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Is this house appropriately priced?

2

Comments

  • opteron
    opteron Posts: 21 Forumite
    10 Posts First Anniversary
    I prefer the second one.

    In my opinion, the internal fittings and decorations of the second one are in a better condition and their style matches my personal taste much better.

    If I were to buy the second one I can move in without renovation. But for the first one I will need to refurbish the bathrooms and completely change the colour scheme of bedrooms and the kitchen. The cost of refurbishment outweighs the benefit of having a conservatory.

    Given the fact that second one sold at 171,500 last year, if I were to table an offer for the first one it would be 171,500 - refurbishment cost.
  • Silvertabby
    Silvertabby Posts: 10,615 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Photogenic
    Another agreement with Davesnave. That conservatory looks like a flat pack bodge-it-yourself job, and so reduces the value of the house.
  • Ms_Chocaholic
    Ms_Chocaholic Posts: 13,366 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Wait for it to sell and you'll then know.
    Thrifty Till 50 Then Spend Till the End
    You can please some of the people some of the time, all of the people some of the time, some of the people all of the time but you can never please all of the people all of the time
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Help1234 wrote: »
    I just want subjective opinions if anyone is willing to give one.
    Many thanks

    Might be worth 150k IMO, could still lose value depending on Brexit/Corbyn/China etc.
  • seven-day-weekend
    seven-day-weekend Posts: 36,755 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    The cheapo conservatory will not add value.
    (AKA HRH_MUngo)
    Member #10 of £2 savers club
    Imagine someone holding forth on biology whose only knowledge of the subject is the Book of British Birds, and you have a rough idea of what it feels like to read Richard Dawkins on theology: Terry Eagleton
  • phoebe1989seb
    phoebe1989seb Posts: 4,452 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    I also agree that the cheap looking conservatory doesn't add value/improve the property.

    The second house is far better, imho.
    Mortgage-free for fourteen years!

    Over £40,000 mis-sold PPI reclaimed
  • Hectors_House
    Hectors_House Posts: 596 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Hard to tell.

    The difference in price could be explained by the years difference and the fact it has an extra room effectively.

    Personally, I think the one that sold back in 2018 looked like more money had been spent on the interior - it’s the one I would choose out of the two (a decent conservatory can be added later).
  • Blackpool_Saver
    Blackpool_Saver Posts: 6,599 Forumite
    Both look gloomy and dark with grotty kitchens
    Blackpool_Saver is female, and does not live in Blackpool

  • bigisi
    bigisi Posts: 925 Forumite
    Blackpool_Saver wrote: »
    Both look gloomy and dark with grotty kitchens

    So nice of you to wait a whole month before commenting. I'm sure the OP values your input.
  • Blackpool_Saver
    Blackpool_Saver Posts: 6,599 Forumite
    bigisi wrote: »
    So nice of you to wait a whole month before commenting. I'm sure the OP values your input.

    Not all of us can be browsing the internet every day you know, some of us have other things to do.
    If I choose to catch up and post replies to posts I am free to do so.
    Also, did the OP instruct you as their agent to follow up replies? :rotfl:
    Blackpool_Saver is female, and does not live in Blackpool

This discussion has been closed.
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