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Original poster

On market for 10 days - viewers say house 'too small' - do we reduce price now??

67 replies

runningLou · 10/10/2013 13:31

We've had our house on the market since last Tues, and in that time had 4 viewings. 3 out of the 4 viewers have said the house is too small. It's a standard 3 bed terrace with kitchen extension, garden and garage. Same as most houses in the area. EA says 'too small' is code for they're expecting more for their money. I've had an exchange of e-mails with him this morning re: price reduction (5k).
Do we do it now or is it too soon?? I know I'm an impatient person!! We don't have a deadline to move other than by next Easter, but I know I'll get more stressed as time goes on, as well as the annoyance of having to keep the house 'viewing-ready' for months!!

OP posts:
Original poster
runningLou · 13/10/2013 22:38

Decluttering done - toy storage has disappeared and we redone fireplace and added a mirror above (thank you to whoever suggested that!). Have e-mailed EA with some pics to see if he wants to change the ones on our listing.
Also added to my profile if anyone wants to compare!!

OP posts:
FriedSprout · 13/10/2013 22:43

WOW - that looks so good, really good job on the fireplace - hope it sells soon Smile

ivykaty44 · 13/10/2013 23:00

It is a lovely house, very tidy and neutral colours.

www.rightmove.co.uk/property-for-sale/property-42936848.html same sort of house size - but smaller kitchen and they want 5k more
www.rightmove.co.uk/property-for-sale/property-27770763.html this one is on a main road yuk but 5k more and againn similar size rooms but smaller kitchen
www.rightmove.co.uk/property-for-sale/property-27518142.html?premiumA=true this on e is right on the dual carriage way and again very similar size rooms and they want 5k more - but yuk to living on a main dual carriage way

Pachacuti · 13/10/2013 23:35

That looks really good! Hope your hard work pays off.

MairzyDoats · 13/10/2013 23:41

I have to admit, the storage in the fireplace and dining room were the things I noticed, but now they look so much better! More streamlined and less cluttered. I am def going to come and ask MN opinion when we put our house on the market, it's a font of wisdom. Hope you get an offer soon.

breatheslowly · 13/10/2013 23:45

"It's too small" isn't some sort of code for "drop the house by £5k". If they wanted the house but for £5k less then they would have offered £5k less. Those buyers are just not interested in your house as it is too small for what they want.

Viviennemary · 13/10/2013 23:46

It's a bit too early to reduce it I think. But on the other hand an EA told me that most viewings come when the house first goes on the market. So if you got a reasonable offer it's definitely worth considering it. But the market is supposed to be on the move up but then that could affect the house you are buying. It's difficult.

Preciousbane · 13/10/2013 23:56

This reply has been deleted

Message withdrawn at poster's request.

CanadianJohn · 14/10/2013 04:18

Someone said "garage looks ripe for conversion"

Sorry to be an idiot, but conversion to what? It looks to me perfect as a garage, with room for storage and/or a work bench.

The house looks great, btw, I wish my house was so presentable.

HaveToWearHeels · 14/10/2013 09:46

OP, new photos look amazing, best of luck Grin

cavell · 14/10/2013 11:35

You have done a fantastic job with the fireplace and the dining room - it looks great. I will be really surprised if you don't manage to make a quick sale now.

Original poster
runningLou · 14/10/2013 13:26

Thanks everyone! DH thinks I am slightly mad to disrupt kids' lives by hiding all their toys in the loft, but I really hope I will be proved right if the house sells!
We have another viewing tomorrow afternoon, and then a second viewing on Thursday from a buyer who was round last week. She is looking for a buy-to-let investment so probably less bothered about spaciousness anyway.
Just waiting to hear back from EA about getting some new pics taken now ...

OP posts:
Bramshott · 14/10/2013 13:44

Remember that buyers have to say something to the EA because "nah I just didn't fancy it / it didn't click for me" is too vague. "It's a bit small" is an easy thing to say with little comeback.

ivykaty44 · 14/10/2013 13:59

runninglou - where are you wanting to move to?

Original poster
runningLou · 14/10/2013 14:04

South Manchester area hopefully - more expensive than where we are :(

OP posts:
AlertFox · 05/08/2024 13:03

Unfortunately these people are not living in the real world they have very high expectations which cannot be met.
they will shoot themselves in the foot only to get deflated and then finally accept that is all they can afford and the size is the size then they will return or they will buy another the same size as the penny will drop. Alas that is the way it is you have a budget and today older houses are normally bigger than new ones and if you want a really large newish house your gonna have to have a rather large pocket to pay for it.
depends on how badly you want a house I guess or pay high rent.

KievLoverTwo · 05/08/2024 13:28

AlertFox · 05/08/2024 13:03

Unfortunately these people are not living in the real world they have very high expectations which cannot be met.
they will shoot themselves in the foot only to get deflated and then finally accept that is all they can afford and the size is the size then they will return or they will buy another the same size as the penny will drop. Alas that is the way it is you have a budget and today older houses are normally bigger than new ones and if you want a really large newish house your gonna have to have a rather large pocket to pay for it.
depends on how badly you want a house I guess or pay high rent.

Why have you bumped an 11 year old thread?

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