in writing.

    Our thoughts would be to say to the EA that we will give him a month + the 21 day notice and that would then ensure that he would do his best to get a sale concluded. These points will be discussed on Tuesday at our meeting with him. Thanks again for your input.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.3K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.