Selling Bungalow vs House

ric1982

Hi,

Is it difficult to sell bungalow then selling a similar spec. house? I have searched if people would prefer a bunglow and most says they would love to live in bungalow if they can afford but none of them says how fast (or slow) can you sell a bungalow compare to a house.

From purely financial point of view, the answer to this question does makes a difference when you buying a property.

Thanks

Slithery

It doesn't make a difference.

You can get fast or slow house sales, and fast or slow bungalow sales.

teddysmum

Bungalows on our estate and in the area my sister lives in ,sell very quicky (couple of weeks).


On had ssc within two days of the board going up and the people moved in two weeks later.


My sister bought hers quickly, but she has to wait for the owners new flat to be completed. Her semi had an offer within 24 hours,but the buyer had mortgage problems (don't now how that's going).

Davesnave

Depends on the area really. In some places bungalows are as rare as hen's teeth, but where I am there are loads, so there's always a few to choose from.

The key thing with all property sales is price. Even the nicest bungalow, priced too highly, won't set the average pensioner's pulses racing!

(And before you lot start, I live in a bungalow..... and I don't 'need' to! )

ReadingTim

In the saga of selling a house vs selling a bungalow, the bungalow sale is a shorter story.

Or maybe just short a storey....

moneyistooshorttomention

Davesnave wrote: »

Depends on the area really. In some places bungalows are as rare as hen's teeth, but where I am there are loads, so there's always a few to choose from.

The key thing with all property sales is price. Even the nicest bungalow, priced too highly, won't set the average pensioner's pulses racing!

(And before you lot start, I live in a bungalow..... and I don't 'need' to! )

Them's my thoughts too. Where I'm from - there are a rather lower proportion of bungalows (so not many to choose from if that's what is wanted) and developers have bought up some of the ones that do exist and are cramming in toytown houses on their plots:(:mad:. Where I am now - there's quite a few and not much sign of developers up to their tricks.

Ditto - I live in a bungalow and dont need to. It's just that that what was available here when I looked at detached houses in the price range I can afford.

Where there are a decent number of them - then I'm guessing people will think it likely that they are more prone to being old-fashioned than houses. That's what it feels like to me - studying them online. There are a few that have been done up in modern way - but it doesnt seem to be that common. Amongst the second-hand bungalows here, for instance, the only ones I'm aware of that are modern are mine (now I've had it gutted) and a couple that have obviously had developers go into them and do a (cheaper) gutting job.

So - if yours is one of the few modern ones - then I'd emphasise that fact in your position and it should go pretty darn quickly.

vic_sf49

I live in a village where there are hundreds of bungalows, and the same is true of neighbouring villages, yet the majority of them are SSTC within days.....faster than houses. (And I look on Rightmove daily because I'm nosy.)

The ones that don't sell tend to be those nearest to a small beck, where there has been a history of flooding.

Everything else shifts very quickly, even those that haven't seen a lick of paint since they were built in the mid 70s.

seven-day-weekend

I live in a suburban road mainly containing 1930s houses, but there are a few 1930s very pretty bungalows at the top.

We bought one of these bungalows two years ago - it had been on the market a week. It needed gutting and the garden was a mess. We did it up, and love it.

There has only been one bungalow gone up for sale since then, in good condition, and it sold in 24 hours.

The houses sell well too in our road, but not as quickly as the bungalows.

Slinky

It seems that very few national housebuilders build bungalows anymore. They're only interested in 2-5 bed houses and blocks of flats. There's a shortage of bungalows in our area, they don't tend to hang around very long if priced correctly, and there is a premium compared to a similar house. We've had nearly 500 properties built in a development near us and not a single bungalow.

Doozergirl

Speaking to an estate agent a few weeks ago, he suggested that the magic money tree lies in selling bungalows.