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WILTDCIIS4 - toluna-3.654-date2013-05-06-time10-56-00-7356f753a932
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chestnut4

chestnut4

15 months ago

My house will not sell at £250,000 .....any ideas ?

We have been in our house for 5 years and paid £249,500 for it. Now we are trying to sell and have even added solar panels at a cost of £9,000 and it is still not selling at over the selling price of £255,000 offers accepted. .....what do we do ?
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1985lauraanne

  15 months ago
That seems to be a lot of money to spend on house which you are trying to sell.
If you have had the house up for 5 years then you must realise that current market value will now be lower due to the housing crash. If I were you I'd get it revalued for today's market and make a decision about how you proceed based on that.
I'd also stop spending large amounts of money on things which some people are still very unsure about. You should declutter your home and freshen up paint work. That will make it seem more appealling to people as they will be able to see their own things in the house easier if your things are not there.
0 comments

maz 123

  15 months ago
its just not a good time .... can you wait a bit longer !!! !!!!
0 comments

ck_lisa2009

  15 months ago
The way the economy is right now you are probably going to have to lower the price of the house. Alot of people are afraid to go out and make a big purchase like that in fear of loosing their job's.
0 comments

craigzahner

  15 months ago
i would list it worldwide. hook up with companies wanting to relocate management and make them a deal
0 comments

alohakona

  15 months ago
Determine the value of the current market by conducting a survey of comparable recently sold houses in your area. The original sales prie may not have any relevence to the current market price. Here, in the U.S., some markets have lost 50% in value due to excess inventory of new and used houses and high foreclosure rates due to people obtaining loans with no money down and insufficient income levels to pay back the loan. You will probably not recover the cost of the solar panels, as some people will view it as for your convenience and are now worth considerably less compared to newer more cost efficient systems. You will probably be able to sell your house for about 75% of your original cost, but other houses in your market are also discounted by the same rate, so you will come out even when buying a new house. THe actual amount you receive should be compared relative to the cost of buying another house of the same age and size in your market, not compared to the cost of a new house or to the original price of your house. Your view point may need to change. When we sold our house several years ago, its value had doubled in 10 years, but so did the cost of new houses in the area. We came out even.
0 comments

willow8503

  15 months ago
Do you have a professional helping you? If not, maybe you should hire someone to evaluate the house and see if it needs staging or a price change.
0 comments

catrinadavis43@gmail.com

  15 months ago
lower selling price of your home; the economy now is out of control
0 comments

philosofy

  15 months ago
You will probably need to take a loss on the house if you have to sell it quickly. There is no guarantee that you will get more than you paid for it even by putting improvements into it. We lost over $30kUS on a rental house that we sold last year.
0 comments

jessie691

  15 months ago
You paid that much five years ago, before the house market collapsed. There's no way you're going to get the cost back at all at that price, while the market is as down as it is and the public is afraid to make any big purchases. If you're adamant on selling it at that price, your only option is to hang onto it for another 5-10 years while the economy recovers. Otherwise, you'll have to drop the price by like a third.
0 comments

mecbesant@aol.com

  15 months ago
Either hang on to it for several more years and wait to see if the housing market improves, or realize you are going to take a real loss on this. Is selling it a "must"?
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