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Is it being a CF to have an asking price lots more above price you paid when you've not upgraded anything?

51 replies

FingersXrossed · 22/08/2020 10:43

Just wondering really. We're house hunting and have found a house that looks nice but is at the top end of our budget. Upon looking at previous sales info this house is selling for over 12% more than the seller purchased it for 3 years ago. Nothing appears to have been done apart from a bit of decorating (new wallpaper etc).

Is this normal or are they taking the piss? Similar homes in the same street have sold for a variety of prices although one sold last year for a third of this asking price! Same type of house and looks nice too so I'm not sure what to think!

OP posts:
Inching · 25/08/2020 11:21

Well, if you're offering the asking price or close to it, OP, and you think there's probably enough interest in the house for someone else to outbid you, then surely you can see how the market operates?

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