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Thoughts on our property price?

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Comments

  • Defo dont reduce yet 
    sometimes “reduced” says no one wants it etc 
    I would however never have “offers over” if I was happy with £195-£200k 

  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Densol said:
    Defo dont reduce yet 
    sometimes “reduced” says no one wants it etc 
    I would however never have “offers over” if I was happy with £195-£200k 

    You don`t have to trumpet that it is reduced, viewers with PropertyLog will see it, but to most people it is just another house that may or may not fit their price/location/size requirements.
  • JGB1955
    JGB1955 Posts: 3,902 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    edited 28 July 2020 at 3:34PM
    I'm amused by the fact that 'Bedroom 1' on the photos is actually a bunk bed room.... I would assume it would be the main bedroom or 'Master Bedroom' as some label it.... just saying!
    Oh - as to reducing the price.  You've said you're not in a hurry, so I would wait a couple of months before thinking of reducing.
    #2 Saving for Christmas 2024 - £1 a day challenge. £325 of £366
  • gwynlas
    gwynlas Posts: 2,381 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Certainly it is too early to reduce it you need to wait at least six weeks. i would expect first offer to be around £190K as everybody wants something off. On a personal note I would be looking for at least a downstairs cloakroom in a family house and several on the estate agents listinng have them/
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Reducing now might snag you a buyer before the economic/health news gets worse, waiting just leaves you chasing the market down.
  • jimbog
    jimbog Posts: 2,283 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Too early as yet to reduce the price - nice place though!
    Gather ye rosebuds while ye may
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    What did the last similar house on the street sell for?
  • Mrh1019
    Mrh1019 Posts: 131 Forumite
    Fourth Anniversary 10 Posts Name Dropper
    Sorry just seen all these replies! We actually accepted an offer yesterday very close to the asking price so very pleased. Re the ‘bunk bed room’ lol we have our boys in the master as they need more space than us!  Now on to try and find something to buy 😳
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