What would you do?

plane_boy2000

It would be a big issue for me, but we have small children so getting them in / out of the car in safety is important.

IMO it depends of what type of house you have as if it is small then it may be less of an issue for a single person or couple than to someone like me.

fruitbat_2

We had a similar situation, we park on the road right outside our house and don't have a problem doing so, but this did put some viewers off (even though there was no mention of off street parking in the detail, so you wonder what people are expecting?)

We dropped our asking price from £209,950 to £199,950, partly because we'd found a house we loved well within our budget and could afford to do so, and didn't want to lose it, partly to draw in the 'up to £200K' people looking on rightmove, and partly because we'd looked at asking prices of similar properties and ours was a bit optimistic - and at the lower price we figured people's expectations would be slightly lower. We got another flurry of viewings and an offer within 2 weeks of doing so.

halia

It wouldn't bother me but i do think you may need to address the issue to get offers:
Is it a definite parking space on the road? (ie can you say designated onroad parking)
agree with the bike/motorbike shelter idea if possible (my old house had a tenfoot but you couldn't get a car down it so parking was onroad outside the house. However by putting in wider gates+shelter I was able to say 'secure, off road scooter/bike parking'
make sure you have details (in writing and attached to house particualrs) about the lane access, 'private lane access shared by X people' - push the privacy angle
I'd buy something with parking 50yds away but a private lane for access

Holesinmypockets_2

OK we dropped our price from 209 to 194,950 (seem to be loads and loads on in our area at 199) and it's really not seemed to have made much difference during the last 3 / 4 weeks. We've only had 3 viewings and are beginning to get a bit narked about the estate agents (not doing what they said they would - not let us know that viewins are being cancelled etc etc).

We are really wondering what to do?
Should we look at changing agents?
Should we look at auctioning (anybody got any experience of this please let me know);
Should we wait a little longer and then drop the price again?

As I said before we're really wanting to move asap now

poppy10_2

Keep dropping, baby!

ixwood

It's worth less than others are selling for, regardless of what any one tells you. Objectively, after looking on rightmove, what would be the max you'd pay for it?

ailuro2

Work out how much the mortgage is per month- how much do you save if you sold it for a lesser value now instead of waiting another month or two?

If it is overpriced then you are losing money paying for both.

Remember the housing market may not be as bouyant as recent years, lots of people are starting to twitch a little, it is a buyer's market.

benood

If you drop the price more people will consider putting up with the problem, but no doubt your market is smaller than for typical buyers - I for one wouldn't consider buying a house I couldn't get within 50yrds of by car (sorry). We had a similar problem a couple of years ago selling a big house with a small garden in a rural area - we dropped the price and it sold.

amcluesent

A ransom strip is bad news. Have you considered an auction?

Holesinmypockets_2

amcluesent wrote: »

A ransom strip is bad news. Have you considered an auction?

It's what I'm trying to get some info about. Anybody know anything about auctioning a house? Costs? Timescales? etc etc