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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

House valuation!

33 replies

berryfull · 06/06/2023 08:28

I live in a three bedroom 1930’s ex council flat . There’s lots of identical flats on the street.

Originally these flats had very small kitchens, just a galley style with no room for eating . So when we bought ours we moved the kitchen through to one of the bedrooms. Which gives a big kitchen with room for a table to eat at. The original kitchen then became a third bedroom. Tis a small bedroom but not infeasible. My teenage son has it and he has a small double bed, desk and wardrobe in there.

a few other flats on the street have done the same conversion. Tisn’t a massive deal, just moving gas and electricity one room along. Easy to put back too should you want to. only cost us a few grand to do.

We’ve had the flat over a decade now and it needs a new kitchen and re decorating. but we’re wanting to move so haven’t done these things. It’s not awful, just needs a repaint and refreshed and the kitchen cupboard doors need repainting.

We got the flat valued recently and the estate agents have valued it as 30 grand less than other indentical flats in the street that still have the kitchen in the original room. They say it’s because it has a small third bedroom and needs redecorating!

will this really make 30 grand’s worth of difference?

OP posts:
berryfull · 06/06/2023 12:23

thanks for everyone's posts

OP posts:
ComtesseDeSpair · 06/06/2023 12:30

I think you’re underestimating quite how much clutter and poor decor does affect how people view a home. Agents know this. I’d have a through clear out, a good clean, repair anything damaged and freshen up the paintwork and then have two or three agents back in for a revaluation.

berryfull · 06/06/2023 14:13

I was intending to, but just amazed that an estate agent can’t see through cosmetic stuff!

OP posts:
diddl · 06/06/2023 14:47

AndIKnewYouMeantIt · 06/06/2023 11:08

I have a small kitchen and 3 double bedrooms. The dining table is in the lounge diner. Sometimes people aren't fussed about eating in the kitchen. Not £30k not-fussed though!

I agree.

If there's somewhere else to eat why the need to be able to eat in the kitchen as well?

Especially if it makes for a smaller bedroom!

Carrusa · 06/06/2023 15:00

Get several estimates, not just one, and follow the average of them not the highest.

Remember the one being marketed at £30k more may not sell for that. It may not even be a price the agent has given the seller, it may have been the seller's decision to set it that high. We have a neighbour who puts their house on the market for £100k more than it's worth annually. Agents take it on at the price clearly set by the vendors. Also sometimes agents inflate the price to get the business, and expect to drop it in a few weeks.

Generally I would expect an eat in kitchen to be worth substantially more than a bigger 3rd bedroom but things like kitchens, bathrooms, decor, even gardens needing work can affect the price a lot in some sectors of the market. In others (round here that's 3+ bedroom detached houses in very sought after school catchments) they make very little difference. I wouldn't analyse it too much, just get a range of quotes and take it from there.

berryfull · 06/06/2023 15:44

Feeding babies and toddlers in one room while cooking in another and then clearing up two rooms is no fun. Much prefer not having to eat in the lounge.

and the former kitchen as a bedroom is still big enough for a double bed, desk and wardrobe.

OP posts:
AndIKnewYouMeantIt · 06/06/2023 17:01

berryfull · 06/06/2023 15:44

Feeding babies and toddlers in one room while cooking in another and then clearing up two rooms is no fun. Much prefer not having to eat in the lounge.

and the former kitchen as a bedroom is still big enough for a double bed, desk and wardrobe.

Well, I prefer not having to stare at the dirty pans/veg peelings waiting to be cleaned up while I eat and I definitely prefer cooking for guests without them having to sit in the kitchen watching while I serve up. Everyone is different.

bilbodog · 07/06/2023 17:58

How long have you lived in this flat? How old is the central heating and have the electrics been tested recently? if none of those things have been modernised for over 10 years they may well have been done in the one that is asking more? Sometimes things that arent obvious from photograps may have been done?

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