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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

Original poster

How long did it take for you to get a viewing on your £800-900k house in home county?

58 replies

Glado · 24/04/2024 13:48

Appreciate your input if this applies to you.

OP posts:
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boredybored · 24/04/2024 20:36

We have just moved into a big old house we paid £825k for .. it took a year and a half to sell .

Didimum · 24/04/2024 20:30

Not sold but bought … bought our house last year in a home county for £800k it was listed for a year and started at £925k, reduced regularly til £800k and we paid asking price. I can only assume they weren’t getting any bites at higher price, but when we viewed it at £800k there were multiple viewings happening.

FestivalFun · 24/04/2024 20:28

OP no holiday is 15 years, when you downsize treat yourself to a trip.

Perfect28 · 24/04/2024 20:24

You have no duty to help your children op, that's a luxury many can't afford and really you should be downsizing if all your children have grown up (3, lucky you, again something many can't afford). If you need to sell quickly you'll have to drop the price. If not then wait. Just because an estate agent says it's worth x remember it's only worth what someone will pay. If I were you I would be counting my blessings.

TheSnowyOwl · 24/04/2024 20:22

I think it must vary on the area. Here that price range would be snapped up and we have people posting on local sites to ask if anyone is thinking of selling to contact them, because houses are selling before they are even being marketed. It seems to be slowing down slightly for the £1.5mil+ properties although a few years ago they would go just as quickly. It’s madness.

Original poster
Glado · 24/04/2024 20:20

missmollygreen · 24/04/2024 20:18

But you trust a load of anon people on mumsnet who have no idea about your house or the market in your area?

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Well many posts on this thread have been illuminating. I don’t need to trust posters. Interested in their experiences.

OP posts:
Original poster
Glado · 24/04/2024 20:19

Perfect28 · 24/04/2024 17:28

If it's shot up in value then you've been incredibly lucky, drop the price and don't be greedy

I can’t afford to not be “greedy”. Have to buy a future proof home for mine and DH’s retirement which also accommodates ailing fil. Plus we have 3 kids starting their careers in a very expensive part of the country. No doubt we will have to help with deposits.

I haven’t had a holiday in 15 years. Why would I forfeit any value to the next buyers?

OP posts:
missmollygreen · 24/04/2024 20:18

Glado · 24/04/2024 13:57

On all sorts of anti anxiety meds - pregablin, venlaxafine etc.

Just hoping for input as I do not necessarily trust my estate agents.

Edited

But you trust a load of anon people on mumsnet who have no idea about your house or the market in your area?

Perfect28 · 24/04/2024 20:11

@DogsBehavingWrongly well she doesn't have to of course, but it'll take longer to sell, if at all. That's basic capitalism isn't it.

DogsBehavingWrongly · 24/04/2024 18:00

Perfect28 · 24/04/2024 17:28

If it's shot up in value then you've been incredibly lucky, drop the price and don't be greedy

Why should she??

notthatperson · 24/04/2024 17:57

notthatperson · 24/04/2024 17:49

Some people have houses worth 600K-800K. Get over it

That wasn't directed at op.

notthatperson · 24/04/2024 17:49

Some people have houses worth 600K-800K. Get over it

Starseeking · 24/04/2024 17:47

If you're brave enough to post the link, you will get proper advice from people who know the area and market idiosyncrasies.

allthemiddlechildrenoftheworld · 24/04/2024 17:32

@Glado why is there so much jealousy on here???? absolutely no need for it.

Perfect28 · 24/04/2024 17:28

If it's shot up in value then you've been incredibly lucky, drop the price and don't be greedy

stoptryingtomakefetchhappen · 24/04/2024 17:26

I’m in what is considered a wealthy part of the home counties, similar train journey time to you. Lots of houses in that bracket here, 3-4 bedrooms, mostly semi-detached. The detached houses are generally £1m+. The ones at the bottom end of this bracket (£800k or less) are selling a bit quicker but those £900k or more are taking ages to sell if at all. There were 4 in one street for sale near me and they all got reduced and then taken off after being on the market for months.
The fact is that the pool of buyers who can afford properties at these price levels is simply getting smaller and smaller - FTB are completely priced out and the ‘exodus’ from London during the pandemic has also slowed. Add to that the current financial situation and COL crisis, less people are able / want to commit to those levels.

Londonrach1 · 24/04/2024 16:57

Depends where you are op...good luck x

Blighty001 · 24/04/2024 16:55

IrritatedB3dM4ker · 24/04/2024 14:07

Op don't feel like you need to justify - some people are just envious and unpleasant without having any understanding of anything other than a house value. They're sad people.

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This!

maddiemookins16mum · 24/04/2024 16:05

Our very dear friends put their countryside home on the market at 825K last summer. Minimal viewings, now reduced to 750K. Still very few viewings.

Warrantedrab · 24/04/2024 15:39

I’d hold firm for now. Nothing is moving here at any price regardless of how good value it is. I’ve cut the price on mine and am now looking at putting the price back up. Estate agents saying nothing is moving until the election. I think if people are savvy and want a good deal they might make a move now but most are hanging tight

BigBadBarri · 24/04/2024 15:37

MN posters can be so bitchy honestlu

OP if name change and post the link, you’ll likely get some helpful hints

DogsBehavingWrongly · 24/04/2024 15:33

BreakfastAtMimis · 24/04/2024 13:52

My heart bleeds.

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are you always so jealous?

Original poster
Glado · 24/04/2024 15:33

LauderSyme · 24/04/2024 15:16

In many parts of London and the Home Counties this is the price of a very normal 3 or 4 bed house which may have been purchased decades ago for much less. It doesn't automatically mean that OP is loaded.

OP - Not me but someone close to me in this position had viewings booked the day the house went on the market. But theirs was built by a housebuilder whose properties became very desirable. Others without this selling point are struggling.

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Exactly our scenario. We bought in this area as this is where all of DH’s family are based. At the time of buying we were happy to get on the property ladder, but there was zero consideration regarding investments. We’re just lucky that house prices shot up.

We have very normal jobs - I am a childminder.

OP posts:
tamade · 24/04/2024 15:27

Pinkdelight3 · 24/04/2024 14:05

Better to post in Property, or you will get the YABU snark. It's not an AIBU issue but posting it here makes it so.

You get snark everywhere on here now

Sparklfairy · 24/04/2024 15:23

BreakfastAtMimis · 24/04/2024 13:52

My heart bleeds.

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I can't imagine carrying around that much resentment for total strangers. Must be tough for you Flowers