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  • Ath_Wat
    Ath_Wat Posts: 1,504 Forumite
    1,000 Posts Name Dropper
    Ath_Wat said:
    Given what you’ve said, and the pictures etc, I’d say it’s simply just overpriced.  If you’re not getting offers, then the price isn’t correct. 
    Unfortunately, I think you now have a buyers market.
    Unfortunately true I think, people will continue to say "change this, do that, drop this photo" etc. but that isn`t going to change anything about size, location, price and local amenities, which are the main things people look at.

    Yes partly agree I've driven myself crazy at times wondering what's putting people off. Maybe people clock up the things that look shabby, tired, unkempt and mentally devalue the house.  They see £5k for a new kitchen I see £500 for new doors and oven.  They see £3k for gardener landscape, I see a few days graft and £100 for a skip bag and lawn seed.  I don't know maybe I'm wishful thinking.

    A friend of mine went to look at house in June sounded bad, sunsafe tape over the gas boiler and really trashy sounding.  She told EA she wouldn't be making an offer and they told her an offer over asking price already made.  But that was June things look to be changing.


    If they can get one with a new kitchen for £500 more than yours, why would anyone buy yours? How much do you think you have priced the house below one in top condition? 
    They might buy it because they like the house better, or where it is situated, or if it faces the sun etc etc. many reasons.
    Yeah - if it was a completely different house in a  completely different location. That's not really the point, as in that case all those factors are also affecting the price.  The comparison is to a theoretical similar house which has been updated, and how much the OP thinks they have differentiated their asking price from such a house, and whether their idea of the difference is realistic.
  • Ath_Wat
    Ath_Wat Posts: 1,504 Forumite
    1,000 Posts Name Dropper
    In contrast, I think the house is probably overpriced even for something in top condition. The last similar sale of a much better presented house was in December for £105k and even a quick Google for the road name suggests that it's overpriced.

    This may well be true, but I am actually interested to know how much the OP thinks they have lowered the price by to take account of the obvious shortcomings.  
    House prices have gone up a lot since the £105 property was sold - I got my valuation from that and Nationwide house prices.  Also double checked against a similar property sold more recently but bigger minus floor space.  I got a valuation of £113700 - 14000.  Yes it's on higher as I figured I would get haggled down and it was a buyers market with rising prices and people paying over market when I originally put it on.  Admit that's not the case now. 

    I never expected to get £120k but in the range of £110 £115.  I had a crazy valuation from estate agents originally, one saying I could get £130k if a bidding war started.  Silly me believed them.  Hands up made a lot of mistakes in the beginning but I was rushing to get the house to market. 

    I think my best bet is to return to market in April next year and spend that time getting the house looking better. 

    Did you go back to the 100K offer and ask for 110?  You put it up for 10K over the minimum you wanted, why be surprised if they've offered 10K under the maximum they want to pay?

  • Ath_Wat said:

    Did you go back to the 100K offer and ask for 110?  You put it up for 10K over the minimum you wanted, why be surprised if they've offered 10K under the maximum they want to pay?

    I'm not surprised

  • I have friends not to far from you and have been told that there’s a lot of new developments proposed around Ravensthorpe and Thornhill Lees.

    Dewsbury Riverside?

    Had a very quick look at the development plan and it would appear that it’s possible that the open land at the back will be swallowed up over the next few years.Do you know if this is the case?


    I don't know to be honest, they are building but whether it will be on the field at the back of my property hard to say.  I do tell buyers this.  We've had nothing official.
  • RAS
    RAS Posts: 36,164 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    The house is not so much a bit dated, as looks unloved and uncared for. You are asking people to fall in love with somewhere you don't even look after.

    Sort out the edging and the missing kick boards in the kitchen, clear away all cloths. cleaning kit, kitchen gadgets. Paint those beams. Identify a couple of decent bright coloured towels and find bottles of shower gel in the same colour range etc. Keep them for pictures and viewings.

