How much did we pay for our house ?

[Footgoose]

Bought a new build . Flooring / wardrobes/ turf not included . We paid for these to be installed before we moved in . We upgraded the kitchen and tiling . No curtains yet so I’m not including these. Nothing we bought is removable . We didn’t remove anything to add our own things .
DH and I disagree on how much we paid for our house. I know it’s petty , but friends and family do ask . On the day of completion we handed over an additional 47 thousand pounds in addition to the cost of the house in its naked form.
DH says the house cost , just the cost of the house . I tend to include the amount for the upgrades. If I mention this price , he “corrects” me and it’s grating . I know it’s not important . I know we are blessed, I’m not trying to be flash, but I do disagree with him on how much our house cost .
What would say if asked the question ? I know we could say mind your own business but it’s family and friends and we all love a house price conversation .

It’s not exactly an extra £4700 on furniture, it’s £47k. I’d include that in the price! Or say we paid x with 47k interior.

I can't imagine friends and family actually asking. Neither can I imagine telling them if they did. A swift "oh, the surveyor's value was as expected" accompanied with a Paddington stare due to the rudeness.

If the price sans fittings was used for the stamp duty, however, I think your husband's right. There was a wheeze - don't shout about it.

If anyone wants to know they can check right move, etc.

@Perpop.That’s my point . We can’t exactly take the floor , fitted wardrobes and turf with us if we sell . And as none of it was included and is basically attached to the house and we handed the money over in the same transaction I feel that’s what we paid. Maybe I’m a pedant .

How much was the stamp duty paid on? That's what you paid for the house.

So, if Stamp duty was payable on 500,000, DH was right. If stamp duty was paid on 547,000, you are right.

I get your point @roses. Yes we can stay tight lipped but honestly everyone who’s visited has asked the question. That’s just who we are as a family. I think I personally would look a bit uptight not answering . I also think giving a longer answer about additions might make me look a bit of an arse . No the extras didn’t attract extra stamp duty to be fair .

If it wasn't a new build wouldn't you say £500K and then if you knew them pretty well you'd say 'and another £50K doing it up'? It's just chance that you paid the £50K to the house builder instead of a regular builder innit?

I’d say what we paid, not the extras/upgrade. We bought a flat and renovated it, I didn’t factor in what we spent on the renovation until we sold it. I think if you’ve paid for nice floors/kitchen etc it’s for your own enjoyment, unless you’re doing it to make it a more attractive prospect to sell iyswim? Your way makes the house sound like an investment, your DH’s is seeing the house as your home.

I think your husband is right.

You could have gone with cheaper options for the items you spent the 47k on, and you surely are not including turf as part of the house price? You could have bought freestanding ikea wardrobes and put in laminate flooring yourselves. People often rip up a garden and redo it depending on condition or parking needs. Or they put in a pool or a big shed, or whatever. All optional.

The fact that what you got for your 47k can't be packed into a moving van and taken with you when you leave is immaterial.

You paid stamp duty on 500k. This is the clincher.

Fair enough . The question will probably stop now everyone has had a nose . I was quoting what went out of our bank account . I’ll stick to the stamp duty price and avoid being corrected by DH.

Can I be the first to say that sounds like an awful lot of money for flooring, turf and wardrobes?

Well I don’t think many folks include the work and stuff they buy for it as part of the price. We renovated our house, had hard landscaping etc, but I didn’t pay that for the house. I don’t think anyone does it like you

just say ti him though it’s important to you to say the bigger number.so could he just go along with it? The issue is the value on line will,be what you paid, and not the cost of your wardrobes etc added in.

Also if folks ask just say the cost plus the kitting out. So oh the house was 100k and we spent another 50 on the interior and garden. Then you get to tell people and are correct.

@demotedreally . I think so too which is probably why I want to acknowledge that when asked. 😂

Why don't you just say you paid £x and with the flooring, wardrobes, turf etc as well, you ended up paying £y in total.

@endless. It just seems a longer way to say we paid x amount .

But you didn’t pay x amount for the house. You paid whatever and the additional 47 was for things like kitchen tiling wardrobes etc which is not uncommon , many of us pay for those things and to furnish our homes and do the gardens. We don’t pretend it’s part of rhe house price. Your husband is correct.

You beat me to it! I hope that the floor is finest mahogany or carerra marble!

If you could have bought the house without all the extras in it then I’d say the price of the house is the price before the extras.

You could have bought the house and then got another builder etc to do the extras a year down the line.

Sorry your husband is correct unless you had to pay for the basic flooring as extra.

For example you MUST choose from lino at £3 per meter, pine at £5/meter, hardwood at £10, Italian marble at £80million. That would mean adding the £3 per meter to price as you need a floor. Same with wall tiling. You could in theory have stuck with a concrete floor and plaster but I think adding the basic to the "house price" is fair. Cant say the same for wardrobes or turf though.

Your house is worth what you paid plus the extras IMO
I would say the price you paid and the extras. It matters in a new build. You can't not have flooring and turf!

You can look up what anyone paid for their house on Zoopla. I suspect it would not include the furbishments that you did. You can enter those on Zoopla though to add up your property value.

What @WinterDeWinter and @EndlessMagpies said.

I was in the same boat with my new build. The land registry says £399k but really I paid £440k. The basic build out did not include the kitchen (only very, very basic stove connection, sink and the shortest wall of units to put them in so that could be mortgageable)

I suppose I could have lived with that but I’ve camped with better equipped kitchens!

No floors, carpets. Bathrooms had only a handful of tiles, again, not actually practical or waterproof. Lawn, fencing, more than 1 plug socket in a room, all extras.

This was reflected in the price we bought it for, but if people look on Rightmove at the price and what’s there now, they’d assume that the tiling, kitchen, floors, fencing etc was included in the price because unless you’ve actually bought a new build, you don’t know how much of a shell it is when you look at the show house.

so yes, I know what you mean when you said you actually paid x when the land registry says you bought for much cheaper.

Also, I’d love to see all of these people saying flooring, tiling, kitchen units, turf, fencing are “extra” gawping in shock when they buy the house from you and you remove all those things and hand them the keys because, according to their logic those are all extra things new owners pay for anyway! (cue objections that they’d never buy that sort of house anyway 😉…)

What you paid is what’s on the land registry. Anyone can see how much someone paid for a house online. So I would stick to that figure.