Misleading Estate agent - putting off buyers?

Crashy_Time

rexmedorum said:

Crashy_Time said:

rexmedorum said:

Crashy_Time said:

diggingdude said:

I think your difficulties could be that it's on a council estate which would always put many off and you are asking a lot more money than what you paid only 18 months ago. My issues for not buying would be

1) I'm not living on a council estate 
2) why do they think it's worth that. I know they only paid X amount 18 months ago. 
3) they are moving after 18 months.despite spending all that money.  Must be a troublesome council estate neighbour.

Not saying any of those are true or fair but realistic for some I reckon 

Good points, nobody really cares how much you spend on a refurb, they are looking at size and location mainly IMO.

While people don't care how much previous owners have spent they do absolutley care how nice kitchen & bathroom are though don't they?

Maybe, but they won`t pay massively over the odds for an ex-council house just because the bathroom and kitchen are presentable.

I meant more the other way: would certainly pay less of those were in a poor state.

Maybe, but I was challenging the assumption that some sellers have that if they spend 100k on a refurb they can add 150k to the price, I definitely think that is false in the present economic climate.