A quick straw poll please.
By coincidence we have put our house on the market in the same week as our next door neighbour. I don't know their situation as it is a rental property and in the last 2 and a half years I have only seen the landlady once, but we have been planning on selling to move to a bigger property for about a year.
The thing that is bothering me is that the houses are on at very different prices. Both are 2 bedroom Victorian houses, ours is mid-terrace and next door is end terrace. Both have "cottage" gardens, though next door's is more or less totally taken up by a large shed/studio.
Granted next door has more period features than we do (they have several original fireplaces, we have 1 reproduction,but still working, fireplace).
We have put ours on for £172,500, next door is on at £215,000!
Our agent thinks next door is massively overpriced - the owner paid £220,000 just before the crash in 2008 so is probably trying to get her investment back - and that it will work in our favour.
I guess I want to be reassured that we have not underpriced our house - the two agents we had out to value it both said "around £170,000" so I cannot understand how next door can be priced so differently.
Next door
Our house
I know I am baised, but I think we have a better set of photos too If you look at the room dimensions, you can see that there is not a big difference between the two houses.
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Very Similar Properties; VERY different Prices!
CaveMum · 29/05/2011 08:37
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