Meet the Other Phone. Protection built in.

Meet the Other Phone.
Protection built in.

Buy now

Please or to access all these features

Property/DIY

Join our Property forum for renovation, DIY, and house selling advice.

How much did we pay for our house ?

40 replies

Footgoose · 05/10/2022 21:44

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 .

OP posts:
featheryfancy · 06/10/2022 00:19

Yeah, including the extras is weird. We're in the process of buying a doer upper and will be keeping back the vast majority of the equity in our current property to renovate.
Doesn't change the purchase price of the house.

Arenanewbie · 06/10/2022 00:24

I agree with @GreenLunchBox you can’t live without flooring. Most people think that a new build has everything, so your DH’s answer is technically right but doesn’t take into account specifics and will confuse people. I would go for a long answer. If family and friends are curious they will wait and listen.

20questions · 06/10/2022 01:13

I agree with @GreenLunchBox too. The "extras" on the whole were necessities. Items that a normal house generally has as a matter of course.

Appleblum · 06/10/2022 01:28

The extra 47k is the renovation cost.

funzeny · 06/10/2022 01:58

Why is anyone asking or talking about it.
A house is worth what your family wants in the area you want.

Goatinthegarden · 06/10/2022 02:42

We’ve been asked what our extension cost quite a few times. If they are asking out of nosiness, I’m vague and don’t really answer. If they’re asking because they want to build something similar, we’ve had a conversation about the actual building costs and the cost including kitchen, bathroom, flooring etc.

If I were you,, if asked out of curiosity, I’d just give the basic price. If asked because they’re considering a similar purchase and are looking for information, I’d say ‘it cost X, but it came without any fittings, so we had to think about that in our budget’.

CellophaneFlower · 06/10/2022 06:08

I would just say the house cost X but the interior fittings were extra. If they ask how much and you're happy to tell them, that's fine.

I've never bought a new build before and would assume the price paid included most things, so don't think it's strange to point out it doesn't. It's a totally different scenario to buying an older house and including reno costs.

Sestriere · 06/10/2022 06:12

Isn’t this a builders selling technique? Sell you the house “cheap” so you feel like you’ve got a deal, but on the proviso that you buy their overpriced extras. You pay less stamp duty they get the overall price they wanted?

BIL did this, bought the show house for tens of thousands less than its identical neighbour but paid tens of thousands for the show house contents.

beachcitygirl · 06/10/2022 06:18

@Footgoose I agree with you & @RosesAndHellebores maybe it's rude in your Circe. But my family & friends are very close & we definitely would ask and gladly tell each other.

RosesAndHellebores · 06/10/2022 07:52

@beachcitygirl it is beyond the pale in any circle I'd have thought. We are very close to many friends - it would just never be mentioned. One of our neighbours houses is presently for sale; I am sure all the households in our little road know what it's up for. Nobody would be crass enough to discuss it.

Twiglets1 · 06/10/2022 08:25

I would go with the stamp duty price. Because after about 3 month the price you paid (stamp duty price) becomes visible on Rightmove Sold prices - they get the information fromt the Land Registry.
So if you quote the higher price and anyone in your family is nosy enough to check the Rightmove sold price in a few months, it will look like you were lying.
I would quote the lower price but then say "plus some extra for flooring/turf etc".

beachcitygirl · 06/10/2022 12:10

@RosesAndHellebores well clearly not beyond the pale as quite a few people on here have pointed out to you. Clearly you & your circle are a wee bit prissy/different
Namaste

Meili04 · 06/10/2022 13:24

It's whatever the land registry says but you say you paid extra for the upgrades. Buyers won't normally give you all the money for the upgrades anyway as they will check land registry.

Tessasanderson · 06/10/2022 13:34

I'm with you. You paid the full amount including extras. If you go and buy a car that costs £30k and you add £5k options you would say it cost £35k.

Is he somehow embarrassed by the full price you paid. Sounds weird to get hung up on what you paid.

GasPanic · 06/10/2022 15:37

Any interested party can get your house price by going to rightmove and checking the sold house prices section.

Go with that number.

New posts on this thread. Refresh page
Swipe left for the next trending thread