What To Offer on a Renovated House

Ksw3

Unless they had added an extra bedroom or extended the house I think 325k might be a little high if others are selling for 250k.

masjntt1977

Thank you everyone - the renovations were finished just before lockdown started in 2020 it was put on the market for £310k but was taken off due to lockdown and present owner stayed put, he now wants to move to be nearer family and has a place to live so we are both chain free.

Obviously I haven’t yet had a survey and I would do - the garage has been converted into a room, new drive, landscaped back garden.
underfloor heating downstairs and bathroom, new kitchen, new bathroom full rewire ( according to agent)  new light fittings / socket, and new windows and blinds ( seller has a pack of work carried out, details of planning permission and receipts for new owners).

I think it will generate a lot of interest and although I’m in a strong position I don’t want to miss out by offering too low 

Doozergirl

masjntt1977 said:

Thank you everyone - the renovations were finished just before lockdown started in 2020 it was put on the market for £310k but was taken off due to lockdown and present owner stayed put, he now wants to move to be nearer family and has a place to live so we are both chain free.

Obviously I haven’t yet had a survey and I would do - the garage has been converted into a room, new drive, landscaped back garden.
underfloor heating downstairs and bathroom, new kitchen, new bathroom full rewire ( according to agent)  new light fittings / socket, and new windows and blinds ( seller has a pack of work carried out, details of planning permission and receipts for new owners).

I think it will generate a lot of interest and although I’m in a strong position I don’t want to miss out by offering too low 

That sounds positive. 

You didn't answer the question about the EPC rating though? It's particularly important if there's underfloor heating - you need good levels of insulation to retain the lower levels of heat produced.  

Doozergirl

RHemmings said:

Is there anyone other than me that would actually prefer a lived in family home in reasonable normal decorative nick, rather than a refurbished one with cheap but superficially laminated/shiny fittings and things? With low-quality chipboard inside the lamination? 

There are more than two houses on the market and neither of those things are mutually exclusive.  

masjntt1977

Doozergirl said:

masjntt1977 said:

Thank you everyone - the renovations were finished just before lockdown started in 2020 it was put on the market for £310k but was taken off due to lockdown and present owner stayed put, he now wants to move to be nearer family and has a place to live so we are both chain free.

Obviously I haven’t yet had a survey and I would do - the garage has been converted into a room, new drive, landscaped back garden.
underfloor heating downstairs and bathroom, new kitchen, new bathroom full rewire ( according to agent)  new light fittings / socket, and new windows and blinds ( seller has a pack of work carried out, details of planning permission and receipts for new owners).

I think it will generate a lot of interest and although I’m in a strong position I don’t want to miss out by offering too low 

That sounds positive. 

You didn't answer the question about the EPC rating though? It's particularly important if there's underfloor heating - you need good levels of insulation to retain the lower levels of heat produced.  

Good point thank you - the property is going live on Tues so I haven’t seen the brochure / details yet. Last epc was a rating D potential to be B but that was 2018 so before the renovations took place I believe - not sure if there will be another one done as I think they last for 10 years - I will ask the question 
Thank you 😊 

RHemmings

Doozergirl said:

RHemmings said:

Is there anyone other than me that would actually prefer a lived in family home in reasonable normal decorative nick, rather than a refurbished one with cheap but superficially laminated/shiny fittings and things? With low-quality chipboard inside the lamination? 

There are more than two houses on the market and neither of those things are mutually exclusive.  

Sorry, I don't understand your comment. Could you please clarify? 

Doozergirl

masjntt1977 said:

Doozergirl said:

masjntt1977 said:

Thank you everyone - the renovations were finished just before lockdown started in 2020 it was put on the market for £310k but was taken off due to lockdown and present owner stayed put, he now wants to move to be nearer family and has a place to live so we are both chain free.

Obviously I haven’t yet had a survey and I would do - the garage has been converted into a room, new drive, landscaped back garden.
underfloor heating downstairs and bathroom, new kitchen, new bathroom full rewire ( according to agent)  new light fittings / socket, and new windows and blinds ( seller has a pack of work carried out, details of planning permission and receipts for new owners).

I think it will generate a lot of interest and although I’m in a strong position I don’t want to miss out by offering too low 

That sounds positive. 

You didn't answer the question about the EPC rating though? It's particularly important if there's underfloor heating - you need good levels of insulation to retain the lower levels of heat produced.  

Good point thank you - the property is going live on Tues so I haven’t seen the brochure / details yet. Last epc was a rating D potential to be B but that was 2018 so before the renovations took place I believe - not sure if there will be another one done as I think they last for 10 years - I will ask the question 
Thank you 😊 

If it's been renovated properly then they will want to show off the improvements to its energy efficiency in that EPC.  

Improving insulation etc is a key sign of a renovation done with attention to the genuinely important things, not just the shiny ones. 

Doozergirl

RHemmings said:

Doozergirl said:

RHemmings said:

Is there anyone other than me that would actually prefer a lived in family home in reasonable normal decorative nick, rather than a refurbished one with cheap but superficially laminated/shiny fittings and things? With low-quality chipboard inside the lamination? 

There are more than two houses on the market and neither of those things are mutually exclusive.  

Sorry, I don't understand your comment. Could you please clarify? 

Yes.  Regular family homes often contain shiny, low quality fittings.   Renovations can also be carried out with huge attention to detail.   

You don't have to choose between two houses.  

RHemmings

Doozergirl said:

Yes.  Regular family homes often contain shiny, low quality fittings.   Renovations can also be carried out with huge attention to detail.   

You don't have to choose between two houses.  

Oh, I see. I didn't mean to imply that there are only two types of houses available. My question was just whether there are other people who would prefer a house of type A to a house of type B. With no intended implication that there aren't other possible house types out there or that house type is a crisp (versus fuzzy) concept. 

Sort of like asking are there people who prefer couscous to rice, without implying that there aren't other foods. 

masjntt1977

Thank you everyone I will probe more regarding the work done and epc etc - any suggestions on a starting figure if everything appears to be positive?