house prices drop 10% in 4 months..

Peter Pann · 2004-10-18T19:28:30+00:00

well mine has anyway.. I put my brand newly renovated 3 bed terrace on the market in Mid July for 190K. (Central'ish Cardiff) The price was arrived at after 3 estate agents valued at 190, 190 and 195 Later i reduced it to 186,950 then 184,950 then 179,950 now it is on 174,950 One of the agents said (in July) if it is still on the market at Christmas.. I don't know what he said after that as I switched off.. I thought he was mad. Obviously not.. Those who are not watching the market closely may not have realised but prices are dropping! And it's still not sold so it may have to drop further. Any other sellers here feelin the pinch?

Oct 18, 2004 41 Replies

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JF 21 years ago

X-No-Archive: yes In message , Chris Game writes

Not where wallpaper is concerned. Wallpaper can knock GBP1K off a house's value. There are thousands of choices of wallpaper design, less choice with plain colours. The chances of getting wallpaper right that is to a buyer's taste is zilt. Stick with emotion paint.

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MM 21 years ago

But the scoring method would work for both types. A high score for pristine would encourage the fastidious buyer and put off the DIY-er.

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