6 weeks on the market

Cakeguts

This house has aspects that will put a lot of people off.


1 The two drives do not have a fence down the middle.


2 The garage is at the back of the house. This is something that most people don't want. They want the garage to be on the side.


3 The reason why people want the garage on the side of the house is because they want to park in front of the house when the come home from shopping. So as near to the front door as possible.



4 I am a landlord and I have seen this trend in other places. Houses like yours where the garage is not on the side of the house always fetch much lower prices than one where you can park in a drive in front of the house. This is because people will always try to get a house with the garage on the side or even just offstreet parking in front of the house before they will consider one with the arrangement that you have got.



When the house was sold to you it would have appeared "good value for money" because of these disadvantages. When you sell it, it has to appear "good value for money" to your buyer. They will also need to have the money off for the 2nd hand kitchen and bathroom and the cosmetic updating that they need to do to their taste.



Offers in excess of put people off.

tori.k

That's an eye watering price for what essentially is a 1 double and 2 singles bedroom house It almost makes me want to stop moaning about the house prices in Cornwall, on the plus side the one that SSC on Malvern close been on since January may be worth being a bit rude and enquiring how much they have sold for and adjust if need be as they do have the extra living space with the conservatory and appears to be a better landscaping and positioned for garden privacy (but that could be the photos) but who doesn't love a tree fort, if they sold for asking properly worth just waiting it out a while longer.
Good luck

quantumlobster

The garden would break the deal for me. The problem is that there is a high wall dividing the plot! Because of where the wall is, there's a substantial portion (looks like 10-15 metres x 2 metres) of garden that I can never see from my house, nor sit in and enjoy, but still will need to maintain.

Hard pass, even if the rest of the house ticks the boxes.

Soot2006

I'm house viewing at the moment (and selling).



The lack of dimensions on floor plan is really annoying, though not a deal breaker. However if nothing else wowed me, then I'd not bother to work it out myself with the property details. And every time I have to work it out myself, I'm annoyed already.



To me it looks nice enough (and cheap, but then I'm hoping to sell a much smaller 2 bed for more in the SE). Kitchen photo looks unnecessarily cold/clinical - I couldn't imagine happy family breakfasts in that photo. Bathroom photo cuts out the toilet, leaving a floating loo roll on the wall. None of these things would stop me visiting, though.



I have asked our agent to be brutally honest with feedback on our house, and location appears to be the main sticking point. Ultimately, we are now saving up in anticipation of dropping our price. We priced low, we have had many viewings, and even 2 offers. One withdrew, the other hasn't managed to sell her own place yet. It's a slow market right now. Strategically, we're saving everything we can so that we can accept a lower offer if one comes along ... If that means that the new place won't get a new kitchen for a few years then so be it.

getmore4less

Halfie wrote: »

I'll take a look at the market movements but it is very slow here at the mo I think.
.....

lets have a look with a "more like this".

Will start this one with the sold through pricing.

3miles last year 850 sales, 100 of those are in the £230k-£260 bracket.

but what about now. numbers forsale/SSTC


price.....2b.......3b.....4b+
0-150 045/084 026/028 001/00
0-200 074/119 078/086 005/04
0-230 085/124 110/123 012/14
0-240 087/125 129/129 014/16
0-250 093/127 142/134 019/20
0-260 096/127 151/137 020/21
0-max 100/131 205/159 143/61

A lot of buyers in the market under £250k the SSTC ratios are good.
Also competition from 4beds starts under £220k

if we narrow in on the 230-250 detached only 3b+

0-230 11/16
0-240 17/20
0-250 23/23

These are the SSTC £240k and under that people have viewed and decided to buy.

£240k April
£240k March
£240k Sept 18 4bed.
£238k Feb
...

They are selling reasonably quick except that 4 bed for some reason.

None of this help is you have a hard floor on price where you will just wait for a buyer or stay put.

I would put the idea it is a slow market out of your head and look for the real reason you cannot find a buyer at the overs over £240k


Keep a close eye on what goes SSTC from now and the follow through prices hitting the land reg.

Halfie

Thanks all for the feedback, much appreciated. There's lots of food for thought there.

Alan2020

House looks good to me, nothing awful.

I think the downstairs loo is facing the wrong way, maybe wrong but looks like it is facing shortest direction, instead of the long way?

Also no heated towel rail in bathroom.

Neighbours fence is seriously off putting, needs to be changed.

Window colours rank, but nothing you can really do about it.

Actually the (IKEA??) kitchen isn’t too bad, it’s a good size but poor pictures.

I think it will help to remove a lot of the stuff to garage or storage

Halfie

Alan2020 wrote: »

House looks good to me, nothing awful.

I think the downstairs loo is facing the wrong way, maybe wrong but looks like it is facing shortest direction, instead of the long way?

Also no heated towel rail in bathroom.

Neighbours fence is seriously off putting, needs to be changed.

Window colours rank, but nothing you can really do about it.

Actually the (IKEA??) kitchen isn’t too bad, it’s a good size but poor pictures.

I think it will help to remove a lot of the stuff to garage or storage

Heated towel rail is at the end of the bath and kitchen is definitely not IKEA. Agree re the windows but they’re all like that here and the one house that has gone to white looks really odd and not in keeping with the street.

Agree the fence and downstairs loo

AdrianC

Why the snobbery about the Swedish embassy? I'd rather an Ikea kitchen than most of the mass-market brands.