    Add a bit of kerb appeal. Borrow or buy a strimmer and get the grass cut back. Keep it longish (3-5 cm) over winter but even, and remove the grass. 

    Then head to Wilko or even a supermarket and get some spring bulbs now and some pots or find tubs. Tete a tete mini daffs flower in March, proper ones later. Underplant with crocus and muscari to extend the display.  I think you've got a rose bush by the front door? Dig over the ground around it, and nearer the door. A little bed 30x40cm would take all of those and 5 tulips to make it look good in May. A tenner will buy 5-7 packs and you need about 5 large bulbs and 10 small ones to make an impact on a pot. And prune the rose back to 50cm in spring.

    You appear to have a gravelly bit on one side at the back where the level changes? One pot on there and add a mass of bulbs to that grey bucket with the grass in it.  

    Not expensive and you may even enjoy the plants.
    If you've have not made a mistake, you've made nothing
  • Thanks RAS - I've neglected cosmetics, just busy life that's all but I've kept up to repairs and maintenance. 

    I think the garden could look really lovely and those are great tips for someone who isn't a gardener - thanks and noted in my "do up house" notepad.  :-:smile:
  • Ath_Wat
    Ath_Wat Posts: 1,504 Forumite
    1,000 Posts Name Dropper
    edited 30 August 2022 at 8:41PM
    Ath_Wat said:

    Did you go back to the 100K offer and ask for 110?  You put it up for 10K over the minimum you wanted, why be surprised if they've offered 10K under the maximum they want to pay?

    I'm not surprised

    So did you go back?  If you meet in the middle with that one, you are at the price point you wanted.
  • Sarah1Mitty2
    Sarah1Mitty2 Posts: 1,838 Forumite
    1,000 Posts First Anniversary Name Dropper
    Ath_Wat said:
    Ath_Wat said:
    Given what you’ve said, and the pictures etc, I’d say it’s simply just overpriced.  If you’re not getting offers, then the price isn’t correct. 
    Unfortunately, I think you now have a buyers market.
    Unfortunately true I think, people will continue to say "change this, do that, drop this photo" etc. but that isn`t going to change anything about size, location, price and local amenities, which are the main things people look at.

    Yes partly agree I've driven myself crazy at times wondering what's putting people off. Maybe people clock up the things that look shabby, tired, unkempt and mentally devalue the house.  They see £5k for a new kitchen I see £500 for new doors and oven.  They see £3k for gardener landscape, I see a few days graft and £100 for a skip bag and lawn seed.  I don't know maybe I'm wishful thinking.

    A friend of mine went to look at house in June sounded bad, sunsafe tape over the gas boiler and really trashy sounding.  She told EA she wouldn't be making an offer and they told her an offer over asking price already made.  But that was June things look to be changing.


    If they can get one with a new kitchen for £500 more than yours, why would anyone buy yours? How much do you think you have priced the house below one in top condition? 
    They might buy it because they like the house better, or where it is situated, or if it faces the sun etc etc. many reasons.
    Yeah - if it was a completely different house in a  completely different location. That's not really the point, as in that case all those factors are also affecting the price.  The comparison is to a theoretical similar house which has been updated, and how much the OP thinks they have differentiated their asking price from such a house, and whether their idea of the difference is realistic.
    People are not going to find a house in a theoretical world though are they? The question was why would they buy the original house if they could get one with a new kitchen for about the same price - the answer is that they like the original house better!
  • Ath_Wat
    Ath_Wat Posts: 1,504 Forumite
    1,000 Posts Name Dropper
    Ath_Wat said:
    Ath_Wat said:
    Given what you’ve said, and the pictures etc, I’d say it’s simply just overpriced.  If you’re not getting offers, then the price isn’t correct. 
    Unfortunately, I think you now have a buyers market.
    Unfortunately true I think, people will continue to say "change this, do that, drop this photo" etc. but that isn`t going to change anything about size, location, price and local amenities, which are the main things people look at.

