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How much are the houses you REALLY want?

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  • glasgowdan
    glasgowdan Posts: 2,968 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Yeah, the houses I want are only 60% of my budget, but they're in the fields of the scottish borders... not a lot of use! :)
  • Last time I looked:

    - current house would go on the market for, say, £170,000
    - okay-for-me houses (perfectly standard - nowt luxury) would be probably around £350,000 (certainly highly unlikely to find anything for less than £300,000).
    - the road I have my eyes on (still perfectly standard houses I'm pinpointing there - but its a nice road) probably around £400,000

    :rotfl:at the thought of houses one really wants just being 10-20% more than can be afforded in my case:rotfl:

    Primark income. John Lewis tastes.:(
  • ruelle
    ruelle Posts: 159 Forumite
    Seventh Anniversary 100 Posts Name Dropper Combo Breaker
    I really want to buy in Hackney where I currently live. 1 beds are around £400k. I can stretch to £200k. :(
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    ruelle wrote: »
    I really want to buy in Hackney where I currently live. 1 beds are around £400k. I can stretch to £200k. :(

    Sheer madness.

    More to life than chasing a pile of bricks with an empty space inside.
  • Riggyman
    Riggyman Posts: 185 Forumite
    edited 13 May 2016 at 12:18AM
    There's a converted Windmill for sale by me that I really want to buy. 5 floors, all circular, awesome. Sadly I haven't a spare £500k.
  • ThePants999
    ThePants999 Posts: 1,748 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    Houses I'd REALLY want are millions. I try to be happy with what I have :-)
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I don't really see houses I want. Not that emotionally attached to them. I like houses that are in "nice areas" and not grim looking. That's about it. They have to work functionally for me. When I saw this one I saw it had walls and a roof and was just a couple of years old (so heating/DG/insulation all present) - that was all I needed really, so I bought it.

    So, if I could buy any house, that was better than this one, it'd probably cost 40-50% more .... just be in a slightly different place.

    It's location I struggle with - if you don't know anywhere it's difficult to get 'excited' about wanting to choose any one area over another.

    So, I guess .. ... if I had £350-400k to play with I could buy a different 2-bed house to the one I've got.
  • Davesnave
    Davesnave Posts: 34,741 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    The land I own is as important to me as the house, which immediately rules out the vast majority of properties, because they don't come with enough land.

    Too much land is also undesirable, as anything over a certain acreage needs far too much input, unless it's mainly woodland or rough scrub.

    I don't just want a field tacked onto a house either; it has to be more than that, as I don't have enough lifetime left to turn that field into something interesting, nor do I want it if there's public a right of way through the middle.

    Then there are the outbuildings.........

    So, to cut to the chase, among 5000 houses, there might be one or two which come somewhere close to what I want. If it's detached, has 3 or 4 bedrooms and is well proportioned, almost any house will do if the land is right. Houses can be altered, but location, aspect and land are much harder.

    Price-wise, what I want depends largely on location, ranging from around £250 k in Wales to over £1m in rural locations close to cities, beaches and AONBs in the South of England.

    I don't have £1m, or even £500k, so I'm not close to a city or a beach., but living in the depths of the country has advantages I didn't fully appreciate until moving here. Folks are unpretentious and mostly easy-going, which fits well with my personality, so I doubt if I'd swap the type of location.

    If I could get a bit closer to the town and the warmth of the south coast, that would be good, but I suspect it might cost me another 30% over what this place is worth. Just a guess: say £600k-£750k.
  • dirty_magic
    dirty_magic Posts: 1,145 Forumite
    Eighth Anniversary 1,000 Posts Combo Breaker I've been Money Tipped!
    The house I really want is £775k. That's about 400% above my budget, I don't know about 10%! :p

    I'm happy where I am really, it'd just be nice to live more into the country.
  • chelseablue
    chelseablue Posts: 3,303 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    We purchased our house for £400,000


    The next house I want to buy we're looking at about £550,000.


    I've already started saving :rotfl:
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