If you would accept min 250k for your house, what would you list it for?

[NotAnotherNewNappy]

DH and I have spent so long dreaming about buying a house, we have narrowed down the area where we can just about afford want to live to just a few streets (about a mile square).

Now we are finally in a position to buy, the market has dried up and there are barely any properties coming onto the market. In desperation, I keep upping the max price on my Rightmove search to find more houses. So, if, at a push, you would accept min 250k for your house (from a FTB with finances all sorted) then how much would you list it for?

TIA

I'd be looking upto 280/290k on Rightmove, I think

250 is a difficult price to get over because of the jump in stamp duty. That means people who want a bit more for their house struggle to sell... until they get desperate and finally accept an offer of 250. Look for anything up to 280 or 290 that has been on the market for a while. When you offer, stress how good an option you are, that you're ready to move with all your finances sorted out.

A friend of mine first listed at 300, they reduced it to 280 but sold it for 250. They needed to move and had found something to buy and a ftb came along.

It's a tricky one and I think it depends on the area. I watch all these property programmes and I'm always surprised when Kirstie goes in offering £30k below the asking price and it Is accepted. Round here I notice that properties end up going for just under the asking price. We had our house valued last year all 3 agents valued it at £265k and they all advised putting it on at £269. I thought that you were supposed to put it on for higher and negotiate but the estate agents were quite dismissive of that idea as in their words people don't play games anymore. They also said they wouldn't bother notifying us of any offers below £265k because that was the price we wanted for it. As it turned out we didn't put it on the market anyway.

We have just bought a house for 250k that was originally advertised for £282,500k and after 6 months reduced to offers over £265k - it was on for a total of 10 months

The house opposite ours was originally up for £265k last November, finally sold for £225k in July. It's a nice area, good schools, the house was in good condition and was empty as it had previously been let (to an elderly and very lovely couple who kept it immaculate).

Our house was up 2.5 years ago for £255k and we paid £237k for it (although it is bigger than the one opposite as has a loft conversion so 2 extra bedrooms - but was in poor decorative order).

Agree that anything upto £300k probably. I would anticipate that any sellers asking between £250-£280k expect, unless the house is exceptional, that they're not going to sell it for more than £250k. Buyers just won't take the hit for stamp duty. I completely disagree with the advice about putting it on for £265k fully expecting it to go for £265k. People don't play games anymore?! Rubbish!! In this market, no-one in their right mind is paying the asking price at £265k and paying the best part of £9k in stamp duty.

NotAnotherNewNappy - Have any houses similar/the same as yours sold recently nearby?

Wy dont you ask for offers over £250,000?

Oh I see you aren't listing a house you are looking for a house.

It would be so much easier if estate agents listed houses only at their true worth. All this seller-inflated nonsense is ridiculous.

Thanks everyone. If I manage to bag a 300k house for 250k I'll let you know