House Pricing

[Menelaus]

I'm doing some research at the moment about a house that I *may* buy.

The vendor paid £380K for it in December 2006 and it's now on the market for £385K. If I were to offer less than he paid for it, would that be considered insulting?

[DimPrawn]

Yes, he'll probably wish for your children to be born blind.

[tino]

I'm doing some research at the moment about a house that I *may* buy.

The vendor paid £380K for it in December 2006 and it's now on the market for £385K. If I were to offer less than he paid for it, would that be considered insulting?

If you aren't embarrased when making an offer on property, that offer is too high

[Menelaus]

Yes, he'll probably wish for your children to be born blind.

One wears glasses.

[DimPrawn]

House prices only ever go up.

Offer £400K. A nice round number and he'll be your best mate ever.

[thunderlizard]

Nope. He's had 2 and a half years' use out of it. He must have scuffed up a few grands' worth of skirting boards by now.

[Menelaus]

House prices only ever go up.

Offer £400K. A nice round number and he'll be your best mate ever.

bollocks.

[Mich the Tester]

The vendor paid £380K for it in December 2006 and it's now on the market for £385K. If I were to offer less than he paid for it, would that be considered insulting?

Yes, but why should you pay over the odds for it? Offer 350

[Menelaus]

Yes, but why should you pay over the odds for it? Offer 350

TBH, £350 was the number I had in mind ... cheers.

[DimPrawn]

Stick the postcode and select the house:

http://www.zoopla.co.uk/home-values/

You'll know what it is worth now. Offer that -10%