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  • ReadySteadyPop
    ReadySteadyPop Posts: 1,996 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    Tiglet2 said:
    We've been tentatively looking at bungalows for a few years now and have seen some of them sell really quickly. 

    I think bungalows remain very popular - retirees who want to live on one level, is freehold and has its own outside space and younger people who see the larger footprint on the ground as a potential larger home with an upstairs conversion.  I think if your bungalow appeals to either of these typical buyers, it will sell.  It may be better to market it after Christmas though.

    The ones that don't sell quickly are often those that might have difficulties for the elderly, i.e. a bungalow built on a steep slope, so there are steps up to the front door etc. or a huge garden which would be too much to care for and difficulties for the younger demographic where it would impossible to extend/convert the upstairs for growing families.




    I think the problem is that retirees can`t just pop their house on the market and get the price they want anymore, that is why bungalows are not selling.
    Round my way, on the South Coast, they sell in days if they're properly priced.
    It's full of retirees.

    We're not retired, but we're on our second bungalow. This one is a chalet bungalow, but the upstairs is a spare room, so barely used.
    Days? That is stunning considering the lack of demand for some other property types, wow.

    https://thenegotiator.co.uk/news/land-new-homes/new-build-property-sales-drop-to-lowest-in-over-15-years/
  • Tiglet2 said:
    We've been tentatively looking at bungalows for a few years now and have seen some of them sell really quickly. 

    I think bungalows remain very popular - retirees who want to live on one level, is freehold and has its own outside space and younger people who see the larger footprint on the ground as a potential larger home with an upstairs conversion.  I think if your bungalow appeals to either of these typical buyers, it will sell.  It may be better to market it after Christmas though.

    The ones that don't sell quickly are often those that might have difficulties for the elderly, i.e. a bungalow built on a steep slope, so there are steps up to the front door etc. or a huge garden which would be too much to care for and difficulties for the younger demographic where it would impossible to extend/convert the upstairs for growing families.




    I think the problem is that retirees can`t just pop their house on the market and get the price they want anymore, that is why bungalows are not selling.
    Round my way, on the South Coast, they sell in days if they're properly priced.
    It's full of retirees.

    We're not retired, but we're on our second bungalow. This one is a chalet bungalow, but the upstairs is a spare room, so barely used.
    Days? That is stunning considering the lack of demand for some other property types, wow.

    https://thenegotiator.co.uk/news/land-new-homes/new-build-property-sales-drop-to-lowest-in-over-15-years/
    That's talking about new builds though.
    We don't have any new build estates.

    Most of the large village I live in was built in the 1950s and 60s. And not a cat in hell's chance of getting any new builds where I live.
  • ReadySteadyPop
    ReadySteadyPop Posts: 1,996 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    Tiglet2 said:
    We've been tentatively looking at bungalows for a few years now and have seen some of them sell really quickly. 

    I think bungalows remain very popular - retirees who want to live on one level, is freehold and has its own outside space and younger people who see the larger footprint on the ground as a potential larger home with an upstairs conversion.  I think if your bungalow appeals to either of these typical buyers, it will sell.  It may be better to market it after Christmas though.

    The ones that don't sell quickly are often those that might have difficulties for the elderly, i.e. a bungalow built on a steep slope, so there are steps up to the front door etc. or a huge garden which would be too much to care for and difficulties for the younger demographic where it would impossible to extend/convert the upstairs for growing families.




    I think the problem is that retirees can`t just pop their house on the market and get the price they want anymore, that is why bungalows are not selling.
    Round my way, on the South Coast, they sell in days if they're properly priced.
    It's full of retirees.

    We're not retired, but we're on our second bungalow. This one is a chalet bungalow, but the upstairs is a spare room, so barely used.
    Days? That is stunning considering the lack of demand for some other property types, wow.

    https://thenegotiator.co.uk/news/land-new-homes/new-build-property-sales-drop-to-lowest-in-over-15-years/
    That's talking about new builds though.
    We don't have any new build estates.

    Most of the large village I live in was built in the 1950s and 60s. And not a cat in hell's chance of getting any new builds where I live.
    Yes, as I said "other property types", I guess if you are trying to sell a new-build to buy a bungalow in a village somewhere things could get tricky?
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