    Yes partly agree I've driven myself crazy at times wondering what's putting people off. Maybe people clock up the things that look shabby, tired, unkempt and mentally devalue the house.  They see £5k for a new kitchen I see £500 for new doors and oven.  They see £3k for gardener landscape, I see a few days graft and £100 for a skip bag and lawn seed.  I don't know maybe I'm wishful thinking.

    A friend of mine went to look at house in June sounded bad, sunsafe tape over the gas boiler and really trashy sounding.  She told EA she wouldn't be making an offer and they told her an offer over asking price already made.  But that was June things look to be changing.


    If they can get one with a new kitchen for £500 more than yours, why would anyone buy yours? How much do you think you have priced the house below one in top condition? 
    They might buy it because they like the house better, or where it is situated, or if it faces the sun etc etc. many reasons.
    Yeah - if it was a completely different house in a  completely different location. That's not really the point, as in that case all those factors are also affecting the price.  The comparison is to a theoretical similar house which has been updated, and how much the OP thinks they have differentiated their asking price from such a house, and whether their idea of the difference is realistic.
    People are not going to find a house in a theoretical world though are they? The question was why would they buy the original house if they could get one with a new kitchen for about the same price - the answer is that they like the original house better!
    Sigh.  Of course they might prefer it to a different house.  But the kitchen needing updating detracts from the value of the house, along with all sorts of other factors.  if the pricing does not take this into account, you have overpriced it, and they will buy a different one. I really don't know how better to explain this to you.  
  • Sarah1Mitty2
    Sarah1Mitty2 Posts: 1,838 Forumite
    1,000 Posts First Anniversary Name Dropper
    Ath_Wat said:
    Ath_Wat said:
    Ath_Wat said:
    Given what you’ve said, and the pictures etc, I’d say it’s simply just overpriced.  If you’re not getting offers, then the price isn’t correct. 
    Unfortunately, I think you now have a buyers market.
    Unfortunately true I think, people will continue to say "change this, do that, drop this photo" etc. but that isn`t going to change anything about size, location, price and local amenities, which are the main things people look at.

    Yes partly agree I've driven myself crazy at times wondering what's putting people off. Maybe people clock up the things that look shabby, tired, unkempt and mentally devalue the house.  They see £5k for a new kitchen I see £500 for new doors and oven.  They see £3k for gardener landscape, I see a few days graft and £100 for a skip bag and lawn seed.  I don't know maybe I'm wishful thinking.

    A friend of mine went to look at house in June sounded bad, sunsafe tape over the gas boiler and really trashy sounding.  She told EA she wouldn't be making an offer and they told her an offer over asking price already made.  But that was June things look to be changing.


    If they can get one with a new kitchen for £500 more than yours, why would anyone buy yours? How much do you think you have priced the house below one in top condition? 
    They might buy it because they like the house better, or where it is situated, or if it faces the sun etc etc. many reasons.
    Yeah - if it was a completely different house in a  completely different location. That's not really the point, as in that case all those factors are also affecting the price.  The comparison is to a theoretical similar house which has been updated, and how much the OP thinks they have differentiated their asking price from such a house, and whether their idea of the difference is realistic.
    People are not going to find a house in a theoretical world though are they? The question was why would they buy the original house if they could get one with a new kitchen for about the same price - the answer is that they like the original house better!
    Sigh.  Of course they might prefer it to a different house.  But the kitchen needing updating detracts from the value of the house, along with all sorts of other factors.  if the pricing does not take this into account, you have overpriced it, and they will buy a different one. I really don't know how better to explain this to you.  
    No, you have no idea what "they" will do, all buyers are different, some people fall in love with a particular house some don`t, many people would try to get the price of the renovation discounted some might just buy it at the price and pay for the work themselves. Try thinking real world not theoretical and you might see things differently. 
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