Talk

Advanced search

How much to reduce house by

(27 Posts)
movingdilemma1234 Tue 03-Dec-19 14:14:15

My house is on the market for 395.000. It's not had much interest in the past couple of months and I do think it's overpriced slightly anyway.
I want to reduce it but unsure when is the best time and by how much.
I'm not in a huge rush to move but want to be a bit more pro active for the New Year.
Do you think the week before Christmas?
Would 380,000 be OK to reduce to?

wowfudge Wed 04-Dec-19 07:27:51

The lack of interest is an indicator it is over priced. Drop it a lower Rightmove band and see how it goes.

ThePug Wed 04-Dec-19 17:22:45

Ours was listed at £375 in the spring, had loads of viewings and accepted an offer of £355 eventually but it fell through. After summer we dropped it to 350 to get more viewings and are about to (I hope) exchange at 340. Dropping by only £15k and within same Rightmove bracket is unlikely to generate any more viewings I’d think so def go to 369950

Join the discussion

Registering is free, quick, and means you can join in the discussion, watch threads, get discounts, win prizes and lots more.

Get started »