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  • FIRST POST
    • frannyj543
    • By frannyj543 8th Mar 18, 10:57 PM
    • 177Posts
    • 109Thanks
    frannyj543
    Should these 2 houses be similarly priced.
    • #1
    • 8th Mar 18, 10:57 PM
    Should these 2 houses be similarly priced. 8th Mar 18 at 10:57 PM
    Hey folks,

    I'm looking at properties in my home town in northern Ireland. Both houses are in a similar area (about 2km between the two). Both are similarly aged. Both have all the same amenities. However one is a town house and one a semi detached with a garage.

    Obviously all depends on what the owner is looking for and various other circumstance but am I right thinking the 2nd house is better value for money?

    I'm quite new to this all but can't understand why both are the same I would have expected the 1st house being 100k most.

    Are townhouses as desirable as semis in most areas? When looking in seeing little difference in my area. A new townhouse is marginally cheaper than a new semi with garage. Below are 2 houses in question.

    www.propertypal.com/26-sandringham-portadown/498967

    www.propertypal.com/9-hawthorn-hill-portadown/507357
Page 1
    • shortcrust
    • By shortcrust 8th Mar 18, 11:43 PM
    • 1,905 Posts
    • 2,799 Thanks
    shortcrust
    • #2
    • 8th Mar 18, 11:43 PM
    • #2
    • 8th Mar 18, 11:43 PM
    No one can really say unless they know the place well. I can easily picture the first one being somewhere awful and the second one being in quite a nice area. 500 metres can make a big difference to value. I also really really dislike the first one!
    • frannyj543
    • By frannyj543 8th Mar 18, 11:48 PM
    • 177 Posts
    • 109 Thanks
    frannyj543
    • #3
    • 8th Mar 18, 11:48 PM
    • #3
    • 8th Mar 18, 11:48 PM
    You dislike the semi? I've talked about first one but it's actually second link.

    I am from the area so I know both areas well and they are both good areas in regards to houses at affordable prices.

    Just for me the semi seems much better value for money. I can't see any reason based on location why one would be higher than another if houses were exactly the same.
    • shortcrust
    • By shortcrust 9th Mar 18, 12:19 AM
    • 1,905 Posts
    • 2,799 Thanks
    shortcrust
    • #4
    • 9th Mar 18, 12:19 AM
    • #4
    • 9th Mar 18, 12:19 AM
    Yes it's the semi I don't like. Really not my cup of tea. It's not as big as the photos make it look. The rooms are actually quite a bit smaller than the terrace apart from the smallest bedroom.

    Maybe the terrace should be cheaper. They're only the asking prices after all. Have a look to see what nearby houses actually sold for. I don't know how you find that out in Northern Ireland but hopefully someone will.
    • Silvertabby
    • By Silvertabby 9th Mar 18, 10:43 AM
    • 2,745 Posts
    • 3,927 Thanks
    Silvertabby
    • #5
    • 9th Mar 18, 10:43 AM
    • #5
    • 9th Mar 18, 10:43 AM
    The first house looks like it's at least been re-decorated throughout.

    If it's now being sold by a property developer that could explain the premium price.
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