So, I'm thinking of entering this competion. Clearly as much chance of winning as me getting an Olympic gold medal, but I keep reading that these 'amazing' houses have issues. Eg one has been massively flooded and another is so close to the cliff edge that it might be uninsurable and when it falls the owners will have a massive clear up bill. The current one is in Finsbury Park and I've even been sad enough to streetview it. Can't see any obvious issues, so why is it an OMAZE house? Please enlighten me!
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NewHouseNewMe · 28/08/2023 09:46
Can we find out what Omaze paid? They seem to like finding “distressed” or merely overpriced houses - presumably for much cheaper than originally advertised - and then quoting the original price tag as the value.
According to a local Mumsnetter, the Islington one was overpriced for that part of the area (N7) and was unsold for some time until Omaze came alone.
So I wonder what they paid for the Devon one if there are structural issues?
NewHouseNewMe · 28/08/2023 09:59
So interestingly there isn’t an option to take a cash prize. Somehow I thought there was.
It sounds unlikely the Devon winner will get far with that angle and if it’s uninsurable will struggle to sell it. I’d say they’ll settle.
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