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Comments

  • ethank
    ethank Posts: 2,197 Forumite
    Holiday Haggler I've been Money Tipped!
    Brexit is having a weird impact on the housing market. Things are slowing down and therefore generally becoming a seller’s market. Lots of people are looking at prices from a year ago and thinking Ill get that.

    A valuation is an estimation. You should look at recent comparable sold prices for similar houses and price around that.
  • Smellyonion
    Smellyonion Posts: 258 Forumite
    100 Posts Second Anniversary
    Our property is selling in the 750 to 800K range. We could try and hang on for a similar price to what we previously had, but have dropped the price by 10K so that we can sell rather than keep the property hanging around. And if we got a good buyer we would take another 10K or possibly more off the price.

    2K is nothing in the context of the house prices the OP is talking about. However, if the 2K is crucial to them, then it matters.


    750/153 = 4.9 * 2k = 9.8k
    2k in the context of your property would be 9.8k. Is that insignificant?
  • OldMusicGuy
    OldMusicGuy Posts: 1,768 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    750/153 = 4.9 * 2k = 9.8k
    2k in the context of your property would be 9.8k. Is that insignificant?
    Absolutely. Neither here nor there when you're selling a 750 to 800K house and actually want to sell.
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