How cheeky can you be with an offer

[ComeBackBarack]

Seen a lovely house. Beautiful and in a v nice area. But it’s a 3 bed with tiny box room as a 4th. Priced at £675k. Other 4 beds with 4 good sized rooms are going for under £600k. It was on 2 years ago for £550k but they didn’t sell and did big downstairs extension instead.

. It’s only been on a fortnight but had loads of viewings and estate agent said many had been families who’d loved the downstairs but been disappointed with the upstairs space.

Would it be just way too cheeky to offer £600k ...or wait to see if it gets reduced? We want downstairs space but aren’t fussed about 4 proper bedrooms.

You can offer what you like, just like they can say no and hold out for a better offer and not enter into negotiations over the 600k

Just offer, the worst they can say is no! Let them hold that on the table, they may come back to you in a couple of weeks when they realise it may be overpriced. Nothing to loose. Even better if your in a good position to move.

You could give it a try. Or get a 3 bed for 500k and build an extension yourself.

They'll want to recoup their extension investment, so I'd add an estimate of what they might've cost to the original £550k price then offer that. So maybe £615?

The only risk with offering too low as that they might think your a chancer. But then again, they might just suggest a counter-offer and then you'll know if it's in your budget.

Do you have to sell your house to buy this? Are you in the market/under offer? That would affect how seriously I'd take someone's offer.

Cash buyers + cheeky offer = tempting

Unsold buyers that might need months to sell and then get in a chain + cheeky offer = dream on

Please ignore all those typos! My eyesight is crap lately and my autocorrect has died of exhaustion 😆

Our house is under offer but we would need a mortgage.

I don't want to insult them. And it's a beautiful house so someone may well come along and offer much closer to the asking price.

I'd be surprised if they went for it, but you can try. They may consider you time wasters and not wish to deal with you further though. I'd put in the best offer of what it's worth to you. And then if you don't get it you don't get it. You know you tried your best.

Definitely offer.. our house was similar. Our buyer dropped out and if we had had another offer for even way under we would have taken it. They might not accept now, but they might later down the line!