Should I Stay Or Should I Go??

Doozergirl

Yes, GDB222 and IanW are right. I made an immediate assumption (which I tell others off for doing!) that the house had not already been added to and you were only adding a relatively small proportion of the total size of the property.

Making you house too different from the others in the street can definately cause problems when selling. Asking an agent if the extention you're thinking of is appropriate would be a good idea.

[Deleted User]

Another advantage to extending at the moment is Council Tax.

Move to a bigger house = pay more council tax.

Extend your existing one = the government have just shelved revaluing properties until after the next election!

Sean75

We have found a house that we like in the same town.On the market for £159950.It is a 3 bedroomed semi detatched with potential to build a garage on the side(any idea of costs?).If we decide on this house schooling would not be an issue as our son could stay at his present school.Council Tax would jump up to the next band meaning a difference of £130 a year which isn't too bad.The house has been on the market for about 2 months now so if we do make an offer on it what do people suggest we start at? We would probably price ours to sell at £120k as there is a big demand for starter homes in our area.

Thanks to everyone who has replied to my original post your help is greatly appreciated and we have taken everything on board.

Sean75

Further to the above forum message i have found out some more info on the 3 bed semi detached that we like.

After looking at the estate agents details it seems that the house is owned by a member of staff @ the EA's.So therefore if i put my property on the market with them and tell them that i am very interested in the 3 bed(that is owned by a member of staff) would i be in a good position?? ie more effort put into selling my so i can buy the other.

kiwichick

Hiya,

Hmmm, might be difficult to wrangle a lower price being that the house is owned by someone at the EA? Why not try logging on to

http://www.nethouseprices.com/component/uk/

if you put in the post code it will tell you what houses in the area have sold, when they sold and how much for. All very useful when considering how much to offer. We did that with our recent offer and ended up saving 8500 on asking price by quoting figures there :j

Hope this is of use, good luck.

Al.

Sean75

Many thanks Al.

Will try that site out.In the meantime i know that the house has been on the market since 15/07/05 (as i keep the old property ads-saddo).It started out at 162k and then dropped to its current price about 2 weeks later(lack of viewings maybe).I could probably offer 155k max if mine sold at 120k(although its probably worth 125k),but there are a lot of ftb in my area so this price would appeal to them.My way of thinking is they may push to sell mine a bit harder if they knew i was VERY interested in theirs?

Sean75

The 3-Bed we like is still on the market and it has now been reduced to 155k so i think i will go and have a look at the property this week.I have spoken to the manager of the ea and he has been to see our place.He thinks we could market ours for 125k with a view to selling for 120k(obviously attracting FTB's).

[Deleted User]

It is definitely worth keeping old property ads if think you might be moving in the future .

Although I have moved - for some saddo reason I still look thru the property pages - mainly I suppose to see if other houses in my old neighbourhood which were up for sale - have now sold. (They haven't).

Whilst I was househunting to find the place I'm now in - I got to know which properties had been on the market for some time etc...

It can also help you get used to the prices in the area in which you are looking - hence you'll be able to spot a fair price a lot easier.

Sean75 - if I were you'd Id still stay and do the extension....