We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
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!
House listed for three months with no viewing/enquiries
Comments
-
We don't live on a street; we're rural and we have land, so what the neighbours' houses fetch is unimportant from our POV, especially as we don't want to sell. People with farms and smallholdings tend to hang on to them till they expire!
The word 'neighbour' in the sense I used it, means people within about a half mile or so, because we know everyone within that radius.
Except for two of your neighbours? IMO there has probably been as much speculation and mis-pricing in the country as there has been in the city, maybe even more because "Having Land" may even trump "Getting on the Ladder" as a buy trigger for people with too much bubble equity or borrowings
0 -
The neighbours I was referring to live in a complex of barn conversions with little courtyards, so their lifestyle is nothing like mine and their property value is purely academic from my POV.Crashy_Time wrote: »Except for two of your neighbours? IMO there has probably been as much speculation and mis-pricing in the country as there has been in the city, maybe even more because "Having Land" may even trump "Getting on the Ladder" as a buy trigger for people with too much bubble equity or borrowings
As for landed property being overpriced, one thing's for sure; they aren't making any more of it!
Anyway, mine's paid for, not for sale and I'll never starve. I bought a way of life, not an investment.0 -
AnotherJoe wrote: »Maybe not for you or perhaps you originally came from Tibet, but I'd say for most people with toddler, a baby in a buggy, maybe both, trying to get from somewhere along that main road (wherever you can get a space) up the stairs to the house front door (along with shopping perhaps) would be a nightmare and the garden would similarly be dangerous to let little kids out to play.
Not sure there's any need for sarcasm - that's exactly my situation now and it's normal for the area I live in.
You don't let toddlers play in a front garden BTW.
On threads like this, it is more helpful to the OP to focus on things that can be changed rather than things that can't.0 -
The neighbours I was referring to live in a complex of barn conversions with little courtyards, so their lifestyle is nothing like mine and their property value is purely academic from my POV.
As for landed property being overpriced, one thing's for sure; they aren't making any more of it!
Anyway, mine's paid for, not for sale and I'll never starve. I bought a way of life, not an investment.
Ok, no need to say any more....:)0 -
Not sure there's any need for sarcasm - that's exactly my situation now and it's normal for the area I live in.
You don't let toddlers play in a front garden BTW.
I was referring to the back garden
Apologies re "sarcasm" I thought it was mildly funny but hey ho each to their own.
And it may well be normal round where you are, but given a house up a hill with steep front steps and a steep back garden, or ones on the flat that are cheaper, and lower price in the same area, which is going to win for families with toddlers ? Or elderly people? Or people who want a drive/garage? Or would rather spend less for the same size or bigger house?On threads like this, it is more helpful to the OP to focus on things that can be changed rather than things that can't.
Exactly, hence -> reduce the price you are more expensive than your competition.
The title of this thread is "House listed for three months with no viewing/enquiries"
Thats not there because its really very saleable and great value apart from having a sofa in the wong place and the wrong sort of bedspreads.0 -
AnotherJoe wrote: »I was referring to the back garden
Apologies re "sarcasm" I thought it was mildly funny but hey ho each to their own.
And it may well be normal round where you are, but given a house up a hill with steep front steps and a steep back garden, or ones on the flat that are cheaper, and lower price in the same area, which is going to win for families with toddlers ? Or elderly people? Or people who want a drive/garage? Or would rather spend less for the same size or bigger house?
Exactly, hence -> reduce the price you are more expensive than your competition.
The title of this thread is "House listed for three months with no viewing/enquiries"
Thats not there because its really very saleable and great value apart from having a sofa in the wong place and the wrong sort of bedspreads.
Exactly, the re-arrange photos/bedspreads/furniture fixation is a throwback to the heady days of the property mania, cheered on by shows like LLL, the best thing to change around nowadays for a sale is the price.0 -
You're dead helpful, you.Crashy_Time wrote: »Exactly, the re-arrange photos/bedspreads/furniture fixation is a throwback to the heady days of the property mania, cheered on by shows like LLL, the best thing to change around nowadays for a sale is the price.
Of course lowering the price will help. But often people have less flexibility over the price than over other factors, and need to exhaust all the other possibilities first.
Perhaps you should actually try to help people instead of banging the same old drum over and over?0 -
quantumlobster wrote: »You're dead helpful, you.
Of course lowering the price will help. But often people have less flexibility over the price than over other factors, and need to exhaust all the other possibilities first.
Perhaps you should actually try to help people instead of banging the same old drum over and over?
I tried to help people by saying that if you wanted to sell the time to get on the market at a slightly reduced price was straight after the Brexit vote, or else the price reductions would have to be bigger as the unsustainability of low rates becomes clear. Looks like I was right?0 -
Why do people mention Brexit in this thread. It's irrelevant.Crashy_Time wrote: »Looks OK but demand is falling away as Brexit looms, there is no guarantee that a house will sell for a price you like, or even sell at all.
As others have mentioned it's a bungalow with a loft conversion on a less-than ideal plot off a main road. It therefore needs to be priced like a bungalow and not like a two storey house on a better plot with more attractive attributes.
The price is simply too high. A converted bungalow on a similar plot in the area sold for £128,000 in April this year. You need to lower the price to £150,000.0 -
Brexit is affecting buyer sentiment, it is definitely relevant, it is probably the biggest hit to property/general economic sentiment since the crash of 2008?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.8K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards