To reduce or not?

[Katurah]

Our 3 bed end of terrace has been on the market for 6 weeks. 20 viewings, no offers. Feedback is that the house is immaculate, stunning, beautiful but the garden is too small and so is the third bedroom - same as most terraced houses where we live. It was valued by the agents, we chose the agent we felt happiest with who suggested a lower price than the other two to get more interest.

They now want to change the listing to a guide price of £220-230 to remarket and attract new viewers. We're feeling a bit unsure (and our pride is hurt that no one wants our lovely house!) Not sure wether to try and see what offers we get or whether to take it off and remarket in the summer. Similar but bigger houses have sold in the area that weren't is as good condition but were similarly priced🤔

Any advice? Never sold before so not sure what to do!

if it hasn't sold by easter

Do you really mean not sold, or 'no offers underway'. Lots of people start looking at Easter, and Easter is pretty early this year, so this seems like quite a harsh plan. Id suggest letting a new, reduced price run to the end of April

End of April is the plan.

The Sheffield postcodes of S8,S7 and S11 have many 3 bed terraces up for sale for £200-300. Quite normal in our area.

Those parts of Sheffield are expensive. Up near Penistone you could get a 3 or 4 bed detached for that kind of money.