From the comments you have been making on this site, you seem to think everything is overpriced. Maybe you should wait a few more years when a further collapse may make things look like value to you.
I wish I had a little sticker or tag to mark all these estimates to do some cross checking hen the databae is out. We could award prizes to the most accurate pinsters!
I agree the extension is ugly but the house still has plenty of pros, and is a good size in comparison to a lot of houses. A three bed on Drummartin Road is asking 469k and looks really pokey!
I suppose it does; property has no concrete value and is only worth what people are willing to pay for it, so if people are willing to pay over and above the asking price the asking was too low, or a least did not accurately reflect the market value of the house.
This one is “overpriced” if it doesn’t reflect the market value of the property, but we can’t really know what the market value is until someone buys it, so it may be more accurate to ask the question in a different way, perhaps “how low would you go?!”
All the posts were about properties in SCD, one of which has exceeded its asking price already. I am merely suggesting that the poster’s opinion of “overpriced” is off compared to the market, or else they are sneakily bidding on said properties and trying to ensure their bid wins by badmouthing the properties. Or its just yet another new poster with their own opinions and happy to share.
There are plenty of properties exceeding their asking price in SCD at the moment.
I thought the site was for the purpose of open, free, honest discussion and opinion? Based on latest data issued today house prices are still falling, bar the odd area, i do honestly think value is still not great, but perhaps close in the case of some properties in SCD as you state.
Ok, take no notice of me, was having a grumpy day yesterday, apologies. One thing I would say is that these WIW posts are greatly enhanced by anyone who has actually gone to see the property in question as the advert won’t tell you how much interest is in it, and if there are any big negatives.
I would wait a few months before buying a property in June, July August… prices are going to drop further. The mention of the 1.1% drop yesterday in the news is good for the buyers again. There are more propertys coming on to the marketin 3 weeks time.
Stay Calm. I would buy a property in October or November… or even in the New Year…